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Equitable

Equitable

Economic Scenario Generation Actuary - 100% Remote Eligible

Economic Scenario Generation Actuary - 100% Remote Eligible

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Job Details
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Uploaded On
August 30, 2024
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Location
UNITED STATES-NC-Charlotte
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Remote?
Yes
Company Overview
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Headquarters
New York, NY
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Number of Employees
8200
Estimated Number of Actuaries
111
Salary
$
105
k-$
141
k
Glassdoor Ratings
""
Recommend to a Friend
59%
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Overall Score
3.6 / 5

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At Equitable, our power is in our people.

We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

The Economic Scenario Generation Actuary will be a key part of the EEM (Equitable Economic Model) Specialty Team and will report to the Head of Economic Valuation and Reporting. They own the scenario generation process, particularly as relates to the use of the Moody’s Economic Scenario Generator, meeting customer needs across GAAP, STAT and EEM Valuation and the commercial business units. They are responsible for timely and accurate production of economic scenarios and user support, ongoing model development and process improvement on the scenario generator and its downstream tools. They will manage one off-shore team member.

A successful candidate must be skilled at working in a matrixed organization, delivering high-quality work product, learning complex concepts “on the fly” and will develop skills in project and people management.

Key Responsibilities include, but are not limited to:

  • Provide timely and well-controlled economic scenario sets to all stakeholders including actuarial valuation teams and business units, establishing thorough subject-matter expertise over both the production cycle and the theoretical foundation of the scenario generators.
  • Drive ongoing modernization of development of scenario generation tools/processes and analysis of alternative scenario generation approaches.
  • Support staffing & development of direct reports.  Includes recruiting, check-ins, performance management and development opportunities.
  • Work closely with squads, coaches, and other key stakeholders to prioritize and successfully deliver on Objectives and ensure proper alignment of resources and skills based on priorities/OKR’s.
  • Maintain open lines of communication with key stakeholders, particularly Actuarial valuation and business line actuarial teams, including strong partnership in prioritization of transversal actuarial initiatives.
  • Belief in a non-hierarchical culture of collaboration, transparency, safety and trust.
  • Willingness to “roll up the sleeves” and to go outside comfort zone to learn, ability to push peers and direct reports to do the same.
  • Opportunity to progress additionally into EEM Consolidation work, a highly impactful and visible function responsible for compiling and explaining EEM results to stakeholders including senior management.


Location: 
This role can work out of our offices in Charlotte, NC or New York, NY OR be 100% remote.


The base salary range for this position is $105,000 - $141,000. 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.  

Equitable Pay and Benefits: Equitable Total Rewards Program 

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Working at 

Equitable

Offers a range of financial services, including life insurance, annuities, and investment products, designed to help clients secure their financial well-being and retirement security.

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