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Ameriprise Financial Senior Manager of Actuarial Model Validation in Minneapolis, Minnesota

"Ameriprise Financial has an exciting opportunity for a Senior Manager of Actuarial Model Validation to join the team! This position will be responsible for leading and implementing model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals.Key Responsibilities:The Senior Manager of Actuarial Model Validation will report directly to the Director of Actuarial Model Validation and conduct model actuarial model validation activities which include the following: test and evaluate the conceptual soundness of actuarial models, assess limitations and suitability for use etc.Required Qualifications:Master's degree in actuarial science, Data Science, Mathematics, Financial Engineering, Economics, or another analytical field of study is required, or equivalent experience.Fellow of the Society of Actuaries (FSA), or Associate of the Society of Actuaries (ASA) with a minimum of 4 years of experience post-ASA, is required.Significant recent experience in actuarial model design, product development, implementation, testing and/or validation is required.Deep understanding of the models, products, assumptions, and processes across different areas (Life Insurance / Annuity / Health, Inforce / New Business, ALM, Hedging)Microsoft Office (e.g. Excel, Word, and PowerPoint),Actuarial modeling software (e.g. Prophet, AXIS, or ALFA, etc.)Ability to work independently with high initiative and comfortable working optimally in a collaborative team environment.Proven success in communicating sophisticated information to senior management in a compelling fashion.Strong written and verbal communication skills.Preferred Qualifications:FSA DesignationPhD in science, math, statistics, or related areaExperience with Variable Annuities with enhanced Guarantees (GMxB's), Structured Annuities / RILA and/or Universal/Variable/Indexed Life InsuranceProgramming / database languages (e.g. Python, C++, VBA, SQL, R, or SAS)Must possess established communication, collaboration, and organizational skillsHigh level of accountability, quality of work ethic and proactivityAbout Our CompanyWe're a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.Base Pay SalaryNew York Residents Only: The estimated base salary for this role is $135,400 - $182,700 / year. Base salaries are determined in part based on job-related knowledge, skills, experience, and geographical work location. In addition, most of our roles are eligible for variable pay in the form of bonus, commissions, and/or long-term incentives depending on the role. We also have a competitive and comprehensive benefits program that support all aspects of your health and well-being.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.Full-Time/Part-TimeFull timeExempt/Non-ExemptExemptJob Family GroupBusiness Support & OperationsLine of BusinessFIN Finance https://www.eeoc.gov/eeo-policy-statement

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