Director & Actuary - Risk Analytics Model Manager -Relocate to Richmond, VA - Baltimore

Employer
GENWORTH
Location
Parkville, MD
Posted
Jun 12, 2018
Closes
Jun 18, 2018
Hours
Full Time
POSITIONSUMMARY Genworth Enterprise Risk iscurrently seeking a Model Manager to assist in the coverage of theUSLI segment, which includes the Life, Long Term Care, Annuity andOther Runoff businesses. The Model Manager will providemodeling support to the Risk team to ensure the strategic vision ofthe organization is executed with consideration for the risksinvolved, and proactively manage liability and asset risk for theorganization. The Model Manager will be responsible forthe implementation and day-to-day administration of corporate riskanalytic models which drive many major decisions affecting the USLIbusinesses. Further, the Model Manager will ensure that risk modelsconsider company policies, risk tolerances and regulatoryrequirements for the various legal entities, contracts andagencies. The risk models should be managed within aproper risk governance framework. RESPONSIBILITIES Research and development to advance theanalytical capability of the Risk Department Owns the Corporate Risk Analytics model inAXIS Validates USLI liability stress tests andasset modeling analysis and performs additional analysis asnecessary Optimizes the management of in forcebusiness (eg Long Term Care) Provideanalytical support to various external function groups andprocesses, such as ALM, Finance and Treasury, Actuarial,Investment, Derivative Front Office, Investment Risk, Multi-YearPlanning, Economic Scenario Generators, etc. Interacts with counterparts in USLI Actuarial, USLI ALM,HQ ALM, LTC Inforce Management, and Economic Capital to ensureconsistency in modeling and assumptions Analyzes a wide variety of liability and assetrisks Provides an independent view of riskmanagement issues/concerns to ensure that they are beingappropriately evaluated, investigated and resolved REQUIREDQUALIFICATIONS Significant Axis modeling experience Experience withmanipulating complex data structures with database query language(SQL), and programming with common language such as VBA, C++,etc. Bachelor s degree in a quantitative discipline(Actuarial Science, Mathematics, Finance, Computer Science,etc.) Excellent oral and written communicationskills including the ability to communicate technicaldata FSA/near FSA or career ASA withcommensurate experience, or Chartered Financial Analyst(CFA) 5 - 7 years of relevant workexperience PREFERREDQUALIFICATIONS Asset and derivative modeling experience Understanding of cash flow testing, asset liabilitymanagement, and economic capital LTCexperience Knowledge of additional programminglanguages (eg R, Python, and SAS) Knowledge of life insurancePricing and Valuation Knowledge of CapitalRequirements, including Economic Capital and Cash Flow Testing, forLife Insurance Companies Fellow of the Societyof Actuaries (FSA) Technical ability tochallenge risk and actuarial professionals as well as the abilityto convey risk exposure and requirements to businessleadership

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