Director & Actuary, Model Validation


We issued our first life insurance policy in 1871, our first annuity contract in 1928, and our first long term care insurance policy in 1974. Today, nearly 4 million customers rely on Genworth's U.S. Life Insurance Companies.


The US Life Insurance (USLI) Model Validation team validates models for the USLI division, Investment function and Corporate segment. ?This role will work as part of this team to understand, scope, challenge, validate and report out for certain critical models within the USLI and Corporate areas.



Lead the validation of certain critical models at Genworth:

  • Provide independent assessment of certain critical models (within USLI and Corporate areas) by reviewing model assumptions, data sources, mathematical formulas, processes, and business applications

  • Provide an independent view on model reliability, stability, and robustness, and if the model is ?fit for purpose?, including whether assumptions were appropriately implemented

  • Collaborate with various stakeholders including members in Modeling, Risk, Actuarial, Finance, Audit, and IT teams

  • Communicate the validation results to modeling teams, senior leadership, and appropriate governance committees

  • Follow up on findings/recommendations to ensure they are implemented appropriately and in a reasonable timeframe

  • Research available state-of-the art modeling solutions and leading industry practices, and share best practices across different platforms


  • BA/BS Degree in mathematics, statistics and/or related major including Mathematical knowledge, skills and abilities

  • FSA/near FSA or career ASA with commensurate experience

  • 5 + years of relevant work experience within insurance industry

  • Proven modeling & analytical skills

  • 3 + years of direct experience in building and improving models (in SAS, MATLAB, Polysystems, ALFA, AXIS, etc.)

  • Knowledge of Valuation, Projections, Experience and Pricing actuarial processes

  • Intellectual curiosity and capability

  • Strong communication skills (verbal and written)

  • Ability and willingness to challenge and influence the business in a highly collaborative way

  • Willingness to collaborate, and share ideas and knowledge with the team

  • Ability to work independently with minimal supervision

  • Results oriented, accountable for performance, and willingness to take ownership of projects


  • Familiarity with critical models in Long Term Care insurance, Life insurance and/or Annuities

  • Advanced proficiency in more than one modeling platform (e.g., SAS, MATLAB, Polysystems, ALFA, AXIS, etc.)

  • Master?s Degree in a quantitative discipline

  • Chartered Enterprise Risk Analyst (CERA) certification

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