About the role
About Us
Agam
was founded in 2016 with the vision to create a cutting edge differentiated analytical platform. The execution towards this vision continued with the development of pALM, Agam’s proprietary asset and liability management (ALM) system. Offering the only end-to-end enterprise-wide risk and capital analytic solution, Agam empowers strategic decision makers towards their capital optimization goals. With a fully embedded dynamic strategic asset allocation (SAA) and enterprise risk management (ERM) infrastructure, pALM supports Agam’s ability to offer one stop, turnkey insurance solutions.
Responsibilities
· Conduct Model Validation for regulatory, actuarial, financial and risk models.
· Assist in other model governance activities such as ongoing monitoring review, model review, remediation on model failures, model breaches etc.
· Collaborate with model owner and developer to address issues.
· Mentor junior team members
Qualifications
- Master’s degree in quantitative discipline.
- 7+ years of experience in model risk management (5+ years for PhD).
- Basic programming skills in Python and C#.
- Basic knowledge of financial and actuarial modeling.
- Good written and verbal communication skills.
Preferred Qualifications
- PhD in quantitative discipline.
- Familiarity with the financial market and insurance industry.
- Knowledge of Asset-Liability Management.
- CFA, FRM, ASA, FSA.
- Experience in cloud computing platforms such as AWS, Azure.
- Knowledge of Bermuda Monetary Authority (BMA)’s regulatory requirements.
About Agam Capital
Agam Capital is an insurance solutions provider that differentiates itself by taking a risk-focused approach to dynamic management of liabilities.
Agam was founded by former senior executives from Apollo Global Management and Aflac Inc. While traditional reinsurance solutions have aimed at enhancing asset yield to support a liability structure, Agam has focused its efforts on risk management and integrated analytics, which reduces the need to move further up the risk curve. It has developed a sophisticated, fully integrated Proprietary Asset-Liability model (pALM), which is the cornerstone to its Enterprise-wide Risk Management (ERM) framework. pALM enables insurers and reinsurers to manage its liabilities, assets and capital in a fashion that meets guidelines set by National Association of Insurance Commissioners (NAIC), European Insurance and Occupational Pensions Authority’s (EIOPA) Solvency II directive or Bermuda Monetary Authority’s (BMA) Solvency II Equivalence.
Agam’s senior team has over 100 years of combined expertise in the field of insurance, asset management and risk management.
About the role
About Us
Agam
was founded in 2016 with the vision to create a cutting edge differentiated analytical platform. The execution towards this vision continued with the development of pALM, Agam’s proprietary asset and liability management (ALM) system. Offering the only end-to-end enterprise-wide risk and capital analytic solution, Agam empowers strategic decision makers towards their capital optimization goals. With a fully embedded dynamic strategic asset allocation (SAA) and enterprise risk management (ERM) infrastructure, pALM supports Agam’s ability to offer one stop, turnkey insurance solutions.
Responsibilities
· Conduct Model Validation for regulatory, actuarial, financial and risk models.
· Assist in other model governance activities such as ongoing monitoring review, model review, remediation on model failures, model breaches etc.
· Collaborate with model owner and developer to address issues.
· Mentor junior team members
Qualifications
- Master’s degree in quantitative discipline.
- 7+ years of experience in model risk management (5+ years for PhD).
- Basic programming skills in Python and C#.
- Basic knowledge of financial and actuarial modeling.
- Good written and verbal communication skills.
Preferred Qualifications
- PhD in quantitative discipline.
- Familiarity with the financial market and insurance industry.
- Knowledge of Asset-Liability Management.
- CFA, FRM, ASA, FSA.
- Experience in cloud computing platforms such as AWS, Azure.
- Knowledge of Bermuda Monetary Authority (BMA)’s regulatory requirements.
About Agam Capital
Agam Capital is an insurance solutions provider that differentiates itself by taking a risk-focused approach to dynamic management of liabilities.
Agam was founded by former senior executives from Apollo Global Management and Aflac Inc. While traditional reinsurance solutions have aimed at enhancing asset yield to support a liability structure, Agam has focused its efforts on risk management and integrated analytics, which reduces the need to move further up the risk curve. It has developed a sophisticated, fully integrated Proprietary Asset-Liability model (pALM), which is the cornerstone to its Enterprise-wide Risk Management (ERM) framework. pALM enables insurers and reinsurers to manage its liabilities, assets and capital in a fashion that meets guidelines set by National Association of Insurance Commissioners (NAIC), European Insurance and Occupational Pensions Authority’s (EIOPA) Solvency II directive or Bermuda Monetary Authority’s (BMA) Solvency II Equivalence.
Agam’s senior team has over 100 years of combined expertise in the field of insurance, asset management and risk management.