Economic Model Valuation Lead

$135,000 - $196,000/Yr

Equitable - New York, NY

posted 2 months ago

Full-time - Senior
New York, NY
Securities, Commodity Contracts, and Other Financial Investments and Related Activities

About the position

The Economic Model Valuation Lead at Equitable is responsible for managing the life and annuity valuation functions within the Equitable Economic Model (EEM) Reporting team. This role involves coordinating with various functions to ensure accurate valuation results, overseeing projections and testing, and managing a team of valuation modelers. The position plays a critical role in providing insights into the economics of the business to support strategic decision-making.

Responsibilities

  • Oversee life and annuity EEM projections and testing function
  • Coordinate with consolidation and scenario generation functions to ensure valuation results are accurately reflected in the reported results
  • Manage a team of valuation modelers and other functions as needed
  • Ensure proper controls are in place and effectively executed
  • Provide clear and concise explanations to the evolution of results and questions that arise
  • Prepare presentation materials for key stakeholders
  • Identify future enhancements to processes and methodology
  • Maintain active communication with other Actuarial and Risk Management teams to stay abreast on upcoming model and assumption changes

Requirements

  • Bachelors Degree
  • ASA Designation
  • 7 years of actuarial experience
  • Demonstrated leadership skills and a track record of challenging the status quo
  • Experience with economic model and its methodology

Nice-to-haves

  • FSA Designation or near FSA
  • Understanding of life insurance and annuity products, policyholder behavior and modeling of such products
  • Established technical skills with a heightened attention to detail
  • Best in class communication skills - both oral and written
  • Self-starter with an established sense of ownership and commitment to achieving objectives in a timely manner
  • Exposure to leading actuarial projection systems: MG-Hedge, and GGY AXIS

Benefits

  • Medical insurance
  • Dental insurance
  • Vision insurance
  • 401(k) plan
  • Paid time off
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