Actuary, Model Risk job opportunity at Genworth Financials.

Home Jobs In United States Of America Tag: Model Risk Actuary, Model Risk position at Genworth Financials


DatePosted 30+ Days Ago bot
Genworth Financials Actuary, Model Risk
Experience: 7-years
Pattern: full-time
Country:
apply Apply Now
Salary:
Status:

Model Risk

Copy Link Report
degreeAssociate
loacation Richmond, Virginia, United States Of America
loacation Richmond, Virg..........United States Of America

At Genworth, we empower families to navigate the aging journey with confidence. We are compassionate, experienced allies for those navigating care with guidance, products, and services that meet families where they are. Further, we are the spouses, children, siblings, friends, and neighbors of those that need care—and we bring those experiences with us to work in serving our millions of policyholders each day.  We apply that same compassion and empathy as we work with each other and our local communities. Genworth values all perspectives, characteristics, and experiences so that employees can bring their full, authentic selves to work to help each other and our company succeed. We celebrate our diversity and understand that being intentional about inclusion is the only way to create a sense of belonging for all associates. We also invest in the vitality of our local communities through grants from the Genworth Foundation, event sponsorships, and employee volunteerism. Our four values guide our strategy, our decisions, and our interactions: Make it human. We care about the people that make up our customers, colleagues, and communities. Make it about others. We do what's best for our customers and collaborate to drive progress.  Make it happen. We work with intention toward a common purpose and forge ways forward together.  Make it better.  We create fulfilling purpose-driven careers by learning from the world and each other.      POSITION TITLE Actuary, Model Risk LOCATION Richmond, VA or Remote (US Eastern or Central Time) This position is available to Virginia residents as Richmond, Virginia in-office applicants or remote applicants residing in states/locations under Eastern or Central Standard Time: Alabama, Arkansas, Connecticut, Delaware, Florida, Georgia, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas,  Virginia, Washington DC, Vermont, West Virginia or Wisconsin. YOUR ROLE As an Actuary and member of the Model Risk Team, you will assess and manage model risk for Genworth's US Life Insurance, CareScout Insurance, CareScout Services businesses, and Genworth’s Investment and Corporate functions. You will lead independent model validations, partner with model owners and business leaders, and help advance best-in-class model risk management practices across the enterprise. What you will be doing Lead independent model validations for actuarial, finance, investment, and data science models Validate that models are fit for purpose and functioning as expected based on their design, input data, methodology, and output Provide effective challenge on model rationale, reliability, stability, robustness, and limitations Identify model issues, confirm their resolution, and document validation findings for both technical and non-technical audiences Collaborate with model owners, developers, and business leaders to deliver independent, value-added model risk management Assess the enterprise’s inherent and residual exposure to model risk based on its business processes, and risk management strategies Contribute thought leadership and insights on modeling, model risk management, model controls, and model governance Improve the efficiency and efficacy of existing model risk management processes Share industry knowledge, best practices, and notable validation findings with the Model Risk Team What you bring Bachelor’s Degree in a quantitative discipline Fellow of Society of Actuaries (FSA) preferred or Associate of the Society of Actuaries (ASA) 5-7+ years of relevant experience within the Life, Annuity, or LTC insurance industries 3+ years of experience developing actuarial models Proficiency in SQL and programming languages such as Python, R, or SAS Knowledge of actuarial valuation, projections, experience study, and pricing models Familiarity with predictive analytics, statistical techniques, and AI/machine learning models Experience with using AI tools to improve processes and boost productivity Ability to document models, processes, and validation findings for both technical and non-technical audiences Ability to work independently, take ownership of projects, and self-study unfamiliar topics as needed     Nice to have Master’s Degree in a quantitative discipline CERA designation Model development experience with Moody’s AXIS and/or MG-ALFA Employee Benefits & Well-Being Genworth employees make a difference in people’s lives every day. We’re committed to making a difference in our employees’ lives. Competitive Compensation & Total Rewards Incentives Comprehensive Healthcare Coverage Multiple 401(k) Savings Plan Options Auto Enrollment in Employer-Directed Retirement Account Feature (100% employer-funded!) Generous Paid Time Off – Including 12 Paid Holidays, Volunteer Time Off and Paid Family Leave Disability, Life, and Long Term Care Insurance Tuition Reimbursement, Student Loan Repayment and Training & Certification Support Wellness support including gym membership reimbursement and Employee Assistance Program resources (work/life support, financial & legal management) Caregiver and Mental Health Support Services ADDITIONAL At this time, Genworth will not sponsor a new applicant for employment authorization for this position. For the State of New York: The base salary pay range for this role starts at a minimum rate of $115,900 up to the maximum of $220,200.  In addition to your base salary, you will also be eligible to participate in an incentive plan. The incentive plan is based on performance and the target earning opportunity is 20% of your base compensation.  The final determination on base pay for this position will be based on multiple factors at the time of this job posting including but not limited to geographic location, experience, and qualifications to ensure pay equity within the organization.

Other Ai Matches

remote-jobserver Remote
Associate Application Development Analyst (.Net Developer) Applicants are expected to have a solid experience in handling Job related tasks
Investments Compliance Analyst Applicants are expected to have a solid experience in handling Job related tasks
Associate Claims Clinical Specialist Applicants are expected to have a solid experience in handling Job related tasks
Accountant, General Accounting Team - CareScout Services Applicants are expected to have a solid experience in handling General Accounting Team - CareScout Services related tasks
Client Strategy Manager Applicants are expected to have a solid experience in handling Job related tasks
Actuary, Data Analysis Applicants are expected to have a solid experience in handling Data Analysis related tasks
Principal Data Engineer Applicants are expected to have a solid experience in handling Job related tasks
Investments Supplier Relationship Manager Applicants are expected to have a solid experience in handling Job related tasks
Director, Enterprise Architect – Long Term Care Insurance Industry Applicants are expected to have a solid experience in handling Enterprise Architect – Long Term Care Insurance Industry related tasks
Senior Attorney, Long Term Care Insurance Applicants are expected to have a solid experience in handling Long Term Care Insurance related tasks
Business Process Improvement Specialist Applicants are expected to have a solid experience in handling Job related tasks
Tax Compliance & Reporting Manager Applicants are expected to have a solid experience in handling Job related tasks
Actuary, Model Risk Applicants are expected to have a solid experience in handling Model Risk related tasks
Accountant, PAM Operations Applicants are expected to have a solid experience in handling PAM Operations related tasks
Director, Specialty Customer Care Teams Applicants are expected to have a solid experience in handling Specialty Customer Care Teams related tasks
Senior Pega Developer Applicants are expected to have a solid experience in handling Job related tasks
Attorney, Insurance Operations Applicants are expected to have a solid experience in handling Insurance Operations related tasks
Employee Relations Manager Applicants are expected to have a solid experience in handling Job related tasks
remote-jobserver Remote
Licensing Representative Applicants are expected to have a solid experience in handling Job related tasks
Senior Alternatives Assets Analyst Applicants are expected to have a solid experience in handling Job related tasks
remote-jobserver Remote
Senior Customer Service Representative Applicants are expected to have a solid experience in handling Job related tasks
ServiceNow Senior Developer Applicants are expected to have a solid experience in handling Job related tasks
Assistant General Counsel Applicants are expected to have a solid experience in handling Job related tasks