Director of Actuary

Sorry, this job was removed at 9:41 p.m. (CST) on Tuesday, May 31, 2022
Find out who's hiring in Minneapolis, MN.
See all Finance jobs in Minneapolis, MN
Apply
By clicking Apply Now you agree to share your profile information with the hiring company.

Job Description

This role will provide critical support to the supervision and development of risk mitigation solutions involving Insurance & Annuity businesses through the use of actuarial risk models. Lead complex projects and develop innovative solutions related to the advancement of asset & liability models & modeling techniques. Collaborate with Capital Markets Solutions & Treasury departments to analyze capital/liquidity impacts of hedge strategy modifications and hedge modeling enhancements. Investigate, manage, prepare, perform and communicate results of actuarial, financial, and risk analyses to peers and upper management.

If you are not located close to a physical office, remote work is considered for qualified candidates.

Responsibilities

  • Provide technical analysis and support by developing, enhancing, and testing a variety of complex actuarial models. Applying business insight and thought leadership in the design of efficient modeling solutions. Technical expert for area of responsibility.
  • Lead the analysis of innovative solutions for management of financial risk for new and existing products in an evolving regulatory environment. Lead projects and serve as subject matter expert on actuarial and cross-functional projects, with a high degree of focus on hedge modeling.
  • Support ongoing risk reporting; communicate results of actuarial, financial, and risk analysis to peers and upper management.
  • Review technical work done by other members of team or business partners.
  • Provide direct and/or indirect people leadership to actuarial staff.
  • Assist with project planning within area and determine resource needs.
  • Participate in professional development to maintain actuarial credentials.



Required Qualifications

  • Bachelors degree with focus on Actuarial Science, Mathematics, Statistics, Data Science or related disciplines
  • FSA/MAAA Required; 7+ years of actuarial experience
  • Strong written and verbal communication skills; strong relationship and communication skills in working with colleagues; ability to build collaborative relationships across the organization
  • Ability to influence customers on recommendations and results analysis
  • Strong analytical, quantitative and problem-solving skills
  • Strong technical skill set (Excel, VBA, actuarial modeling software)
  • Strong understanding of insurance & annuity liabilities and financial modeling concepts



Preferred Qualifications

  • Prophet/Prophet Enterprise experience
  • Previous experience with modeling & fixed income and derivative assets and Asset/Liability analysis
  • Previous experience with ERM/ALM/Market risk management



About Our Company

At Ameriprise Financial, we're not just in the business of helping clients with their financial goals - we also help our advisors and employees reach their true potential by embracing an inclusive and collaborative culture. We celebrate the unique qualities and reward the contributions of our talented, passionate employees. If you're motivated and want to work for a strong, ethical company that cares about you and your community, take the next step with Ameriprise Financial.

Ameriprise Financial is an equal opportunity employer. We consider all qualified applicants without regard to race, color, religion, sex, national origin, genetic information, age, sexual orientation, citizenship, gender identity, disability, veteran status, marital status, family status or any other basis prohibited by law.

More Information on Ameriprise Financial Services, LLC
Ameriprise Financial Services, LLC operates in the Fintech industry. The company is located in Minneapolis, MN. Ameriprise Financial Services, LLC was founded in 1894. It has 16649 total employees. It offers perks and benefits such as Flexible Spending Account (FSA), Disability insurance, Dental insurance, Vision insurance, Health insurance and Life insurance. To see all 28 open jobs at Ameriprise Financial Services, LLC, click here.
Read Full Job Description
Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.

Similar Jobs

Apply Now
By clicking Apply Now you agree to share your profile information with the hiring company.
Learn more about Ameriprise Financial Services, LLCFind similar jobs