Finance/Credit Model Risk Manager
AffirmSalary not specified
Full Time
Senior (5 to 8 years), Expert & Leadership (9+ years)
Actuary / Model Risk Manager at American Financial Group
West Chester, Pennsylvania, United States
$175,000 – $195,000Compensation
Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, InsuranceIndustries
Requirements
- Actuarial Credentials: Required (FSA highly preferred, ASA actively pursuing FSA considered)
- Bachelor’s degree in Actuarial Science, Mathematics, Finance, or a related field
- 5+ years of model risk management experience in financial services
- Strong understanding of model risk frameworks and validation processes
- Excellent communication, problem-solving, and organizational skills
Responsibilities
- Oversee model risk governance and subcommittee operations
- Partner with actuarial, finance, and investment teams to promote model risk awareness
- Develop risk management infrastructure, including documentation and best practices
- Validate models, assess risk ratings, and address audit requests
- Maintain compliance with internal policies and regulatory standards
- Continuously monitor and enhance model risk frameworks
Skills
Key technologies and capabilities for this role
Questions & Answers
Common questions about this position
What is the salary for the Actuary / Model Risk Manager position?
The base salary is $175,000 - $195,000 plus an annual bonus.
Is this role remote or hybrid, and what are the office requirements?
This is a hybrid position requiring 1-2 days per week in the West Chester, PA office.
What skills and qualifications are required for this role?
Required qualifications include actuarial credentials (FSA highly preferred, ASA pursuing FSA considered), a Bachelor’s degree in Actuarial Science, Mathematics, Finance or related field, 5+ years of model risk management experience, strong understanding of model risk frameworks and validation, and excellent communication, problem-solving, and organizational skills.
What is the company culture like for this position?
The office environment features a collaborative and dynamic risk team that works cross-functionally with actuarial, finance, and investment teams, with a focus on fostering a risk-aware culture.
What makes a strong candidate for this Actuary / Model Risk Manager role?
Strong candidates will have FSA credentials (or ASA actively pursuing FSA), 5+ years of model risk management experience in financial services, and demonstrated skills in model risk frameworks, validation, communication, problem-solving, and organization.
American Financial Group
About American Financial Group
N/AHeadquarters
N/AYear Founded
N/ACompany Stage
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