This listing was posted on Professional Diversity Network.
Director of Actuarial Model Validation
Location:
Minneapolis, MN
Description:
Ameriprise Financial has an exciting opportunity for Director of Actuarial Model Validation to join the team! This position will be responsible for leading and implementing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals. Key Responsibilities: Manage a team of quantitative model validators to test and evaluate the conceptual soundness of actuarial models and assess limitations and suitability for use.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 the key model risk area and other related modeling areas. Required Qualifications: Bachelor's degree in Actuarial Science, Data Science, Mathematics, Financial Engineering, Economics, or another analytical field of study is required.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, is required.Significant recent experience in actuarial model design, product development, implementation, testing and/or validation is required.Deep understanding of the models, products, assumptions, and processes across different areas (Life Insurance / Annuity / Health, Inforce / New Business, ALM, Hedging)Microsoft Office (e.g. Excel, Word, and PowerPoint),Actuarial modeling software (e.g. Prophet, AXIS, or ALFA, etc.)Previous people leadership experience and proven ability to mentor and develop people. Preferred Qualifications: FSA DesignationExperience with Variable Annuities with enhanced Guarantees (GMxB's), Structured Annuities / RILA and/or Universal/Variable/Indexed Life InsuranceProgramming / database languages (e.g. Python, C++, VBA, SQL, R, or SAS) About Our Company We're a diversified financial services leader with more than $1 trillion in assets under management and administration. Our team of 20,000 people in more than 20 countries advise, manage and protect the assets and income of more than 2 million individual, small business and institutional clients. We are a long-standing leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial Services, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law. Full-Time/Part-Time Full time Exempt/Non-Exempt Exempt Job Family Group Business Support & Operations Line of Business FIN Finance PDN-9bfb98f1-3e62-4812-9a06-2cdeee01a981
Visit Our Partner Website
This listing was posted on another website. Click here to open: Go to Professional Diversity Network
Important Safety Tips
- Always meet the employer in person.
- Avoid sharing sensitive personal and financial information.
- Avoid employment offers that require a deposit or investment.
To learn more, visit the Safety Center or click here to report this listing.
More About this Listing: Director of Actuarial Model Validation
Director of Actuarial Model Validation is a Other Jobs Director of Actuarial Model Job at Ameriprise Financial located in Minneapolis MN. Find other listings like Director of Actuarial Model Validation by searching Oodle for Other Jobs Director of Actuarial Model Jobs.
Director of Actuarial Model Validation is a Other Jobs Director of Actuarial Model Job at Ameriprise Financial located in Minneapolis MN. Find other listings like Director of Actuarial Model Validation by searching Oodle for Other Jobs Director of Actuarial Model Jobs.