Ameriprise Financial has an exciting opportunity for a Senior Manager 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 :
The Senior Manager of Actuarial Model Validation will report directly to the Director of Actuarial Model Validation and conduct model actuarial model validation activities which include the following : test and evaluate the conceptual soundness of actuarial models, assess limitations and suitability for use etc.
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 4 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.)
Ability to work independently with high initiative and comfortable working optimally in a collaborative team environment.
Proven success in communicating sophisticated information to senior management in a compelling fashion.
Strong written and verbal communication skills.
Preferred Qualifications :
FSA Designation
Experience with Variable Annuities with enhanced Guarantees (GMxB’s), Structured Annuities / RILA and / or Universal / Variable / Indexed Life Insurance
Programming / database languages (e.g. Python, C++, VBA, SQL, R, or SAS)
Must possess established communication, collaboration, and organizational skills
High level of accountability, quality of work ethic and proactivity
About Our Company
We’re a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022.
Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients.
We are a longstanding 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, 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
Senior Audit Manager - Climate and Environmental Risk
Bank of America believes both in the importance of working together and offering flexibility to our employees. At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We hire individuals with a broad range of backgrounds and ex...
Senior Manager of Strategic Finance
As a Senior Manager of Strategic Finance here at Honeywell, you will hold a highly influential position within our finance organization. Your role will entail utilizing advanced modeling skills and deep knowledge of the competitive landscape to deliver valuable insights and recommendations that faci...
Senior Product Manager: Product Front Line Unit (FLU) Process Support
Bank of America believes both in the importance of working together and offering flexibility to our employees. The Product Manager role is responsible for Single Process Inventory (SPI) as a team lead and partners with the Front-Line Unit (FLU), Business Controls, Risk, Audit, and other partners acr...
Senior Testing and Issue Validation Manager
Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. As part of Governance and Control team perform control testing activities (...
Senior Operations Change Manager - GB&GM AML Operations
Change Manager will work directly with the PMO and with senior management of the impacted operations area to set strategic direction of the project. Bank of America believes both in the importance of working together and offering flexibility to our employees. Key responsibilities include directing t...
Senior Audit Manager - BSA/AML including Sanctions
Audits Lines of Business (LOBs) ranging in scale and scope and produces audit reports in a timely manner that summarize results of an audit to management. Leverages a risk mindset to proactively identify risks, analyze themes, and continually evaluate areas of priority against the company’s risk pro...
Senior Audit Manager - AML Data Quality
As part of management team, Candidate will manage day to day activities of resources, multiple bodies of work, review documentation of work completed, manage relationship with stakeholders, escalate concerns timely with leadership, and design data strategy for the areas of support. Typically works o...
Senior Manager of Microbiology and Sterility Assurance
Senior Manager, Microbiology & Sterility Assurance – North Carolina – Competitive Package. Leading and managing a team of sterility assurance and microbiology professionals. A genuine opportunity to make a difference, being exposed to a variety of development projects which have the potential to sav...
Credit Review Senior Portfolio Manager
Through examinations and monitoring, Credit Review provides an independent assessment of the quality of credit decisioning, portfolio management, risk recognition practices and the effectiveness of credit processes across the bank's credit platform, identifies existing and emerging risks, and report...
Senior Workforce Development Program Manager
Primary Purpose of Position The purpose of this position is to direct the day-to-day implementation of EPIC’s workforce development initiatives. General Information Position Number 004726 Vacancy Open to All Candidates Working Title Senior Workforce Development Program Manager Position Designation E...