The Marketplace for Financial Risk and Regulatory/Compliance Jobs

FEATURED JOBS

Popular Searches

RESOURCES
Advanced Job Search

AVP Risk Modeling Job Details

<< Back

Vacancy has expired

Show me jobs like this one

AVP Risk Modeling (Ref: OMFN0609)
Sector, Sub Sector: Asset Management , Insurance
Risk Type: Credit
Expertise: Risk Manager
Company: Old Mutual Financial Network
Location: Baltimore , Maryland , 21202 , Americas, United States
Employment Type: Permanent
Job Description:

Old Mutual's life insurance and annuity subsidiaries are represented in the U.S. by OM Financial Life Insurance Company and OM Financial Life Insurance Company of New York. Working through its network of established insurance companies, Old Mutual U.S. Life is headquartered in Baltimore, MD. The companies that comprise Old Mutual's U.S. Life business deliver a diverse portfolio of annuities and life insurance products via an established group of master general agents. Products are distributed in all states and the District of Columbia. Old Mutual U.S. Life has nearly one million policyholders nationwide.

We are currently seeking an AVP Risk Modeling located in Baltimore, MD. This dynamic position will take you into a highly collaborative environment, interacting with and influencing colleagues and senior leaders.  The Assistant Vice President -Risk Modeling will work in conjunction within the Old Mutual US Life group management as a specialist primarily tasked with responsibility for providing effective partnership and oversight of line management's measurement and management of market, financial and credit risk of the US Life group. 

Primary responsibilites include:

  • Analyze in detail, products and programs
  • Obtain and review reports and communications from business units
  • Prepare and/or interact with internal risk reporting, economic capital, risk appetite and other related risk calculations.
  • Lead and coordinate the efforts of the Risk Modeling section
  • The Assistant Vice President -Risk Modeling will also take the lead in researching new developments relating to market risk, credit risk, and asset/liability matching (ALM) while also consulting with other risk management generalists regarding more quantitative risk management practices within our asset management boutiques.
  • Design, implement and manage risk processes that provide an early warning of events or conditions that may impair the performance of the business, for example: complex hedging/investment strategies, asset liability matching techniques, risk committee reviews, in-force reviews, and new product assessment.
  • Design and monitor risk metrics that warn of emerging financial or operational threats, for example: actual to expected longevity / mortality / persistency analytics, cause of death analyses, product pricing case studies and risk management consulting regarding complex investment products sold to clients
  • Lead cross-functional mitigation efforts for identified risks or unfavorable trends- develop risk mitigation strategies
  • Resolve or assist in resolving ad hoc Risk Management issues such as reinsurance retention levels, catastrophic reinsurance purchases, the threats posed by life settlement practices, pandemics, etc. as they are identified

 
Job Ref No: OMFN0609