A leading Life Insurance company is seeking an FSA-designated Actuary to join their Model Risk team. This is a high-impact role for a seasoned actuarial professional with expertise in model risk governance, validation, and oversight. If you have a passion for ensuring actuarial models meet the highest standards of accuracy, compliance, and efficiency, this could be the perfect opportunity for you.
Key Responsibilities:
- Develop and enhance model risk management frameworks, ensuring compliance with regulatory and internal standards.
- Lead model validation efforts, identifying potential risks and recommending improvements.
- Oversee the governance of actuarial models used for valuation, pricing, ALM, capital modeling, and risk management.
- Collaborate with actuarial, finance, and risk teams to assess model assumptions, methodologies, and controls.
- Provide thought leadership on best practices for model governance, automation, and regulatory compliance.
- Partner with senior stakeholders to drive continuous improvement in model efficiency and transparency.
Qualifications:
- FSA designation required.
- 7+ years of actuarial experience, with a focus on model risk, validation, governance, or actuarial controls.
- Strong understanding of modeling software (e.g., Prophet, AXIS, MG-ALFA) and financial reporting frameworks (GAAP, IFRS, PBR).
- Experience working in a model risk management or audit function is a plus.
- Excellent analytical, problem-solving, and communication skills.
What's in It for You?
- Competitive compensation package with performance incentives.
- Opportunity to work in a highly visible role, influencing model governance strategy.
- Professional development and career advancement opportunities.
- Flexible work arrangements, including remote or hybrid options.
