Job Description

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.

What You'll Be Doing

• 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 PBR) 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
What You Will Bring

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 for good at Equitable and in their local communities.

We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork.

We are looking for talented, dedicated, purposeful people who want to make an impact. Join Equitable and pursue a career with purpose. Click Careers at Equitable to learn more .

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Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws.

NOTE: Equitable participates in the E-Verify program.

If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources at (212) 314-2211 or email us at TalentAcquisition@equitable.com .