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 opportunities.
- 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, strong knowledge of Prophet systems, and actuarial expertise.
The predicted salary is between 59400 - 72600 £ 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:
- Support clients with use of their Prophet models, in particular use of the Asset Liability Strategy (ALS) library.
- Define and own the code architecture for new Prophet model features.
- 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.
- Assist with the design and testing of new Prophet library function enhancements.
- 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 well documented.
- Act as a subject matter expert for internal team members on the Prophet libraries.
- Work closely with other actuarial teams to deliver holistic solutions.
What you will need:
- Bachelor's degree in Mathematics or science-based subject.
- At least 10 years' experience working in a life insurance department or consultancy.
- Have used the Prophet system for a minimum of 5 years and have a good understanding of the ALS library.
- Familiar with implementing modelling changes in Prophet using its extended formula functionality.
- 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.
- Are aware 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.
FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients.
Senior Actuarial Product Development Manager in City of Westminster employer: FIS, Inc.
FIS, Inc. is an excellent employer that fosters a dynamic work culture in the heart of London, offering competitive salaries and comprehensive benefits such as private medical cover. Employees are encouraged to grow professionally through various development opportunities, making it an ideal place for those seeking meaningful and rewarding careers in corporate governance.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuarial Product Development Manager in City of Westminster
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
Consider pursuing relevant certifications like the CFA or ACCA while you’re job hunting. They not only beef up your CV but also connect you with professional bodies which can lead to networking opportunities and even job openings in banking and financial services.
✨Connect on Professional Platforms
Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
✨Apply Directly and Be Proactive
Don’t shy away from reaching out directly to firms like FIS, Inc.. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Senior Actuarial Product Development Manager in City of Westminster
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to FIS, Inc..
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on FIS, Inc.'s website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at FIS, Inc.
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with FIS, Inc..
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at FIS, Inc. will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former FIS, Inc. employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
