Job Description :
Are you looking for unlimited opportunities to develop and succeed? With work that challenges and makes a difference, within a flexible and supportive environment, we can help our customers achieve their dreams and aspirations.
Are you looking for an opportunity to apply technical and modeling skills to make a difference? This is an opportunity to engage in challenging work in a flexible and supportive environment.
The US Life Liability Modeling team is responsible for developing and implementing structural and non-structural assumption and model design changes into the valuation models.
This role involves being the Model Lead and accountable for one of four US Life models. This position will also work with various teams across the company, such as IFRS and NAIC Valuation, Experience Analysis and In force Management departments, to provide knowledge and expertise on model calculations, understand model change requests and make model specific recommendations.
Accountable for model, including knowledge and communication of model assumptions and calculations; adhering to valuation model change management protocols and model design best practices
Manage junior modelers to perform research and development of model changes and create model change specifications
Work with actuaries across IFRS and NAIC Valuation, Pricing, Modeling, Experience Analysis and In force Management departments to understand data change requests and help prioritize the most important and time-
sensitive needs of the collective group of stakeholders
Support valuation teams to review model changes, including investigating and explaining anomalies in unexpected results and other analysis to understand the results
Work with Production team to coordinate change management cycles
Provide support to Data team, such as data file integrity checks, researching data quality issues
Provide support to internal and external audit partners and model vetting
Education & Experience
At least 3-5 years of experience in the financial services industry
Knowledge of Life Insurance products, especially UL / VUL products
Extensive experience with GGY AXIS valuation software and modeling preferred
Skills & Competencies
Energetic personality with positive, can-do attitude
Demonstrates flexibility and adaptability in a challenging and dynamic work environment
Ability to communicate effectively with actuaries and other professionals
Strong analytical and problem solving skills
Strong desire to improve processes
Excellent leadership skills and ability to encourage and motivate staff