Model Development Lead; HYBRID

Primary Location

UNITED STATES-NC-Charlotte

UNITED STATES-NY-New York, UNITED STATES-NY-Syracuse

Equitable

Full-time

About the Role

At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives - a mission we’ve honed since 1859.

Equitable is looking for a Model Development Lead to support the timely and controlled development of the Life cash flow projection models. This role will be reporting into the Head of Life Modeling.

• Partner closely with Valuation, Assumptions, Accounting Policy, Pricing and Risk Management teams in the development of sustainable Life projection models, compliant with emerging accounting and regulatory frameworks
• Implement processes, infrastructure and controls to ensure accurate and timely delivery of Life projection models and results
• Examples of model development work include, but are not limited to:
• US GAAP including LDTI
• Life Statutory (including P ) and Capital
• Economic Valuation and Economic Capital
• Implementing, quantifying and reviewing assumption and model updates
• Finance Modernization initiatives to improve processes, controls, and analytics
• Ensure compliance with company model architecture standards and change management governance processes

This position offers a hybrid work schedule, with an on–site presence of 2–3 days per week combining flexibility with team collaboration.

The base salary range for this position is $125,000 - $155,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.

Equitable

Pay and Benefits:

Equitable Total Rewards Program

Required Qualifications:

• Bachelor’s degree in Mathematics, Statistics and/or Actuarial Science
• ASA Designation
• 10+ years of professional work experience in actuarial or related analytical roles
• 5+ years of experience building and improving actuarial models (Moody’s AXIS preferred)
• Understand the core rationale for use of life products and understanding of profitability patterns
• Ability to interpret results, identify drivers of impacts, and problem solve solutions

Preferred Qualifications:

• FSA Designation
• Results oriented, accountable for performance and motivated to take ownership of projects
• Capacity and eagerness to challenge and influence in a highly collaborative way

Skills

• Accuracy and Attention to Detail: Understanding the necessity and value of accuracy; ability to complete tasks with high levels of precision.
• Communicating Complex Concepts: Knowledge of effective presentation tools and techniques to ensure clear understanding; ability to use summarization and simplification techniques to explain complex technical concepts in simple, clear language appropriate to the audience.
• Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations.
• Statistics and Actuarial Modeling: Knowledge of statistical and actuarial modeling tools and techniques; ability to apply modeling processes and techniques to facilitate risk management decisions.
• Adapts and Learns - Actively learning and adapting through experimentation when tackling new problems and situations, using both successes and failures to develop and learn

About Equitable

At Equitable, we’re a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives.

We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force…