Model Validation Specialist

2 weeks ago


Montréal, Canada Intact Full time

Our employees are at the heart of what we do best: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you’re bringing this purpose to life alongside a passionate community of experts.

Feel empowered to learn and grow while being valued for who you are
- here, diversity is a strength. You have our commitment to support you in reaching your goals with tools, opportunities, and flexibility. It’s our employee promise.

Our hybrid work model provides the balance between working from home and enjoying meaningful in-person interactions.

Read on to see how you can shape the future, win as a team, and grow with us.

**About the role**

We’re looking for a Model Validation Specialist to join our growing team

**About **r**ole**

We’re seeking an individual to join the Risk Management team. Our team is responsible for developing and supporting the implementation of the risk management framework. We provide independent reviews and challenges to the business, identify, assess, respond, monitor, and report on risks that our company faces. We play an active role in building a competitive advantage by integrating our risk management framework into our business activities and strategic planning.

Your primary responsibility will be to lead the independent review, validation, and challenge of the Canadian internal economic capital model. This includes structuring and executing internal model validation and testing in line with best practices. This role also entails collaborating with our global organization, specifically with teams in the UK, shaping model validation implementation, and fostering innovation.

Locations : This role is based on 700 University, Toronto office and a two days a week presence in the office is required.

**What **you’ll** do here**
- Lead the independent validation and vetting of the Canadian internal economic capital model.
- Communicate the results of model validation activities, model limitations, and uncertainties to key stakeholders and management, providing robust challenge to model outcomes.
- Conduct periodic reviews to assess the model’s compliance with established policies and procedures.
- Act as a primary resource for communicating model oversight framework with regulators and external stakeholders.
- Foster innovation, with great opportunity to define how we best conduct benchmarking analysis, backtesting and sensitivity analysis as we continue to validate the internal model.
- Provide active support and technical advice to the team, senior management, and key stakeholders.
- Assist the team in implementing the Model Risk Management framework.
- Beyond an exclusive focus on insurance risk, you will have the opportunity to contribute more widely to managing other risks that impact capital requirements, as the role evolves.

**What you bring to the table**
- Bachelor's degree in math/math finance, statistics, data science, or actuarial sciences.
- At least 5 years of relevant experience in modelling.
- Experience with economic capital models - an asset.
- Experience in model validation, including knowledge of validation testing techniques and technical theory is considered a plus.
- Strong analytical skills, knowledge of mathematical techniques and solid planning and execution.
- Proactive approach, autonomy, efficiency, and excellent team player.
- Experience in coaching of other team members on running and improving team processes, and special projects.
- Ability to learn quickly, adapt to change, receptive to feedback and to stay updated with emerging risks.
- Sound skills in oral and written communications and interpersonal relations with ability to interact with a variety of people at all levels of the organization.
- Able to relay complex concepts in ways that other stakeholders will easily understand.
- High level of professionalism, integrity, and ethics.
- Proficiency in Microsoft Office Suite, VBA, with knowledge of Python, SQL a plus.

LI-hybrid

**What we offer**

Working here means you'll be empowered to be and do your best every day. Here is some of what you can expect as a permanent member of our team:

- A financial rewards program that recognizes your success
- An industry leading Employee Share Purchase Plan; we match 50% of net shares purchased
- An extensive flex pension and benefits package, with access to virtual healthcare
- Flexible work arrangements
- Possibility to purchase up to 5 extra days off per year
- An annual wellness account that promotes an active and healthy lifestyle
- Access to tools and resources to support physical and mental health, embracing change and connecting with colleagues
- A dynamic workplace learning ecosystem complete with learning journeys, interactive online content, and inspiring programs
- Inclusive employee-led networks to educate, inspire, amplify voices, build relationships and provide development opportunities
- Inspiring leaders and colleagues who



  • Montréal, Canada Jubilant Pharma Holdings Inc. Full time

    **Spécialiste, Validation** Jubilant HollisterSiter, une filiale de Jubilant Pharma Holdings Inc., recrute actuellement pour un poste de Spécialiste, Validationpharmaceutique pour joindre notre équipe ! **Que pouvons-nous offrir?** Nous continuerons, avec le plus grand soin pour l'environnement et la société, à améliorer la valeur pour nos clients...

  • Data Scientist

    2 weeks ago


    Montréal, Canada Desjardins Full time

    At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should...


  • Montréal, Canada Genetec Full time

    **What your day will look like**: The Business Modeling Specialist reports to the Manager, Voice of Customer. In this role, you will be responsible for the following aspects - Lead the business process modeling efforts for the key processes of the CX organization following the ArchiMate standards to build consistent and customer-centric models, while also...

  • Validation Specialist

    2 months ago


    Montréal, Canada Centre de production de produits biologiques Inc Full time

    The Biologics Manufacturing Center (BMC) inc. is a new bio-manufacturing facility whose construction was completed in June 2021. As a not-for-profit organization having a public interest mandate, BMC is a key player in Canada's ability to respond rapidly to future national and global health emergencies. In addition, BMC supports projects of public interest,...


  • Montréal, Canada Centre de production de produits biologiques Inc Full time

    The Biologics Manufacturing Center (BMC) Inc. is a new biomanufacturing facility created in response to the pandemic. A not-for-profit organization, the BMC aims to better meet the biopharmaceutical needs of Canadians. The BMC helps support projects of public interest, actively contributes to the overall growth and resilience of the Canadian life sciences...


