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
VP, Inforce Rate Action Execution Leader, Long Term Care
LOCATION
Richmond, VA or
Remote US (Eastern or Central Time Zone)
This position is available to Virginia residents as 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
In this role, you will provide thought leadership as a member of the Long-Term Care (LTC) Leadership Team, with specific responsibility for the Execution of In-force Rate Action plan. This includes leading teams responsible for the development of actuarial rate filings, written communication with regulators, model development for supporting actuarial models, written communication to policyholders, and implementation of approved rate actions. This role will need to build strong relationships and work closely with other areas in LTC Actuarial, the Strategic Insights team, Government Relations, IT and USLI Leadership to ensure success in executing our Multi-Year Rate Action Plan. This role will coach and mentor to develop team members from both technical and business acumen perspectives while fostering a strong and positive culture of inclusiveness and collaboration.
What you will be doing
- Lead the LTC IFA Execution Teams and develop team members both from a technical and business acumen perspective; create a collaborative, inclusive and high-performing culture.
- Partner with all other LTC Leadership teams to ensure success and cohesive messaging.
- Communicate key metrics & progress to goals with multiple stakeholders, including internal management, auditors, and regulators.
- Provide thought leadership on how to improve processes to free up resources to focus more on strategy and less on process.
- Ensure strong model documentation and controls for IFA-related models and process.
- Evaluate long-term vision of team as we continue down path of self-sustainability; aligning strongest resources with most important goals.
- Ensure timely and accurate filings are submitted to states and that we drive communication in partnering with our LTC Regulatory and Government Relations teams to achieve approvals.
- Support strategic initiatives, as requested.
What you bring
- ASA designation required; FSA preferred
- 5+ Years of experience in LTC with significant management experience; prefer LTC rate action experience.
- Experience managing multiple teams.
- Strong presentation skills and experience presenting to senior leadership.
- Ability to manage concurrent deadlines and multiple priorities.
- Strong project management skills
- Understanding of LTC Model Regulations and state processes for approvals
Employee Benefits & Well-Being
Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives.
- Competitive Compensation & Total Rewards Incentives
- Comprehensive Healthcare Coverage
- Multiple 401(k) Savings Plan Options
- Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!)
- Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave
- Disability, Life, and Long-Term Care Insurance
- Tuition Reimbursement, Student Loan Repayment and Training & Certification Support
- Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management)
- Caregiver and Mental Health Support Services