Overview
In this role you will develop and enhance actuarial Prophet models to support IFRS 17 reporting, risk-based capital, and business planning. You will partner with stakeholders to translate requirements into robust modelling solutions while ensuring governance and regulatory compliance. The position offers collaboration in a forward-thinking team and opportunities to drive continuous improvement and automation. You will contribute to controlling models, testing, and documenting processes in a trusted, risk-aware environment.
Pay / Benefits
- wellbeing support
- training and development opportunities
- volunteering and community activity
- diversity and inclusion
- supportive environment
- career growth opportunities
Responsibilities
- Develop, maintain and enhance Prophet models for IFRS 17, RBC, and business planning
- Collaborate with stakeholders to translate requirements into modelling solutions
- Identify process improvements through automation and new approaches
- Ensure models and processes meet governance and regulatory standards with clear documentation
- Perform testing and validation to demonstrate model accuracy and reliability
- Support audit activities by evidencing governance controls
- Contribute actuarial expertise to cross-functional projects
Key requirements
- Prophet model development experience
- Prophet Professional and Prophet Enterprise experience
- Full or part actuarial professional qualification
- Degree in Actuarial Science, Mathematics, or related discipline
- Advanced MS Excel and MS Access/SQL skills
- Life insurance industry experience and knowledge of unit-linked products
- Understanding of IFRS 17 and RBC reporting requirements
- Strong analytical, numerical, and detail-oriented skills
- Clear communication of complex concepts to diverse stakeholders
- Proactive mindset and drive for continuous improvement
- problem-solving oriented
- excellent communication
- proactive and challenger attitude
- Prophet model development
- Prophet Professional
- Prophet Enterprise
Actuarial Model Developer in Douglas employer: Zurich Insurance Group
Zurich UK is an exceptional employer that prioritises flexibility and employee wellbeing, offering part-time, job-share, and full-time options to accommodate diverse needs. With a strong commitment to diversity and inclusion, employees are encouraged to grow through transparent internal mobility and access to various development opportunities. The supportive work culture fosters collaboration and innovation, making it an ideal place for professionals looking to make a meaningful impact in the field of exposure management.
