Resolution Life · 4 hours ago
Model Risk Senior Actuarial Associate
West Chester, PA
Full-time
Hybrid
Mid, Senior Level
$115K/yr - $140K/yr
3+ years expResolution Life is seeking a highly skilled and motivated aspiring Actuary to join their dynamic risk team as a Senior Actuarial Associate. The role involves supporting the identification, management, and mitigation of risks associated with models while advancing the company’s model risk management framework through effective governance and compliance.
Financial ServicesInsuranceLife Insurance
Responsibilities
Partner with key stakeholders from the actuarial, finance, tax, treasury, growth and investment areas to foster a model risk aware culture across the company
Develop the infrastructure that properly enables execution of the model risk framework including templates, one-pagers, educational sessions, and process enhancements
Promptly support requests from internal and external auditors
Ensure model documentation from model owners is current and compliant with internal and regulatory standards
Ensure completion and adequacy of model validations in accordance with the models’ risk ratings
Support secretarial duties of the model subcommittee
Survey the business for new models or significant model changes and integrate within the framework as appropriate
Challenge models on their accuracy, reliability, and performance through model validation
Develop challenger models or benchmarks where appropriate to test material assumptions and outputs
Demonstrate and support Company compliance with regulatory standards
Strengthen consistency in model-related processes throughout the company by collaborating with those supporting the Bermuda and UK operations, respectively
Leverage the Company’s Governance, Risk and Compliance (“GRC”) tool capabilities for controls, findings, remediation plans and inventory purposes working closely with model owners and members of the operational risk management team
Support current and new model owners to foster awareness of the key requirements of the model risk framework including risk rating, inventory update, change management, documentation and model validation
Actively manage a model inventory that comprehensively and accurately reflects the company’s models and current risk profile
Maintain model risk policy and supporting standards ensuring compliance and attesting to model risk management at the Company
Monitor emerging trends and regulatory changes
Qualification
Required
Bachelor's degree in a quantitative field (e.g., Actuarial Science, Mathematics, Statistics, Finance, or Engineering)
A minimum 3+ years of actuarial experience, ideally Life Insurance sector
Experience running and validating models
A minimum Actuarial Credential of an Associateship of the Society of Actuaries (ASA)
Superior oral and written communication skills
Excellent time management skills to prioritize timelines
Strong excel skills and solid technical experience
Strong organizational skills, detail-oriented and able to work independently
Ability to work collaboratively and effectively
Advanced problem-solving skills and attention to detail
Willingness to learn and able to work effectively as part of a team
Preferred
Familiarity with model life cycle management
Proficient knowledge of model risk frameworks and regulatory guidelines is a plus
Has thorough understanding of insurance products and processes, reserves, assets, liabilities, and financial statements, preferred
Benefits
Health & wellness program
Incentive and recognition programs
401k contribution
Company
Resolution Life
Resolution Life is a global life insurance group focusing on the acquisition and management of portfolios of life insurance policies. It is a sub-organization of Resolution Life.
1001-5000 employees
H1B Sponsorship
Resolution Life has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (16)
2024 (12)
2023 (10)
2022 (9)
2021 (3)
Funding
Current Stage
Late StageTotal Funding
$3BKey Investors
Nippon Life Insurance Company of JapanBlackstone Group
2025-11-20Debt Financing· $750M
2025-07-03Debt Financing· $750M
2024-12-10Acquired
Leadership Team
Bill Bainbridge, FSA, CERA
Chief Operating Officer
Michael Hanrahan
Vice President Finance, Chief Accounting Officer (Retired)
Recent News
globallegalchronicle.com
2025-11-25
MarketScreener
2025-09-30
Company data provided by crunchbase