Corebridge Financial is a unique franchise that brings together a broad portfolio of life insurance, retirement and institutional products offered through an extensive, multichannel distribution network. It holds longstanding, leading market positions in many of the markets it serves in the U.S and internationally.
Our Finance team plays an essential role in maintaining a healthy balance sheet. They deliver significant finance support for the overall enterprise, optimizing operations, funding, and capital structure to honor our commitments to our stakeholders. They inform the decisions of AIG executives and comply with regulatory requirements, maintaining financial discipline, transparency, and controls, while providing timely and meaningful information.
The Finance function consists of a variety of teams with an array of responsibilities, including Corporate Development; Global Tax; FP&A, Business Finance and Finance Transformation; Asset Management; Controllership and Accounting; Treasury; Investor Relations; and Finance Operations.
About the Position
The Assistant Vice President, Capital Planning & Analysis is responsible for U.S. insurance company risk-based capital calculations, capital modeling and forecasting. This role will collaborate with other Capital Planning & Analysis personnel responsible for economic and rating agency capital. Additionally, this role will work closely with Treasury personnel on capital and liquidity contingency planning.
The AVP, Capital Planning & Analysis will report to the Vice President of Capital Planning & Analysis.
Role Responsibilities:
- Calculation of U.S. insurance company risk-based capital calculations for statutory reporting
- Preparation of forecasts of U.S. insurance company risk-based capital calculations to support effective and efficient business decision making
- Support the VP of Capital Planning & Analysis in the development of an annual capital plan for CFO and Treasurer
- Participation in capital and liquidity contingency planning, in collaboration with Treasury
- Implement and execute change management of new tools, templates, and technology designed to improve how the organization plans and manages capital
- Implement and maintain appropriate control framework, including model governance processes and best practices
- Participate in technical analyses and projects with other personnel from the Capital Planning & Analysis, Financial Strategy, FP&A, Treasury, Actuarial, Investments and Enterprise Risk Management teams
- Participate in internal discussions with the Actuarial and Legal, Compliance and Regulatory teams on regulatory and industry dialogue on capital matters
Skills & Experience
- Experience in financial industry required; actuarial, risk management and / or treasury experience in or for the insurance industry strongly preferred; experience with risk-based capital frameworks a plus
- A degree in a quantitative field preferred; professional certification (e.g., CFA, CPA, FSA) a plus
- Excellent analytical skills and knowledge of financial and insurance risk modeling
- Must be responsive to leadership requests and comfortable performing effectively in a fast-paced environment
- Support effective partnerships with key internal stakeholders and demonstrate strong collaboration skills
- Excellent interpersonal communication skills. Able to work & effectively present to senior members of the L&R Finance team
- Aptitude in problem-solving
- Advanced Microsoft Office skills
What our employees like most about working for Corebridge Financial
- We care about your professional development. Our career progression program will provide you with the opportunity to develop your skills, strengthen your productivity and be eligible to progressively advance to positions with an increased responsibility and increased compensation.
- Our "Giving Back" policy is at the core of our daily operations and guides our future progress. Don't believe us? We put our money where our mouth is! We, will give you up to 16 hours a year paid time off to volunteer in the community.
- Our people are our most important asset therefore we provide a generous benefits plan and competitive pay. Benefit package includes:
- Paid Time Off (We recognizes the importance of work life balance). We offer 24 PTO days to start. YES, 24! 17 paid holidays per calendar year.
- A 401(k) Retirement Plan which will be HARD TO BEAT. Our 401K - $1 for $1 match up to 6% with immediate vesting, plus AIG automatically contributes an additional 3% in to your 401K regardless of if you enroll or not.
The Capital Planning and Analysis Team is based in New York, NY and Houston, TX. Preference is for a hybrid work schedule based in one of these locations, but also open to considering remote candidates.
For positions based in New York City, the base salary range is and the position is $135,000 - $185,000 eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits
For positions based in Woodland Hills, CA, the base salary range is and the position is $125,000 - $180,000 eligible for a bonus in accordance with the terms of the applicable incentive plan. In addition, we're proud to offer a range of competitive benefits
#LI-SB1 #LI-SAFG #LI-Hybrid #LI-Remote
We are an Equal Opportunity Employer
Corebridge Financial, Inc., its subsidiaries and affiliates are committed to be an Equal Opportunity Employer and its policies and procedures reflect this commitment. We provide equal opportunity to all qualified individuals regardless of race, color, religion, age, gender, gender expression, national origin, veteran status, disability or any other legally protected categories such as sexual orientation. At Corebridge Financial, we believe that diversity and inclusion are critical to our future and our mission - creating a foundation for a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our people are not only respected as individuals, but also truly valued for their unique perspectives.
To learn more please visit: www.corebridgefinancial.com
Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees with physical or mental disabilities. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com. Reasonable accommodations will be determined on a case-by-case basis.
We consider qualified applicants with criminal histories, consistent with applicable law.
Functional Area:
FA - Finance
Estimated Travel Percentage (%): Up to 25%
Relocation Provided: No
American General Life Insurance Company
Working at
Corebridge Financial
Corebridge Financial is a recognized global provider of actuarial services, risk management, and financial analytics. They focus on the effective use of data to inform business strategies, optimize operations, and manage risk, enabling sustainable growth. The company's diverse team of professionals is trained in advanced mathematical and statistical techniques. Their expertise allows Corebridge Financial to give clients a competitive advantage in an unpredictable economic landscape. The company fosters a culture of collaboration, valuing each team member's contributions and insights. At Corebridge Financial, numerical analysis is a primary tool for generating tangible outcomes across various industries. This analytical approach is integral to the organization's operations, transforming complex data into actionable business strategies. In a broader context, Corebridge views data not just as numerical figures, but as a resource that can unveil a spectrum of opportunities. Their work often plays a vital role in guiding businesses towards long-term success. The company's ethos highlights the critical intersection of actuarial science and forward-thinking business strategy, demonstrating the importance of data in shaping the future of commerce.