Location: Remote
Work Type: Full Time Regular
Job No: 502981
Categories: Actuarial
Application Closes: Open Until Filled
Please note that the Actuarial Analyst role is not part of Mutual of Omaha's Actuarial Student Program, and we cannot offer actuarial exam support to candidates who are currently working towards their ASA or FSA.
Model Governance Lead: we are seeking a collaborative and action-oriented leader to drive the tactical execution and strategic evolution of our Model Governance framework. As a member of our centralized Model Development team, this lead role will interface with all business partner and stakeholder teams to streamline processes, maximize effectiveness, and optimize controls surrounding the actuarial model development life cycle. The ideal candidate will balance collaborative consensus building with a results-driven approach to enhance our Model Governance framework for the future.
WHAT WE CAN OFFER YOU:
- Estimated Salary: Minimum: $84,500 - $115,000 plus annual bonus opportunity.
- Remote opportunity.
- Benefits and Perks, 401(k) plan with a 2% company contribution and 6% company match.
- Regular associates working 40 hours a week can earn up to 15 days of vacation each year.
- Regular associates receive 11 paid holidays in 2024, which includes 2 floating holidays that are added to your prorated personal time to be used at your discretion.
- Regular associates are provided sick leave through the use of personal time. Associates working 40 hours a week can receive up to 40 hours of personal time in 2024, which is prorated based on the start date. Additionally you will receive two floating holidays in 2024 by way of personal time that may be used at your discretion.
- Applicants for this position must not now, nor at any point in the future, require sponsorship for employment.
WHAT YOU'LL DO:
- Oversee and facilitate execution of the Model Governance framework and the Model Change Management process with a value-based mentality to balance efficiency, productivity, and risk.
- Responsible for execution, quality assurance, and enhancement opportunities surrounding model risk and control activities – including but not limited model change management, user access, and error handling.
- Partner with Assurance and Risk teams to optimize processes, risks, and controls surrounding the interactions between Model Governance, Model Risk Management, and Assumption Governance.
- Establish and maintain standards around Model Governance documentation, including training and onboarding for those interacting with the Model Governance framework.
- Stay current with industry governance approaches and evolving regulatory and accounting changes (e.g, PBR, LDTI) to ensure Model Governance strategy meets emerging needs.
WHAT YOU’LL BRING:
- Strong understanding of current and evolving industry practices, including governance standards and guidelines.
- Proven track record of success in management of actuarial, governance, or related processes and programs across various teams, stakeholders, and business partners
- Influential leadership skills, including strengths in communicating vision, building trust, and securing buy-in from stakeholders.
- Strong collaboration and interpersonal skills demonstrated through a team-oriented mindset.
- An unwillingness to accept the status quo, with a natural drive for process improvement and operational excellence through innovative and out-of-the-box thinking.
- You promote a culture of diversity and inclusion, value different ideas and opinions, and listen courageously, remaining curious in all that you do.
- Ability to work remotely with access to a high-speed internet connection and located in the United States or Puerto Rico.
We value diverse experience, skills, and passion for innovation. If your experience aligns with the listed requirements, please apply!
If you have questions about your application or the hiring process, email our Talent Acquisition area at careers@mutualofomaha.com. Please allow at least one week from time of applying if you are checking on the status.
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