AVP Model Development
Athene · West Des Moines, IA · 1 wk ago
Business DevelopmentFull-time
Purpose
The AVP of Model Development will lead the review, development, and implementation of model changes to Athene's corporate actuarial model, supporting a broad range of financial and strategic reporting needs including ALM modeling, GAAP and Statutory reporting, forecasting, risk metrics, CFT/EBS, and capital modeling.
Accountabilities
- Model Development & Implementation
- Serve as key resource in developing, testing, and reviewing ALM modeling, supporting PBR reporting, Cashflow Testing, EBS.
- May review, design, and implementation of model changes to the corporate actuarial model supporting GAAP and Statutory financial reporting, forecasting, risk metrics, CFT/EBS, and capital modeling.
- Design and test robust ALM modeling capabilities across various modeling applications, including May support building asset projection model.
- Translate business, regulatory, and reporting requirements into model enhancements, ensuring changes are well-documented, tested, and implemented with appropriate controls.
- Analysis & Insight
- Perform detailed actuarial analysis to investigate model behavior, validate results, and support management decision-making.
- Develop and maintain analytical frameworks to assess the impact of model changes on financial reporting, capital, and risk metrics.
- Investigate and explain material model-driven variances in financial results, providing clear and actionable insight to stakeholders.
- Support sensitivity testing and scenario analysis across key actuarial assumptions and market conditions.
- Cross-Functional Partnership
- Collaborate with Financial Reporting, FP&A, Risk, Capital, and Investment teams to understand downstream modeling needs and ensure the corporate model supports their requirements.
- Engage with valuation and assumption-setting teams to ensure model changes reflect current methodology and assumptions.
- Communicate model development status, issues, and priorities clearly to senior actuarial leadership.
- Led Leadership & Talent Development
- May manage a team of analysts and actuarial staff, providing mentorship, technical guidance, and career development support.
- Serve as a technical leader and subject matter expert within the actuarial organization, contributing to a culture of rigor, collaboration, and continuous improvement.
- Support knowledge transfer and documentation to build organizational resilience and modeling expertise across the team.
Qualifications and Experience
- Bachelor's degree (or equivalent professional experience), with 7+ years of actuarial experience including direct involvement in actuarial model development, valuation, or financial reporting, and demonstrated leadership experience.
- ASA required; FSA (or equivalent: FCIA, FIA) preferred.
- Strong technical proficiency in actuarial modeling; experience with MG-ALFA, Aon PathWise, and/or Python preferred.
- Deep familiarity with GAAP and Statutory valuation frameworks; working knowledge of CFT, EBS, and capital modeling a plus.
- Experience with ALM or liability modeling preferred.
- Experience with Asset modeling a plus.
- Proven ability to manage multiple competing priorities and deliver high-quality work under tight deadlines.
- Strong analytical and problem-solving skills, with a track record of translating complex modeling findings into clear insights for stakeholders.
- Effective communicator with experience engaging cross-functional partners across actuarial, finance, and risk functions.
- Demonstrated leadership and collaboration skills; people management experience a plus.