Senior Actuarial Product Development Manager

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

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 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 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, thoroughly tested and are 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, for example experience with 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
• 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:
At FIS, you can learn, grow and make an impact in your career. Our benefits include:

• 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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Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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