Job added in hotlist
Applied job
Contract job
90-day-old-job
part-time-job
Recruiter job
Employer job
Expanded search
Apply online not available
View more jobs in Charlotte, NC
View more jobs in North Carolina

Job Details

Lead Actuary - Model Risk Management

Location
Charlotte, NC

Apply for this job






5 hit(s)  

Profile

Job Description:
The Model Risk Management Actuary will be a member of the Model Risk Management team that oversees management of the risk inherent in models (e.g. Actuarial, financial) used throughout the company. They will support Model Governance, Model Validations, Model Change & New Model Management, Model Inventories & Risk Assessments, Model Policies, and other activities. Opportunities include:
Deepen understanding of products, assumptions, and processes across different areas (Life / Annuity / Health, Inforce / New Business)
Enhance modeling and risk management skills
Positively impact decision making by securing models used for financial reporting, pricing, and other strategic business decisions
Help build out and establish a new team and function
Exposure to Chief Risk Officer (CRO) and other leaders within Risk Management and Finance
Responsibilities include:
Perform and support model validations (adherence to minimum 3-year validation schedule for financial reporting) and development or update of benchmark models (e.g. baselining spreadsheets).
Support model governance committee and process, including Risk Management review of model changes and new models.
Support completion and regular monitoring & review of the model findings inventory, including simplifications.
Support completion of the model inventory and annual model risk assessment.
Support development, implementation, and compliance monitoring of Model Risk Policies/Standards.
Support Sarbanes-Oxley (SOX) processes around Model Governance, Change Management and Validation.
Support review of model documentation and help identify weak spots in process & documentation.
Support review of pricing models and signoff for CRO on new product approval process.
Support expansion of validation procedures beyond main liability projection models (GGY AXIS) as needed - Reserve valuation systems, Asset Liability Models, Asset Valuation, etc.
QUALIFICATIONS:
ASA with at least 4 years of actuarial experience, FSA a plus
Experience with liability modeling & reporting and actuarial projection systems (GGY-AXIS is a plus)
Software skills including MS Office/Excel/VBA
Risk Management (in particular model validation or governance) or audit experience is a plus
Must possess strong accountability, high quality of work ethic, strong organizational skills, solid interpersonal & communication skills, and be a good self-starter
ABOUT **MEMBERS ONLY**SIGN UP NOW***.
We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy.
As an employer **MEMBERS ONLY**SIGN UP NOW***. is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. **MEMBERS ONLY**SIGN UP NOW***. US has been recognized and certified as a great place to work by the Great Place to Work Institute.
We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave **MEMBERS ONLY**SIGN UP NOW***.. Almost 40% of our open jobs are filled with current employees.
NOTE: **MEMBERS ONLY**SIGN UP NOW***. participates in the E-Verify program.
In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment.
**MEMBERS ONLY**SIGN UP NOW***. is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.
Apply Now
Enhance modeling and risk management skills
Positively impact decision making by securing models used for financial reporting, pricing, and other strategic business decisions
Help build out and establish a new team and function
Exposure to Chief Risk Officer (CRO) and other leaders within Risk Management and Finance
Responsibilities include: Perform and support model validations (adherence to minimum 3-year validation schedule for financial reporting) and development or update of benchmark models (e.g. baselining spreadsheets).
Support model governance committee and process, including Risk Management review of model changes and new models.
Support completion and regular monitoring & review of the model findings inventory, including simplifications.
Support completion of the model inventory and annual model risk assessment.
Support development, implementation, and compliance monitoring of Model Risk Policies/Standards.
Support Sarbanes-Oxley (SOX) processes around Model Governance, Change Management and Validation.
Support review of model documentation and help identify weak spots in process & documentation.
Support review of pricing models and signoff for CRO on new product approval process.
Support expansion of validation procedures beyond main liability projection models (GGY AXIS) as needed - Reserve valuation systems, Asset Liability Models, Asset Valuation, etc.
QUALIFICATIONS: ASA with at least 4 years of actuarial experience, FSA a plus
Experience with liability modeling & reporting and actuarial projection systems (GGY-AXIS is a plus)
Software skills including MS Office/Excel/VBA
Risk Management (in particular model validation or governance) or audit experience is a plus
Must possess strong accountability, high quality of work ethic, strong organizational skills, solid interpersonal & communication skills, and be a good self-starter
ABOUT **MEMBERS ONLY**SIGN UP NOW***. We have been providing stability and reliability to our clients since 1859 to help them live their lives with confidence, to give them peace of mind, and enable them to realize their dreams for their loved ones and their legacy. As an employer **MEMBERS ONLY**SIGN UP NOW***. is committed to creating an environment where everyone feels completely comfortable bringing their true selves to work every day. **MEMBERS ONLY**SIGN UP NOW***. US has been recognized and certified as a great place to work by the Great Place to Work Institute. We provide our employees opportunities to move within our organization so they can grow their career and skills without ever having to leave **MEMBERS ONLY**SIGN UP NOW***.. Almost 40% of our open jobs are filled with current employees. NOTE: **MEMBERS ONLY**SIGN UP NOW***. participates in the E-Verify program. In addition to competitive compensation and an outstanding benefits package including 401 (k) and medical programs, we offer the opportunity for continued professional development in a congenial corporate environment. **MEMBERS ONLY**SIGN UP NOW***. is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws. >
More Info
Our Mission
**** Disabled Person, Inc. | Terms and Privacy Policy
Donate
Want to be a sponsor?
Contact Us

Company info

Sign Up Now - ActuarialCrossing.com

Similar Jobs:
CSI-IT - Actuarial Project Manager
Location : Charlotte, NC
Day to day tactical management and coordination for the project, the project teams, and related outcomes Maintenance of detailed MS Project plan and administrative updates needed through course of project Frequent monitoring/repor...
EmploymentCrossing was helpful in getting me a job. Interview calls started flowing in from day one and I got my dream offer soon after.
Jeremy E - Greenville, NC
  • All we do is research jobs.
  • Our team of researchers, programmers, and analysts find you jobs from over 1,000 career pages and other sources
  • Our members get more interviews and jobs than people who use "public job boards"
Shoot for the moon. Even if you miss it, you will land among the stars.
ActuarialCrossing - #1 Job Aggregation and Private Job-Opening Research Service — The Most Quality Jobs Anywhere
ActuarialCrossing is the first job consolidation service in the employment industry to seek to include every job that exists in the world.
Copyright © 2018 ActuarialCrossing - All rights reserved. 169