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: Be part of a dynamic team with opportunities for growth and charity support.
- Why this job: Make a real impact in the fintech world while collaborating with global clients.
- Qualifications: 10+ years in life insurance or consultancy, strong actuarial skills required.
The predicted salary is between 80000 - 100000 £ 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.
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Senior Actuarial Product Development Manager employer: FIS Capital Markets UK Limited
FIS Capital Markets UK Limited is an exceptional employer, offering a dynamic work environment where innovation and collaboration thrive. With a strong focus on career development and a diverse team culture, employees are empowered to drive impactful commercial strategies in the financial services sector. Located in the heart of the UK, FIS provides unique opportunities for professional growth while contributing to meaningful market engagement in Supply Chain Finance and Receivables Finance.
Contact Details:
FIS Capital Markets UK Limited Recruitment Team
