Actuarial Product Development Manager

FIS; Warszawa; On-site; PLN 180,000 - 300,000; Full time

Job summary

FIS in Warszawa is seeking an Actuarial Product Development Manager to join our Actuarial Library team, supporting the Prophet-based libraries used across our Insurance Risk Suite. You will enhance modelling capabilities to meet evolving customer needs and regulatory developments in global financial markets.

You will develop actuarial code for Prophet libraries, broaden the solution to cover emerging risks (including climate), review peers' code for accuracy, and ensure deliverables are well

Qualifications

• Bachelor's degree in Mathematics or a science discipline.
• Minimum 5 years in life insurance or related consultancy.
• At least 5 years using Prophet.
• Experience with Prophet ALS library changes.
• Strong English, Excel, Word, and PowerPoint skills.

Responsibilities

• Develop actuarial code for Prophet libraries.
• Broaden the solution to include emerging risks including climate.
• Review peers' actuarial code for accuracy and appropriateness.
• Ensure product deliverables are suitable and well documented.
• Work closely with other actuarial teams to deliver holistic solutions.

Skills

Prophet modelling

Analytical skills

English proficiency

Excel

PowerPoint

Word

Team collaboration

Education

Bachelor's degree in Mathematics or science-based subject

Tools

Prophet system

Job description

We are looking for an Actuarial Product Development Manager to join our Actuarial Library team, supporting the enhancement of libraries supplied with the FIS Insurance Risk Suite (Prophet) solution.

We sit at the forefront of the Insurance modelling industry and empower insurers and re-insurers around the world with the tools and services they need to reliably manage their risks. In the Actuarial Library team, you will enhance the modelling capabilities in Prophet to meet customer needs and regulatory developments affecting the global financial industry

What you will be doing:

• Develop actuarial code for the libraries provided with Prophet,
• Broadening the solution to include emerging new risks including climate
• Review peers' actuarial code for accuracy and appropriateness,
• Ensure that product deliverables are suitable and well documented
• Work closely with other actuarial teams to deliver holistic solutions

What you bring:

• Bachelor's degree in Mathematics or science-based subject
• At least 5 years' experience working in a life insurance department or consultancy
• Have used the Prophet system for a minimum of 5 years
• Familiar with implementing modelling changes in Prophet using its extended formula functionality, for example experience with making changes to the ALS library
• A background in insurance or financial services
• A good working knowledge of Excel,
• Word, and PowerPoint Experience working as part of a large diverse, global team
• Strong problem solving and analytic skills
• Strong verbal and written English language 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 modellingBe aware of potential performance bottlenecks and solutions when designing models
• Technical knowledge of programming and systems developmentTechnical knowledge of cloud infrastructure and technology
• Awareness of emerging regulatory and risk topics that will impact the financial industry, including climate related risks

What we offer you:

• A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
• A modern, international work environment and a dedicated and motivated team
• A competitive salary and benefits
• The chance to work on some of the most challenging, relevant issues in financial services & technology to help you grow your skillset
• Time to support charities and give back in your community
• A fantastic range of benefits designed to help support your lifestyle and wellbeing
• A work environment built on collaboration, flexibility and respect