Actuarial Modelling Developer

To work independently as a member of the Actuarial Development team, undertaking a variety of tasks to enable the department to meet its objectives including:

• Working in conjunction with the Actuarial leadership, contribute to actuarial model development that supports our ambitions as a business.
• Translate business requirements into clear and actionable development specifications.
• To work independently to develop and test actuarial models, automation workflows and actuarial systems.
• Responsible for ongoing maintenance of actuarial systems, maintaining alignment with support model and coordinating business readiness of model and platform updates.
• Produce well-structured documentation and testing evidence in line with robust model governance standards.
• Provide actuarial and/or technical reports to a high professional quality.
• Identifying and implementing opportunities for improving ways of working.
• Ensuring that processes and output from the Actuarial Function has been produced in accordance with internal policies and control frameworks, as well as relevant Actuarial Standards.
• Stay ahead of emerging trends, technical advancements to ensure our competitive edge.
• Ad hoc tasks as required.
• Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards as set out.
• Notify the regulator(s) of matters reasonably expected to be notified.

Location:

United Kingdom

• Technical actuarial knowledge relevant to actuarial asset and liability model development.
• Ability to develop, draft and edit technical actuarial/modelling documentation.
• Practical actuarial model development expertise (RAFM and Python preferable, other platform experience will be considered).

• Excellent interpersonal and communication skills, including report writing.
• Excellent planner and organiser.
• Critical thinking and problem-solving skills.
• Solvency II/UK, UK GAAP, US GAAP reporting experience.
• Pragmatic, adaptable and flexible.

• Part-qualified actuary (continuing studies or given up exams).
• Experience of working within the Actuarial Function of a UK Life insurer.
• Experienced model developer, Mantle, RAFM and Unify preferred, other modelling platform experience considered.