Job Description:
• Support the identification, assessment, and management of model risk across the organization
• Ensure that models and assumptions used for pricing, reserving, capital, and risk management are appropriately governed, documented, challenged, approved, monitored, and reviewed
• Maintain and administer the company’s model governance and assumption governance frameworks in alignment with regulatory requirements and industry best practices
• Identify, assess, monitor and report on model risk within the company’s enterprise risk management framework
• Perform independent validations of actuarial and financial models
• Lead the annual review of model risk rating classifications
• Collaborate with actuarial, finance, underwriting, and risk teams to embed model risk awareness
Requirements:
• FSA or equivalent along with bachelor’s degree in Actuarial Science, Mathematics, Statistics, Economics or related field
• 5 years of relevant experience
• Strong understanding of stochastic modeling, financial reporting, and regulatory frameworks (e.g., US GAAP, Bermuda EBS)
• Proficiency in actuarial software and data analytics tools
• Excellent communication and influencing skills
• Ability to challenge constructively and manage cross-functional relationships
• Advanced Microsoft Office skills (Excel, Word, PowerPoint)
• High degree of attention to detail and excellent problem-solving skills
Benefits:
• Health insurance
• Retirement plans
• Professional development opportunities