Genworth Actuarial Development Program Co-Op 2026-2027

 Posted 3 days ago
     
 $22 - $31.75 per hour
  
0-2 years experience
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AI Summary

Co-ops will solve real-world financial problems using large data sets and actuarial software. They will also participate in professional development classes and build a network of mentors and peers.

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day. 

We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism.

Our four values guide our strategy, our decisions, and our interactions:

  • Make it human. We care about the people that make up our customers, colleagues, and communities.
  • Make it about others. We do what's best for our customers and collaborate to drive progress. 
  • Make it happen. We work with intention toward a common purpose and forge ways forward together. 
  • Make it better. We create fulfilling purpose-driven careers by learning from the world and each other.

    

POSITION TITLE

Actuarial Development Program Co-Op

    

POSITION LOCATION

This position is available to Virginia residents as Lynchburg or Richmond, Virginia in-office applicants or remote applicants residing in states/locations under Eastern or Central Standard Time: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Virginia, Washington DC, Vermont, West Virginia or Wisconsin.

    

YOUR ROLE

Genworth’s Actuarial Co-Op program is an excellent opportunity for students to explore the actuarial profession while honing the necessary technical and interpersonal skills for the job. Throughout the school year, co-ops work part-time exercising their talents to solve real-world problems because our financial services and products touch real lives—whether we’re providing support for caregivers, enabling independent living, or helping people achieve home ownership.

What you will be doing

  • Work in a fast-paced, innovative, and change-oriented work environment that could ultimately lead to full-time opportunities
  • Build a strong network of peers and mentors
  • Attend on-site technical and professional development classes
  • Participate in sponsored community service events
  • Utilize advanced Excel techniques and programming
  • Opportunity to work with large data sets
  • Gain exposure to actuarial software, including GGY AXIS, MG-ALFA, and PolySystems

What you bring

  • Pursuing a bachelor's degree in Actuarial Science, Mathematics, Statistics or related field
  • High aspirations for a career in the actuarial field
  • Strong mathematical background
  • Demonstrated proficiency in oral and written communications


Nice To Have

  • Minimum or better 3.2 GPA on a 4.0 scale
  • Scheduled or have taken and passed one actuarial exam


Why Work at Genworth

  • We have a real impact on the lives of the people we serve
  • We work on challenging and rewarding projects
  • We give back to the communities where we live


ADDITIONAL INFORMATION
Hiring Rate: $22.00-$31.75/hour

Disclaimer: This role is aligned to a national market-based pay range. Actual compensation will vary based on geographic location, experience, skills, and other job-related factors, such as exam progression towards the Associate in the Society of Actuaries (ASA) designation. In addition to base salary, this role is eligible to participate in a bonus incentive plan. Incentive compensation is based on individual and company performance and is not guaranteed.

• At this time, Genworth will not sponsor a new applicant for employment authorization for this position.

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