Director of Actuarial Model Validation

Ameriprise Financial has an exciting opportunity for Director of Actuarial Model Validation to join the team! The Director of Actuarial Model Validation will report directly to VP – Quantitative Model Validation and manages a team of quantitative model validators to test and evaluate the conceptual soundness of actuarial models and assess limitations and suitability for use.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) with a minimum of 7 years of actuarial experience required.Significant recent experience in actuarial model design, product development, implementation, testing and / or validation is required.Deepen understanding of the models, products, assumptions, and processes across different areas (Life Insurance / Annuity / Health, ALM, Hedging)Previous people leadership experience and shown ability to mentor and develop people.Confirmed ability to apply both strategic and analytic techniques to provide business solutions and recommendations.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.Leads organizational change with varying audiences, can successfully influence partners.Preferred Qualifications : Experience with Life products (UL / VUL / IUL / Term / Whole Life) and Health products (LTC, CI and DI)Must possess established communication, collaboration, and organizational skillsHigh level of accountability, quality of work ethic and proactivityAbout Our CompanyWe’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.Base Pay SalaryNew York Residents Only : The estimated base salary for this role is $165,800 - $223,800 / year. Base salaries are determined in part based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and / or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that support all aspects of your health and well-being.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-TimeFull timeExempt / Non-ExemptExemptJob Family GroupBusiness Support & OperationsLine of Business  FIN FinanceSummaryLocation : Charlotte, North Carolina; Minneapolis, Minnesota; New York, New York; Boston, MassachusettsType : Full time

Salary : $165,800 - $223,800