Product Manager Sr Lead, Insurance Risk Suite

Product Manager Sr Lead, Insurance Risk Suite

Full-Time 80000 - 100000 £ / year (est.) Home office (partial)
B Capital

At a Glance

  • Tasks: Lead Gen AI initiatives in actuarial modelling for the Insurance Risk Suite.
  • Company: Join FIS, a global leader in risk management software.
  • Benefits: Enjoy autonomy, professional development, and a collaborative work environment.
  • Other info: Opportunity for international travel and career growth within a large global firm.
  • Why this job: Make a real impact in the insurance industry with innovative technology.
  • Qualifications: Strong programming skills and experience in actuarial modelling required.

The predicted salary is between 80000 - 100000 £ per year.

At FIS, you will work on complex, high-impact challenges at the intersection of risk and technology. We foster a collaborative, innovative, and inclusive environment where talented individuals deliver mission-critical solutions to a global customer base.

FIS’ Risk Business delivers actuarial and risk management software used by over 1,000 insurers worldwide, as well as leading consulting firms. Our Insurance Risk Suite supports capital optimisation, risk management, and product pricing across on-premise and cloud deployments. You will join the Solutions Management team within a globally distributed Risk Management organisation, contributing to customer excellence and product leadership.

As a lead product manager within the Risk Solutions Management and Strategy team you will be responsible for Gen AI capabilities in the Insurance Risk Suite specifically around the actuarial modelling. You will use your actuarial modelling experience, knowledge of Gen AI and the FIS solution to help understand our customer’s needs and drive productivity improvements in modelling for our customers. To support this, you will have a detailed understanding of the needs of customers, Insurance Risk suite, all aspects of actuarial modelling and be used to working with and managing large teams.

Key Responsibilities Include:

  • Lead Gen AI within aspects of actuarial modelling, working as part of a team within our value streams
  • Working with product and development teams as well as our technology partners
  • Attend customer calls/meetings, occasionally on site, where needed
  • Communication of new service offerings, pricing and all relevant services
  • Supporting sales and consultancy teams
  • Providing thought leadership in form of blogs, videos & conference presentations

What You Bring:

  • Strong programming skills and capable in coding in Insurance Risk Suite (Prophet) in multiple libraries
  • Proven and deep modelling skills with either existing Gen AI knowledge or desire to learn, work in this area, and passion for transforming our users experience through AI
  • Understanding of all aspects of actuarial modelling and all of the complex system features within the FIS solution that support our customers
  • Deep knowledge of liability libraries as well as Asset Liability Strategy library
  • Qualified/Part Qualified actuary with strong experience and understanding of regulation and various technical standards in at least one major market
  • Innovative and creative, able to bring new thinking to the organisation and our partners
  • Excellent communications skills and able to liaise with all levels of seniority up to and including board level
  • Ability to collaborate effectively with cross-functional teams and partners to drive data, automation and integration initiatives
  • Ability to present information tailored to a diverse audiences (e.g. technical, finance, executive)

What We Offer You:

  • A multifaceted job with a high degree of responsibility, autonomy, and a broad spectrum of opportunities
  • To lead an area of Gen AI within one of the leading actuarial systems and work with some of the largest insurers globally
  • A broad range of professional education and personal development opportunities
  • A work environment built on collaboration, flexibility and respect
  • The normal place of work is the FIS office although there is some expectation of international travel with this role (up to 10%)
  • Building a career within a large global firm with over 20,000 customers in over 130 countries

Product Manager Sr Lead, Insurance Risk Suite employer: B Capital

B Capital is an exceptional employer that fosters a culture of innovation and collaboration, particularly in the dynamic field of AI-driven finance. With a strong commitment to employee growth, we offer extensive professional development opportunities and a supportive environment that encourages transformative leadership. Located in the vibrant EMEA region, our team enjoys a diverse and inclusive workplace, making it an ideal setting for those looking to make a meaningful impact in finance operations.

B Capital

Contact Details:

B Capital Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Product Manager Sr Lead, Insurance Risk Suite

Dive Into Industry Networking Events

Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.

Use LinkedIn to Your Advantage

Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like B Capital). A thoughtful message explaining your interest can really make a difference!

Look Out for Graduate Schemes

Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.

Leverage Your Current Connections

Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like B Capital. Don’t shy away from asking for a coffee chat; you never know what doors it might open!

We think you need these skills to ace Product Manager Sr Lead, Insurance Risk Suite

Actuarial Modelling
Gen AI Knowledge
Programming Skills
Insurance Risk Suite (Prophet)
Liability Libraries Knowledge
Asset Liability Strategy Library Understanding
Regulatory Knowledge

Some tips for your application 🫡

Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.

Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.

Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at B Capital.

Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at B Capital. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.

How to prepare for a job interview at B Capital

Know Your Numbers: Insurance Fundamentals

Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at B Capital to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.

Showcase Your Analytical Side

In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!

Prepare for Behavioural Questions

As a full-timer at B Capital, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.

Know the Company Culture Inside Out

Understanding B Capital's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.