Insurer/Director Level
AVP, Head of Model Risk Management
OnsiteMulti LineCapital Modelling & Economic CapitalRisk Management, ERM & ORSARegulatory Reporting
Role Summary
Loading...HIGHLIGHTS
Senior model risk management role based in New York within Chubb's Global Enterprise Risk Management team. Lead model governance, validation, monitoring and reporting for capital models, and manage an India-based technical validation team. Responsible for policy, model inventory, stress testing/backtesting and reporting to senior management and the Board.
JOB DESCRIPTION SUMMARY
- Lead model governance and administration of the Model Risk Committee
- Oversee validation, monitoring, stress testing and backtesting of capital models
- Maintain model inventory, risk tiering, attestation and KRIs
- Manage an India-based team of technical model validators
- Based in New York; occasional international travel required
DOMAIN EXPERTISE
- capital model development, deployment, and monitoring within insurance
- model validation and performance assessment including stress testing and backtesting
- model governance, inventory management, risk tiering and attestation
KEY REQUIREMENTS
- Minimum 5 years in capital model development, deployment and monitoring in insurance
- Bachelor's in actuarial science, statistics, mathematics, or related field
- Proficiency with SAS, SQL, Excel VBA, Power BI, R or Python and large datasets
- Experience designing model validation, monitoring, stress testing and backtesting
- Proven ability to lead technical teams and manage governance processes
TECH STACK
- Excel
- Power_BI
