Job details

AVP, Model Risk (Actuarial Assets and Liabilities)

Fortitude Re is looking for an AVP, Model Risk for their Model Risk Management team. The role involves providing technical support and guidance on model risk-related activities to support the company's risk management framework and growth.

Skills

Actuarial model design and validation
Experience with actuarial software packages
Analytical and technology skills
Strong collaboration and communication skills
Knowledge of insurance and actuarial principles

Responsibilities

Supporting the ERM Model Risk Management function
Performing independent model reviews and validation
Developing formal testing and validation plans
Monitoring model issue remediation
Ensuring compliance with model risk policies and standards
Advising on regulatory compliance
Developing model risk reporting

Education

Bachelor’s or advanced degree in Actuarial Science, Data Science, Mathematics, Financial Engineering, Economics, or related field
FSA or ASA certification