Actuary Modeler

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Type Of Hire :

Job Description

About the Role

As a US Actuarial Modeler, you will join our US Actuarial Library team and support the continued enhancement of the US actuarial libraries within the FIS Insurance Risk Suite (Prophet) solution. You will help enhance Prophet's modeling capabilities to address evolving customer needs, insurance products and regulatory requirements across the US insurance industry. You will work with actuarial teams and other stakeholders to deliver reliable modeling solutions that help insurers and reinsurers effectively manage risk.

What You Will Be Doing

* Develop and enhance actuarial code within the US liability libraries, supporting life, annuity and health insurance products.
* Analyze and solve complex actuarial modeling challenges with a high degree of autonomy.
* Review actuarial code developed by peers to ensure accuracy, quality and appropriateness.
* Ensure actuarial product deliverables are accurate, well documented and meet customer and business requirements.
* Partner with other actuarial teams to develop and deliver holistic modeling solutions.
* Support enhancements to Prophet modeling capabilities in response to insurance product, regulatory and reporting developments.
* Communicate effectively with internal stakeholders and external partners, including clients and vendors.

Required Qualifications

* Bachelor's degree in Mathematics, Actuarial Science or another quantitative or science-based discipline.
* At least 5 years of experience working within a life insurance organization or actuarial consulting environment.
* Associate or Fellow of the Society of Actuaries (SOA), or Member of the American Academy of Actuaries (MAAA).
* At least 5 years of experience using Prophet, or demonstrably equivalent experience with actuarial modeling platforms, including involvement in key business or modeling projects.
* Strong knowledge of the US insurance industry and applicable regulatory and financial reporting frameworks.
* Knowledge of US Statutory pre-PBR and PBR requirements, US GAAP pre-LDTI and LDTI requirements, US Tax reserves, and asset/liability management or cash flow testing.
* Strong analytical and problem-solving skills with the ability to evaluate complex actuarial modeling requirements.
* Proficiency in Microsoft Excel, Word and PowerPoint.

Preferred Qualifications

* Familiarity with the US actuarial libraries supplied with Prophet, preferably the US 360 libraries.
* Experience with advanced Prophet modeling techniques, including new business processing, calculation looping, rebasing, goal seeking, extended formulas, nested structures, modules, and dynamic or stochastic modeling.
* Understanding of potential model performance bottlenecks and approaches for optimizing model performance.
* Technical knowledge of programming and systems development.
* Knowledge of cloud infrastructure and technology.

What We Offer you

At FIS, you can grow your career as far as you want to take it. Here's what else we offer:

Opportunities to make an impact in fintech
Personal and professional learning
Inclusive, diverse work environment
Resources to give back to your community
Competitive salary and benefits

Privacy Statement

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EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

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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