Actuary - Model Validation

  • Company: MetLife
  • Location: Wilmington, Delaware
  • Posted: April 05, 2017
  • Reference ID: 52245-en_US

Job Location: United States : Delaware : Wilmington  



As part of Corporate Risk Management, the Actuary of Risk Management Model Validation will be responsible for supporting the Director within the Model Validation Team with performing model validation and writing validation reports.  The Actuary will report to the Actuarial Model Validation Director.



  • Perform independent validation of MetLife’s models to effectively challenge the models.
  • Evaluate appropriateness of assumptions, data sources and reliability of inputs.
  • Test model output through building of challenger models, back testing, sensitivity analysis or stress testing as applicable.
  • Assist in writing and reviewing validation reports illustrating the relevant results of theoretical review and testing, calling attention to areas of concern, and/or uncertainty.
  • Monitor findings, recommendations and management action plans resulting from validation reports, ensuring actions taken appropriately address concerns.
  • Review and challenge annual model risk assessments.
  • Prepare metrics reporting as necessary.


  • Bachelor's degree in mathematics, statistics, actuarial science, finance, investment and securities and investment management.
  • 5+ years’ experience working in the financial services/insurance industry.
  • ASA/FSA, FSA preferred.
  • Knowledge of insurance products and investments including derivatives.
  • Knowledge of risk management & ALM
  • Excellent verbal and written communication skills.
  • Ability to work on multiple projects.
  • Good interpersonal skills.
  • Strong analytical skills of complex models and products


Global Risk Management




At MetLife, we’re leading the global transformation of an industry we’ve long defined. United in purpose, diverse in perspective, we’re dedicated to making a difference in the lives of our customers.



MetLife is a proud equal opportunity/affirmative action employer committed to attracting, retaining, and maximizing the performance of a diverse and inclusive workforce. It is MetLife's policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.

MetLife maintains a drug-free workplace.

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Requisition #: 52245 

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