Actuary : DIRECTOR-MODEL Validation

Posted on Nov 19, 2018 by Affinity Executive Search

West Mclean, VA 22103
Senior Appointments
Immediate Start
Annual Salary
Full-Time
* Lead the validation of certain critical models,
* Provide independent assessment of certain critical models by reviewing model assumptions, data sources, mathematical formulas, processes, and business applications
* Provide an independent view on model reliability, stability, and robustness, and if the model is applicablefor purpose, including whether assumptions were appropriately implemented
* Collaborate with various stakeholders including members in Modeling, Risk, Actuarial, Finance, Audit, and IT teams
* Communicate the validation results to modeling teams, senior leadership, and appropriate governance committees
* Follow up on findings/recommendations to ensure they are implemented appropriately
* Research available state-of-the art modeling solutions and leading industry practices, and share best practices across different platforms

We are representing a Fortune 500 Financial Services company who, due to significant organicgrowth, seeks asenior actuarial professional to lead the critical validation models across all products including investment, corporate and life.

The position offers excellent compensation, benenfits, and career advancement in addition tosign-on bonus andrelocation assistance.

REQUIREMENTS:

REQUIRED:

* BA/BS Degree in mathematics, statistics and/or related major including Mathematical knowledge, skills and abilities
* FSA/near FSA or career ASA with commensurate experience
* 5 + years of relevant work experience within insurance industry
* Proven modeling & analytical skills
* 3 + years of direct experience in building and improving models (in SAS, MATLAB, POLYSYSTEMS, ALFA, AXIS, etc.)
* Knowledge of Valuation, Projections, Experience and Pricing actuarial processes Intellectual curiosity and capability
* Strong communication skills (verbal and written)
* Ability and willingness to challenge and influence the business in a highly collaborative way
* Willingness to collaborate, and share ideas and knowledge
* Ability to work independently with minimal supervision
* Results oriented, accountable for performance, and willingness to take ownership of projects

PREFERRED:

* Familiarity with critical models in Long Term Care insurance, Life insurance and/or Annuities
* Advanced proficiency in more than one modeling platform (e.g., SAS, MATLAB, POLYSYSTEMS, ALFA, AXIS, etc.)
* Masters Degree in a quantitative discipline
* Chartered Enterprise Risk Analyst (CERA) certification

Reference: 559198460

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