  • Montréal, Canada National Bank of Canada Full time

    A career as a Data Modeler in the Data Exposure Expertise team within the Data Office at National Bank means acting as an expert in business data modeling (conceptual data models) to move the Bank towards its data management target. In particular, you'll be working with our IT and business partners, and supporting modeling experts in the Bank's business...


  • Montréal, Canada amaris Full time

    Job description We are looking for dynamic consultants to grow our Life Sciences team in Montreal. Your experience, knowledge, and commitment will help us to face our client's challenges. You will be supporting different projects through your expertise as Pharmaceutical - EMPOWER Validation Specialist. **Your main responsibilities**: Collaborate closely...


  • Montréal, Canada Opal-RT Technologies Full time

    28 avril 2020 **Industries TI**: Logiciel Catégories Économie, Économétrie, Modélisation, Montreal, QC - Temps plein English will follow. OPAL-RT Technologies recherche un Spécialiste en modélisation. **À propos d’OPAL-RT Technologies**: Imaginez travailler pour une entreprise qui compte parmi ses clients la NASA, Bombardier, ABB, EMBRAER, MIT,...


  • Montréal, Canada Opal-RT Full time

    English will follow._ **OPAL-RT Technologies recherche un Spécialiste en modélisation.** **À propos d’OPAL-RT Technologies**: Imaginez travailler pour une entreprise qui compte parmi ses clients la NASA, Bombardier, ABB, EMBRAER, MIT, GE, Ford, GM, NREL et Hydro-Québec! OPAL-RT s’est donné comme ambitieux défi de démocratiser la simulation temps...


  • Montréal, Canada Opal-RT Full time

    English will follow._ **OPAL-RT Technologies recherche un Spécialiste en modélisation.** **À propos d’OPAL-RT Technologies**: Imaginez travailler pour une entreprise qui compte parmi ses clients la NASA, Bombardier, ABB, EMBRAER, MIT, GE, Ford, GM, NREL et Hydro-Québec! OPAL-RT s’est donné comme ambitieux défi de démocratiser la simulation temps...

  • Validation Specialist

    2 months ago


    Montréal, QC, Canada Thorens Solutions Full time

    Validation Specialist Company name: Thorens Solutions – Headhunters Activity area : Technologies Salary : Based on experience Job type : Permanent - Full time , Hybrid work mode City : Montréal Company description Our client is a Quebec-based company offering unique and innovative technology. In full growth, our client specializes in the field...


  • Montréal, QC, Canada Thorens Solutions Full time

    QA Validation Specialist Company name: Thorens Solutions – Headhunters Activity area : Technologies Salary : Salary from 70,000K to 90,000K Job type : Permanent - Full time , Flexible hours , Occasional remote work City : Montréal Company description This job description is only available in French. Contact us if you have any questions...


  • Montréal, QC, Canada Jubilant Pharma, LLC Full time

    Spécialiste, Validation / Specialist, Validation Spécialiste, Validation Jubilant HollisterSiter, une filiale de Jubilant Pharma Holdings Inc., recrute actuellement pour un poste de Spécialiste, Validationpharmaceutique pour joindre notre équipe ! Que pouvons-nous offrir? Une culture qui valorise les opportunités de croissance et de...


  • Montréal, QC, Canada SpaceBridge Inc. Full time

    We are currently seeking a Verification and Validation Specialist to join our team in Montreal, QC. In this position, the incumbent plays a crucial role in the product development process and contributes to bringing product quality upstream to ensure releases are meeting specifications. He or she is responsible for designing and executing test cases and...


  • Montréal, Canada GenAIz Full time

    Le Groupe Uni3T est une société informatique jeune et dynamique qui est active dans les secteurs des sciences de la vie et de l'industrie pharmaceutique. L'entreprise est née d'une volonté de réunir et d'unifier sous un même toit une expertise complète dans le domaine des sciences de la vie. Notre mission est d'améliorer l'accès aux soins et aux...

  • Data Scientist

    2 weeks ago


    Montréal, Canada Desjardins Full time

    At Desjardins, we believe in equity, diversity and inclusion. We're committed to welcoming, respecting and valuing people for who they are as individuals, learning from their differences, embracing their uniqueness, and providing a positive workplace for all. At Desjardins, we have zero tolerance for discrimination of any kind. We believe our teams should...


  • Montréal, Canada Airbiz Full time

    **Aviation Analyst / Modeller** **About Us** Airbiz is an international consultancy which provided strategic and planning advice to airports, airlines, design/construct firms, governments, and airport investors. We have offices in Australia, Canada, the USA, the United Kingdom and New Zealand. Our team consists of airport and terminal planners, business...


  • Montréal, Canada L'Atelier Animation Full time

    English version will follow **Description de l’entreprise**: Établie en plein épicentre du Mile-End, à Montréal, depuis 2012, l'Atelier Animation est un studio d'animation 3D spécialisé dans les longs-métrages ainsi que les séries d'animation. Comptant maintenant cinq longs-métrages ainsi que plusieurs séries télévisées à son actif,...


  • Montréal, Canada CAE Inc. Full time

    Role and Responsibilities CAE Healthcare is a division of CAE Inc. and a medical simulation company dedicated to improving healthcare training and patient safety. We design and manufacture products used for patient simulation, surgical simulation, ultrasound simulation, and clinical simulation management. **The role we are offering you**: **Duties and...


  • Montréal, Canada TD Bank Full time

    399965BR Enterprise Data & Analytics Montreal, QC March 6, 2023 Company Overview Department Overview The Insurance Analytics and Modelling team provides analytics and predictive models driven advice and counselling service to internal stakeholders, thereby enabling colleagues to have the right information to make business decisions impacting different...