Quantitative Risk Modeling Lead

This is a fully remote position, open to applicants in California.

📋 Description

• Oversee the application of actuarial and quantitative techniques in the underwriting of credit insurance transactions.

• Convert conventional insurance frameworks into systematic credit underwriting practices.

• Spearhead the development and upkeep of stochastic risk models that encompass credit, real estate, and equity assets.

• Lead comprehensive analysis efforts to establish and set assumptions and model calibration targets for credit risks.

• Accountable for managing model risk.

• Create and enhance internal risk frameworks, actuarial methodologies, and reserving protocols for credit insurance.

• Propel research initiatives aimed at discovering new modeling methodologies and techniques.

• Work collaboratively with underwriters, senior management, and insurance partners.

⛳️ Requirements

• A bachelor’s degree is mandatory.

• Actuarial credentials (ASA, FSA) or an advanced quantitative degree is highly preferred.

• Over 10 years of experience in quantitative underwriting roles.

• Extensive knowledge of insurance company balance sheets, reserving protocols, and NAIC implications.

• Proven expertise in actuarial/statistical techniques, stochastic modeling, and their application to financial or credit markets.

• Strong technical skills in Excel; experience with programming/statistical tools (SQL, R, Python, SAS, etc.) is an advantage.

🏝️ Benefits

• Paid time off for company holidays, vacation, sick, and personal days.

• Paid parental leave.

• Access to mental health services.