Role Summary

The Model Validation Actuary will report directly to the Head of Modeling COE and will be responsible for the independent review, validation, and oversight of actuarial models across the enterprise. The role plays a critical part in ensuring the integrity, accuracy, and appropriateness of modeling frameworks used in financial reporting, risk management, capital management, and business planning. The successful candidates will collaborate closely with modeling teams, risk management, and senior leadership to uphold robust model governance and validation standards across all lines of business.

This position currently offers an onsite work schedule, with the expectation that you are in the office four (4) days per week during onsite core days. Our current onsite core days are Monday, Tuesday, Wednesday, and Thursday. The work schedule type and core days are subject to change with advance notification and manager discretion.

Essential Duties and Responsibilities

• Lead and execute model validation initiatives, including review of assumptions, methodologies, controls, and outputs across actuarial models.
• Provide independent challenge to models used in ALM, Asset Adequacy Testing, ORSA, Capital Forecasting, VNB, and other financial projections.
• Develop and maintain validation frameworks, testing procedures, and documentation standards in line with internal model governance policies and regulatory expectations.
• Analyze and interpret complex model results, documenting validation findings and communicating key risks and recommendations to senior leadership.
• Collaborate with modeling teams to address model issues, discrepancies, and enhancements identified during the validation process.
• Monitor and assess model changes over time, ensuring continued appropriateness and performance of validated models.
• Support governance forums and contribute to reporting for model risk committees and other key stakeholders.

Minimum Qualifications

• 5+ years of experience in actuarial modeling, model validation or related actuarial model governance roles, preferably within a life insurance or reinsurance company.
• Strong understanding of actuarial modeling platforms, risk frameworks, and financial reporting concepts.
• Familiarity with a wide range of actuarial models, including liability projections, asset modeling, economic scenario generators, and capital models.
• Experience presenting findings and influencing senior stakeholders in actuarial, risk, finance, or audit functions.
• Proven ability to assess modeling assumptions, methodologies, and controls for appropriateness and reliability.
• Fellow or Associate of the Society of Actuaries (FSA or ASA).

Preferred Qualifications

• Experience with model risk management frameworks such as SR 11-7 equivalent is a plus.

Benefits

• Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!