Resolution Life is seeking a Model Risk Senior Actuarial Associate to join their dynamic risk team in West Chester, PA. The role involves supporting the identification, management, and mitigation of risks associated with the use and business dependency of models across the Company.
About the Role
As a Model Risk Senior Actuarial Associate, you will advance the Company’s model risk management framework through sound change management, governance, validation, documentation, and inventory oversight. You will partner with key stakeholders to foster a model risk aware culture, develop infrastructure for model risk framework execution, ensure compliance with internal and regulatory standards, and actively manage a model inventory that reflects the company’s models and current risk profile.
About You
Required:
Bachelor’s degree in a quantitative field (e.g., Actuarial Science, Mathematics, Statistics, Finance, or Engineering)
A minimum of 3+ years of actuarial experience, ideally in the Life Insurance sector
Experience running and validating models
A minimum Actuarial Credential of an Associateship of the Society of Actuaries (ASA)
Superior oral and written communication skills
Strong organizational skills, detail-oriented and able to work independently
Preferred:
Familiarity with model life cycle management
Proficient knowledge of model risk frameworks and regulatory guidelines
Thorough understanding of insurance products and processes, reserves, assets, liabilities, and financial statements
Strong excel skills and solid technical experience
Ability to work collaboratively and effectively
Benefits
Competitive benefits, professional growth, and exam support
Health & wellness program, incentive and recognition programs, and 401k contribution
Resolution Life
Resolution Life is a global life insurance group focusing on reinsurance and the acquisition and management of portfolios of in-force life insurance policies.
Company Size: 1001-5000 employeesFinancial Services