
Description
Pacific Life is investing in bright, agile, and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We’re actively seeking a talented Model Steward to join our CMD Modeling team. This role can be on-site, hybrid (2 or more days on-site/week), or 100% remote.
The Model Steward is a key leader within the Modeling Operations team focused on US Valuation and Production modeling platforms. This role has overall accountability for model controls and governance, integration, regression testing, and model defect resolution. You will fill new role that sits on a team of 6 people in the Consumer Markets division. You will work closely with actuarial developers, data/IT, valuation, pricing and modeling teams.
Candidates who meet most but not all of the requirements are encouraged to apply. Actual job offer and title will be based on level of experience and skillset.
How you will make an impact:
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Lead a team of modeling professionals within Model Steward team focused on governance, stewardship, automation and production model management.
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Oversee the Model development life cycle and testing of all valuation and projectionmodel implementation and conversion projects for CMD
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Responsible for oversight of first-line Model Governance standards. Ensures model updates are appropriately documented and validated before promotion to production.
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Works with business stakeholders to support appropriate UAT, model validation and acceptance of code changes from development teams.
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Manage and prioritize defect resolution and mitigation.
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Responsible for reviewing and maintaining all model documentation and working with Model Development leads and business stakeholders to secure appropriate review/UAT documentation for all changes made to models, impacts under key reporting bases and evidence of all the required approvals
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Oversee model staging and integration of production models across all use cases
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Partner with IT and functional areas to develop simple, effective, and innovative solutions to simplify modeling processes, including model review and testing processes
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Drive talent/staff development and talent strategy in terms of coaching, driving a strong culture of innovation, pride of work & execution, upskilling talent to grow skills across the modeling community
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Lead CMD Model Merge Team to drive modeling best practices and coding standards
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Collaborate with Actuarial IT to ensure data quality
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Responsible for vendor relationship management, library upgrades and system upgrades
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Recruit, train and develop talents to maintain a strong Modeling Team that can adequately support actuarial modeling needs
Requirements
The experience you will bring:
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Demonstrated leadership, communication and interpersonal skills
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Strong modeling / actuarial platform skills, including FIS knowledge, including:
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Familiarity with all components within FIS Insurance Risk Suite (i.e., PRD, DCS, PE, PP, PMCS)
- Advanced knowledge of Prophet libraries (e.g., P360, ALS, Life and Health libraries)
- Ideally existing working relationships with FIS Insurance Risk teams and individuals
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Bachelor's degree in actuarial science, mathematics, finance, engineering, computer science or another quantitative related field is preferred
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10+ years of actuarial experience, preferably with life and annuities
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FSA preferred or more experience in the relevant field;
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Demonstrated leadership skills, proven success driving execution of complex initiatives
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Exceptional organizational, quantitative, analytical, and problem-solving skills
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Excellent verbal and written communication skills
What will make you stand out:
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CERA
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Familiarity with SQL, Essbase, Python, R, MATLAB, Tableau, Neural Net models and cloud computing a plus
Want to learn more about life at Pacific Life? Take an inside look at our company culture: Instagram.com/lifeatpacificlife.
#LI-TM1 #LI-Remote
Job Information
- Job ID: 68904740
- Workplace Type: Hybrid
- Location:
California, United States
Nebraska, United States
Any US State, Other/Remote - Company Name For Job: Pacific Life
- Position Title: Director & Actuary: Model Steward
- Industry: Insurance - Life
- Job Function: FSA
- Job Type: Full-Time
- Job Duration: Indefinite
- Min Education: BA/BS/Undergraduate
- Min Experience: 7-10 Years
- Required Travel: 0-10%
- Salary: $185,000.00 - $220,000.00 (Yearly Salary)
Please refer to the company's website or job descriptions to learn more about them.
