15 hours

VP Actuary

Houston, TX
  • Job Code
VP Actuary - Houston TX 77019 Skip Navigation

Job Details

VP Actuary
  • Job ID #: 151184
  • Functional Area: Actuarial
  • Estimated Travel Percentage (%): 0
  • Location(s): TX-Houston
  • CA-Woodland Hills
  • *Nationwide - USA
  • NY-New York
  • Employment Type: Full Time - Permanent
  • Education Preferred: Bachelors Degree (or equivalent)
  • Relocation Provided: No

Position Description:
VP Actuary, L&R Modeling Team – Head of QA- Position can be based in Houston, Tx, Woodland Hills, Ca or REMOTE

• Lead, recruit, coach and manage the testing leads / analyst teams including onshore and offshore testing team resources
• Accountable for the quality of all deliverables, workflows, and relationships for the test team
• Manage the creation, sign off & implementation of testing strategies and plans
• Interact with internal and external stakeholders providing appropriate detail level status and escalations as required during the planning and execution of the given test cycles
• Manage overall effort to ensure that all in-scope components, including asset and liability related items, and scenarios are tested, reported on, documented and results communicated
• Manage the compliance of testing procedures with regulatory guidance and with industry and actuarial accepted best practices while keeping on the forefront of proven testing methodologies
• Seek continuous process improvements and automation using firm-wide and industry proven processes and tools
• Act as an advocate for the end user/stakeholders throughout the development process
• Present team reviews and updates on team progress regularly to senior management
• Review test documentation for accuracy, coverage and completeness
• Facilitate resolution of project impacting issues
• Manage the model change process for production models
• Coordinate model validation and user acceptance testing

Position Requirements:
The Ideal Candidate Should Have

• Proven track record of Test Management in Insurance and/or Financial Markets
• Proven experience of defining and driving program level test strategies
• Bachelor’s degree in Mathematics, Actuarial Science or Related Field
• A minimum of 10 years of relevant experience in actuarial modeling, capital markets and/or asset-liability management, with proven success in various leadership roles
• FSA, CFA and/or advanced degree required
• Strong working knowledge of US life insurance and annuity product features, statutory, GAAP and market-based valuation methodologies, regulatory environment and risks
• Strong written and oral communication skills with the ability to break down complex modeling concepts and communicate them to all levels of management and team members.
• Excellent written and oral communication skills, including proven ability to write clear concise memos, and clearly document system functionality.
• Experience with implementation and validation of Economic Scenario Generators
• Prior experience with actuarial modeling software is a plus (AXIS preferred). Experience with large software development projects is a plus. Prior managerial experience of a large dispersed team is a plus.

About Us:

American International Group, Inc. (AIG) is a leading global insurance organization. Founded in 1919, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement products, and other financial services to customers in more than 80 countries and jurisdictions. These diverse offerings include products and services that help businesses and individuals protect their assets, manage risks and provide for retirement security. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.

Join our Talent Network at www.aig.com/talentnetwork.  Additional information about AIG can be found at www.aig.com and www.aig.com/strategyupdate | YouTube: www.youtube.com/aig | Twitter: @AIGinsurance | LinkedIn: http://www.linkedin.com/company/aig. These references with additional information about AIG have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Notice Text:


  • Financial Services

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Houston, TX

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