Genworth Financial VP & Valuation Leader, Long Term Care in Richmond, Virginia


Genworth is a Fortune 500 financial services company providing financial security and protection through our Mortgage Insurance and Long Term Care Insurance businesses. Our purpose is to help families achieve the dream of homeownership and address the financial challenges of aging. At Genworth, our promise to our employees is the opportunity to make a meaningful difference in the lives of our customers, our communities, and one another.

We issued our first life insurance policy in 1871, our first annuity contract in 1928, and our first long term care insurance policy in 1974. Today, nearly 4 million customers rely on Genworth's U.S. Life Insurance Companies.


We are looking for a strong leader to manage our Long Term Care (LTC) Valuation Department. The position would lead a team of 8-9 associates made up of seasoned FSAs, actuarial students and financial analysts. The team is responsible for calculating and analyzing key monthly, quarterly and annual Financial results. The leader will communicate these results to a wider audience that includes Senior leadership and is responsible for signing off on Stat, GAAP and Tax reserves for the LTC business. An excellent valuation leader must be able to work within a controlled, governed change management environment and provide leadership in developing and maintaining strong and robust actuarial valuation models and processes. In addition, the valuation leader will work with a number of other teams, primarily Model Development, Projections, Experience Studies, In-Force Management, Risk, Finance and Internal Controls. The ideal candidate must show demonstrated abilities to effectively interact with a wide range of external departments.

Genworth has been a leading provider of LTC policies over the past 40 years. Our LTC block of business consists of a wide variety of Individual and Group LTC products, Reimbursement and Indemnity-Type contracts and includes both Ceded and Assumed Reinsurance blocks of business. The leader will be expected to provide technical actuarial expertise on the entire block of business in order to confidently and consistently deliver accurate financial results.


  • Provide governance and oversight of the development, implementation and change management of LTC Actuarial models and processes

  • Provide thought leadership on how to improve liability valuation processes

  • Direct Valuation team in the development and production of monthly, quarterly and annual financial results

  • Communicate actual financial results, explain variances and key drivers to a wider audience including Finance, Operations, Risk, Product Management, Experience, and Senior Leadership

  • Engage with LTC Product Actuarial leaders in the standardization and management of LTC Actuarial modeling platforms

  • Create partnerships across the LTC organization to ensure the valuation model and processes reflects the latest developments of Pricing, Product Management, and Experience teams

  • Manage LTC Liability Valuation Team


  • BS/BA Degree in Actuarial Science, Mathematics, Statistics and/or related major

  • Fellow of Society of Actuaries

  • 10+ Years of experience in the actuarial field

  • Experience with Actuarial valuation systems (i.e. AXIS, Polysystems, PTS, ALFA)

  • Understanding of GAAP, Statutory and Tax financial reporting requirements

  • Experience in building Actuarial models

  • Experience managing actuarial teams


  • 15+ Years of experience in the actuarial field

  • 5+ Years of Experience with GGY-AXIS actuarial valuation system

  • Prior experience managing valuation team

  • Strong presentation skills and experience presenting to senior leadership

  • Ability to manage concurrent deadlines and multiple priorities

  • Strong project management skills

Genworth Financial, Inc. is a leading insurance holding company committed to helping families achieve the dream of home ownership and address the financial challenges of aging through its leadership positions in mortgage insurance and long term care insurance. Headquartered in Richmond, Virginia, Genworth traces its roots back to 1871.