Senior Actuarial Forecasting & Risk Modeling Lead

RAPSYS TECHNOLOGIES PTE LTD; New York (NY); On-site; USD 230,000 - 360,000; Full time

Job summary

RAPSYS TECHNOLOGIES PTE LTD in New York, NY seeks a Principal Actuary to build an integrated quantitative risk framework linking insurance-driven claims, rapidly depreciating inventory assets, and future physical supply commitments. This hands-on role requires strong actuarial credentials and experience valuing physically delivered contracts.

You will model claims, inventory risk, and forward contracts, partnering with Finance, Procurement, and Risk.

Qualifications

• Holds active actuarial credential (ACAS, FCAS, ASA, FSA or recognised equivalent).
• 8+ years of relevant actuarial and risk modeling experience.
• Experience valuing physically delivered forward, offtake, volume‑flex contracts with optionality.
• Strong Python and SQL proficiency; able to inspect model code.

Responsibilities

• Insurance claims and exposure modeling: build/validate probabilistic models using insured-device populations, claims history, policy conditions and product mix.
• Inventory valuation and financial risk: model depreciation, recoverability, obsolescence, and price volatility with stochastic scenarios.
• Physical contract valuation and risk transfer: price and assess physically settled forward purchases, structured supply or offtake agreements, and embedded optionality.
• Technical modeling and governance: write reproducible Python/SQL models and document data lineage, validation, and limitations.
• Cross-functional leadership and capability development: establish common risk terminology and influence planning without direct authority.
• Management Responsibility: senior technical authority for actuarial methodology; mentor colleagues and coordinate cross‑functional groups.
• Measures of Success: calibrated risk estimates and actionable, repeatable model controls.

Skills

Python

SQL

Quantitative risk modeling

Cross-functional communication

Education

Bachelor's degree in actuarial science or related field

ACAS/FCAS/ASA/FSA or international equivalent credential

Tools

Excel

Job description

RAPSYS TECHNOLOGIES PTE LTD in New York, NY seeks a Principal Actuary to build an integrated quantitative risk framework linking insurance-driven claims, rapidly depreciating inventory assets, and future physical supply commitments. This hands-on role requires strong actuarial credentials and experience valuing physically delivered contracts.

You will model claims, inventory risk, and forward contracts, partnering with Finance, Procurement, and Risk.