22 days old
2018-01-302018-03-01

Senior Associate Actuary - Risk Management Model Validation

MetLife
Bridgewater, NJ
**Job Location:** United States : New Jersey : Bridgewater **Alternate Job Location :** United States : New York : New York







**Role Value Proposition:**







As part of Corporate Risk Management, the Senior Associate Actuary will be responsible for supporting the Director within the Model Validation Team with performing model validation and writing validation reports. The Actuary will report to the Actuarial Model Validation Director.







**Key Responsibilities:**







+ Perform independent validation of MetLifes models to effectively challenge the models.



+ Evaluate appropriateness of assumptions, data sources, and reliability of inputs.



+ Test model output through building of challenger models, back testing, sensitivity analysis, or stress testing as applicable.



+ Assist in writing and reviewing validation reports illustrating the relevant results of theoretical review and testing, calling attention to areas of concern, and/or uncertainty.



+ Monitor findings, recommendations and management action plans resulting from validation reports, ensuring actions taken appropriately address concerns.



+ Review and challenge annual model risk assessments.



+ Prepare metrics reporting as necessary.







**Essential Business Experience and Technical Skills:**







Required:







+ Bachelor's degree in mathematics, statistics, actuarial science, finance, investment and securities and investment management.



+ 5+ years experience working in the financial services/insurance industry.



+ ASA/FSA, FSA preferred.



+ Excellent verbal and written communication skills.







Preferred:







+ Knowledge of insurance products and investments including derivatives.



+ Knowledge of risk management.



+ Ability to work on multiple projects.



+ Good interpersonal skills.



+ Strong analytical skills of complex models and products.







**Business Category**







Global Risk Management







**Number of Openings**







1







**At MetLife, were leading the global transformation of an industry weve long defined. United in purpose, diverse in perspective, were dedicated to making a difference in the lives of our customers.**







MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.







MetLife maintains a drug-free workplace.







**For immediate consideration, click the Apply Now button. You will be directed to complete an on-line profile. Upon completion, you will receive an automated confirmation email verifying you have successfully applied to the job.**







Requisition #: 94328

Categories

  • Financial Services
  • Insurance
  • Legal

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Senior Associate Actuary - Risk Management Model Validation

MetLife
Bridgewater, NJ

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Senior Associate Actuary - Risk Management Model Validation

MetLife
Bridgewater, NJ
US

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