At a Glance
- Tasks: Lead the design and development of innovative actuarial modelling features.
- Company: Join FIS, a global leader in fintech solutions with a diverse team.
- Benefits: Enjoy a flexible work environment, competitive salary, and personal development resources.
- Other info: Collaborative atmosphere with opportunities to volunteer and support charities.
- Why this job: Make a real impact in the fintech world while working with cutting-edge technology.
- Qualifications: 10+ years in life insurance or consultancy, strong actuarial skills, and Prophet system experience.
The predicted salary is between 70000 - 90000 £ per year.
As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?
About the role
As a Senior Actuarial Product Development Manager, you’ll be working with global clients to support their use of Prophet models, in particular the Asset Liability Strategy (ALS) library. You will define and own the code architecture for new Prophet model features and develop actuarial modelling features for existing and new Prophet libraries.
About the team
Be a part of a team of Prophet library developers who are responsible for a range of global actuarial Prophet libraries. You will assist with the design and testing of new Prophet library function enhancements and act as subject matter experts for questions from external and internal clients on the Prophet libraries.
What you will be doing
- Leading on design and development of new actuarial modelling features in the Prophet libraries.
- Reviewing peers’ actuarial code for accuracy and appropriateness.
- Ensuring our product deliverables meet all requirements, are thoroughly tested and are well documented.
- Acting as a subject matter expert for internal team members on the Prophet libraries.
- Working closely with other actuarial teams to deliver holistic solutions.
What you will need
- Bachelor’s degree in Mathematics or a science‑based subject.
- At least 10 years’ experience working in a life‑insurance department or consultancy.
- Use of the Prophet system for a minimum of 5 years and a good understanding of the ALS library.
- Familiarity with implementing modelling changes in Prophet using its extended formula functionality, for example making changes to the ALS library.
- Qualified/Part‑Qualified actuary with strong experience and understanding of regulation and various technical standards in at least one major market.
- A background in insurance or financial services.
- Experience working as part of a large diverse, global team.
- Strong problem‑solving and analytic skills.
Added bonus if you have
- Worked directly with numerous advanced Prophet modelling techniques: new business processing, calculation looping, rebasing, goal seeking, nested structures, modules, or dynamic and stochastic modelling.
- Awareness of potential performance bottlenecks and solutions when designing models.
- Technical knowledge of Gen AI and its application in actuarial modelling.
- Technical knowledge of programming and systems development.
- Technical knowledge of cloud infrastructure and technology.
- Awareness of emerging regulatory and risk topics that will impact the financial industry.
What we offer you
- Flexible and creative work environment.
- Diverse and collaborative atmosphere.
- Professional and personal development resources.
- Opportunities to volunteer and support charities.
- Competitive salary and benefits.
Senior Actuarial Product Development Manager in London employer: FIS Capital Markets UK Limited
FIS is an exceptional employer that champions a flexible and creative work environment, fostering a diverse and collaborative atmosphere where innovation thrives. As a Senior Actuarial Product Development Manager, you will have access to professional and personal development resources, alongside opportunities to engage in charitable initiatives, making your work both meaningful and rewarding. With a competitive salary and benefits package, FIS is dedicated to supporting your growth while you contribute to leading-edge fintech solutions on a global scale.
Contact Details:
FIS Capital Markets UK Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Product Development Manager in London
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We think you need these skills to ace Senior Actuarial Product Development Manager in London
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