This job is closed

We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.

Ameriprise Financial - Boston, MA

posted 3 months ago

Part-time,Full-time - Senior
Boston, MA
10,001+ employees
Credit Intermediation and Related Activities

About the position

The Director of Actuarial Model Validation at Ameriprise Financial is responsible for managing a team of quantitative model validators to ensure the conceptual soundness of actuarial models. This role involves leading model validation activities, acting as a subject matter expert in model risk, and communicating findings to senior management. The position requires a strong background in actuarial science and leadership experience.

Responsibilities

  • Manage a team of quantitative model validators to test and evaluate the conceptual soundness of actuarial models.
  • Lead and implement model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals.
  • Act as a subject matter expert in key model risk areas and related modeling areas.

Requirements

  • Bachelor's degree in Actuarial Science, Data Science, Mathematics, Financial Engineering, Economics, or another analytical field of study.
  • Fellow of the Society of Actuaries (FSA) or Associate of the Society of Actuaries (ASA) with a minimum of 6 years of experience post-ASA.
  • Significant recent experience in actuarial model design, product development, implementation, testing, and/or validation.
  • Previous people leadership experience and ability to mentor and develop team members.
  • Strong written and verbal communication skills.

Nice-to-haves

  • Experience with Life products (UL/VUL/IUL/Term/Whole Life) and Health products (LTC, CI, and DI).
  • Established communication, collaboration, and organizational skills.

Benefits

  • Competitive and comprehensive benefits program that supports health and well-being.
  • Variable pay in the form of bonus, commissions, and/or long-term incentives.
Job Description Matching

Match and compare your resume to any job description

Start Matching
© 2024 Teal Labs, Inc
Privacy PolicyTerms of Service