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Ameriprise Financial Director of Actuarial Model Validation (R24_0000003767) in Minneapolis, Minnesota

Ameriprise Financial has an exciting opportunity for Director of Actuarial Model Validation to join the team! The Director, Quantitative Model Validator position will report directly to VP - Quantitative Model Validation and manages a team of quantitative model validators to test and evaluate the conceptual soundness of actuarial models and assess limitations and suitability for use. Key Responsibilities: Manage a team of quantitative model validators to test and evaluate the conceptual soundness of actuarial models and assess limitations and suitability for use. Lead and implement model validation activities, including validation, annual review, ongoing monitoring, findings management, and model use approvals. Act as a subject matter expert in the key model risk area and other related modeling areas. Required Qualifications: Bachelor's degree in Actuarial Science, Data Science, Mathematics, Financial Engineering, Economics, or another analytical field of study is required. Fellow of the Society of Actuaries (FSA), or Associate of the Society of Actuaries (ASA) with a minimum of 6 years of experience post-ASA, is required. Significant recent experience in actuarial model design, product development, implementation, testing and/or validation is required. Deepen understanding of the models, products, assumptions, and processes across different areas (Life Insurance / Annuity / Health, ALM, Hedging) Previous people leadership experience and shown ability to mentor and develop people. Confirmed ability to apply both strategic and analytic techniques to provide business solutions and recommendations. Ability to work independently with high initiative and comfortable working optimally in a collaborative team environment. Proven success in communicating sophisticated information to senior management in a compelling fashion. Strong written and verbal communication skills. Leads organizational change with varying audiences, can successfully influence partners. Preferred Qualifications: FSA Designation Experience with Life products (UL/VUL/IUL/Term/Whole Life) and Health products (LTC, CI and DI) Must possess established communication, collaboration, and organizational skills High level of accountability, quality of work ethic and proactivity About Our Company We're a diversified financial services leader with more than $1 trillion in assets under management and administration as of 2022. Our team of 20,000 people in more than 20 countries, advise and manage assets and income of more than 2 million individual, small business and institutional clients. We are a longstanding leader in financial planning and advice, a global asset manager and an insurer. Our unwavering focus on our clients and strong financial foundation connects each of our unique businesses - Ameriprise Financial, Columbia Threadneedle Investments and RiverSource Insurance and Annuities. Here, we foster meaningful careers, invest in the future, and make a difference for clients, institutions and communities around the world.

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