Model Development Lead (HYBRID)

EQH • Charlotte, NC

1d • $125,000 - $155,000 • Hybrid

About The Position

At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives - a mission we’ve honed since 1859. Equitable is looking for a Model Development Lead to support the timely and controlled development of the Life cash flow projection models. This role will be reporting into the Head of Life Modeling.

Requirements

• Bachelor’s degree in Mathematics, Statistics and/or Actuarial Science
• ASA Designation
• 10+ years of professional work experience in actuarial or related analytical roles
• 5+ years of experience building and improving actuarial models (Moody’s AXIS preferred)
• Understand the core rationale for use of life products and understanding of profitability patterns
• Ability to interpret results, identify drivers of impacts, and problem solve solutions
• Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
• Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
• Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
• Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
• Adapts and Learns - Actively learning and adapting through experimentation when tackling new problems and situations, using both successes and failures to develop and learn

Nice To Haves

• FSA Designation
• Results oriented, accountable for performance and motivated to take ownership of projects
• Capacity and eagerness to challenge and influence in a highly collaborative way

Responsibilities

• Partner closely with Valuation, Assumptions, Accounting Policy, Pricing and Risk Management teams in the development of sustainable Life projection models, compliant with emerging accounting and regulatory frameworks
• Implement processes, infrastructure and controls to ensure accurate and timely delivery of Life projection models and results
• Examples of model development work include, but are not limited to: US GAAP including LDTI Life Statutory (including PBR) and Capital Economic Valuation and Economic Capital
• Implementing, quantifying and reviewing assumption and model updates
• Finance Modernization initiatives to improve processes, controls, and analytics
• Ensure compliance with company model architecture standards and change management governance processes
• This position offers a hybrid work schedule, with an on–site presence of 2–3 days per week combining flexibility with team collaboration.

Benefits

• Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities.
• For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level