At a Glance
- Tasks: Lead the design and development of innovative actuarial modelling features.
- Company: Join a diverse and collaborative team in a flexible work environment.
- Benefits: Enjoy competitive salary, personal development resources, and volunteer opportunities.
- Other info: Be part of a global team tackling emerging regulatory challenges.
- Why this job: Make a real impact in the financial industry with cutting-edge actuarial solutions.
- Qualifications: 10+ years in life insurance, strong Prophet system experience, and problem-solving skills.
The predicted salary is between 80000 - 100000 £ per year.
As a Senior Actuarial Product Development Manager, you’ll be working with global clients to support clients with their Prophet models, in particular use of the Asset Liability Strategy (ALS) library, define and own the code architecture for new Prophet model features, and develop actuarial modelling features for existing and new Prophet libraries.
What You Will Be Doing
- Lead on design and development of new actuarial modelling features in the Prophet libraries.
- Review peers’ actuarial code for accuracy and appropriateness.
- Ensure 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.
- Minimum 5 years’ experience using the Prophet system and a good understanding of the ALS library.
- Experience implementing modelling changes in Prophet using its extended formula functionality.
- Qualified or Part‑Qualified actuary with strong experience and understanding of regulation and various technical standards in at least one major market.
- 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
- Experience with advanced Prophet modelling techniques such as 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
FIS is an exceptional employer that prioritises client success and employee growth, offering a dynamic work culture in the vibrant region of York and North Yorkshire. With competitive salaries, comprehensive benefits, and a commitment to professional development, FIS fosters long-term relationships not only with clients but also within its team, making it a rewarding place for those looking to make a meaningful impact in their careers.
