Aegon · 13 hours ago
Actuary - Model Validation
United States
Full-time
Hybrid
Senior Level
$145K/yr - $180K/yr
7+ years expAegon is seeking an Actuary for Model Validation to lead and manage model validation activities within a second line risk function. The role focuses on validating and assessing models related to market-based insurance products and may involve contributing to the development of model validation frameworks.
FinanceWellnessProperty & Casualty InsuranceHealth InsuranceAsset ManagementAuto InsuranceInsuranceLife InsuranceRetirement
No H1B
Responsibilities
Leads the validation and review of actuarial models, ensuring accuracy, compliance with regulatory standards, and alignment with risk management standards
Prepares and interprets validation findings for presentation to management and stakeholders in Model Validation Committee
Focuses on model validation of equity-based products (IUL, RILA, and VA)
Monitors and analyzes regulatory, industry, and technical developments impacting model validation and asset modeling
Provides guidance on modeling methodology, validation best practices, and risk controls
May support the creation and review of model validation documentation and related technical materials
Serves as a key resource for major validation projects and initiatives
May collaborate with or provide input to cross-functional teams, including product, risk, and actuarial groups
Qualification
Required
FSA or equivalent professional designation along with Bachelor's Degree in Actuarial Science, Mathematics, Statistics, Economics or related field and 7 years of relevant experience, In lieu of Bachelor's, will accept Master's in a listed discipline and 5 years of relevant experience. In lieu of FSA will accept ASA or equivalent professional designation and 10 years of relevant experience
Demonstrates high quality leadership, judgment, organization and prioritization skills
Effectively communicates, both verbally and in writing, advanced mathematical and analytical concepts to various audiences
Works well under pressure and within time constraints to effectively accomplish individual and team objectives
Excellent computer skills
Preferred
Strong actuarial modeling skills or experience with model validation in an insurance context
Asset knowledge relevant to insurance products; experience with IUL and RILA preferred
Actuarial credentials preferred; CFA designation considered if accompanied by insurance experience
Is able to make judgements based on imperfect or incomplete information
Programming knowledge in Python, R, or VBA is a plus
Benefits
Annual Bonus based on the Company Bonus Plan/Individual Performance
Company
Aegon
Aegon offers products and services in the life insurance, pension, retirement, and asset management fields.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
$760M2024-04-10Post Ipo Debt· $760M
1999-04-01IPO
Leadership Team
Lard Friese
Chief Executive Officer
Duncan Russell
Chief Financial Officer
Recent News
2026-01-22
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2026-01-12
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2026-01-03
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