[Hiring] FBS Model Validation Specialist @Capgemini

Role Description

This position is responsible for model validation and assessment of model suitability, including a range of activities designed to gain comfort that Model Owners adhere to the model risk management framework requirements.

This role will advise Model Owners in peer review standards as well as execute tests and techniques (example stress-testing, back-testing) for higher risk models.

The purpose of the role is to provide assurance for models across the enterprise for both financial and non-financial models (example pricing, reserving, economic valuation, economic capital, generative artificial intelligence).

Essential Job Functions

• Executes validation tests in accordance with the model risk management framework requirements such as critical review of data inputs and data quality, data controls, data parameters, etc.
• For models using AI techniques, inspects data bias such as potential bias introduced in data collection and/or data classification.
• Conducts validation tests for assumptions and expert judgements and/or model simplifications and limitations.
• Interacts with stakeholders to present work product in a clear, concise fashion without need for guidance.
• Challenges and advises stakeholders as appropriate.
• Establishes relationships with stakeholders and colleagues.
• Manages and prioritizes multiple projects through efficient time management.
• Inspires, leads, and trains the modeling teams.
• Coordinates necessary training to ensure the team is current on the developments in the catastrophe modeling field.
• Performs other tasks as assigned.

Qualifications

• Minimum 3 years of experience in analytical and statistical modelling, testing, and validation in the Insurance or Financial industry, including forecasting models as well as other business areas such as pricing, scoring etc.
• Actuarial property/casualty insurance industry experience preferred.
• High School Diploma or equivalent required. Bachelor's degree preferred in an analytical field (Mathematics, Engineering, Actuarial Science, Economics, Atmospheric or Natural Science).
• English level: Fluent (will be tested).

Benefits

• Competitive salary and performance-based bonuses
• Comprehensive benefits package
• Career development and training opportunities
• Flexible work arrangements (remote and/or office-based)
• Dynamic and inclusive work culture within a globally renowned group
• Private Health Insurance
• Pension Plan
• Paid Time Off
• Training & Development

Company Description

At Capgemini, we are driven by a shared purpose: Unleashing human energy through technology for an inclusive and sustainable future.

Technology shapes the way we live our lives. How we work, learn, move and communicate. That means our technology expertise, combined with our business knowledge, does more than help you transform and manage your business. It can help you realize a better future and create a more sustainable, inclusive world.

It’s a responsibility we don’t take lightly. That’s why, since our inception more than 50 years ago, we have always acted as a partner to our clients, not a service provider. A diverse collective of nearly 350,000 strategic and technological experts across more than 50 countries, we are all driven by one shared passion: to unleash human energy through technology.

As we leverage cloud, data, AI, connectivity, software, digital engineering, and platforms to address the entire breadth of business needs, this passion drives a powerful commitment. To unlock the true value of technology for your business, our planet, and society at large. From advancing the digital consumer experience to accelerating intelligent industry and transforming enterprise efficiency, we help you look beyond ‘can it be done?’ to define the right path forward to a better future.