Actuarial Consulting Manager for FIS Insurance Risk Suite

Company: FIS
Location: Marietta
Posted on: November 21, 2022

Job Description:

Position Type :

Full time Type Of Hire :

Experienced (relevant combo of work and education) Education Desired :

Bachelor of Science Travel Percentage :

15 - 25%
Job Description

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we'd like to ask you: Are you FIS?

About the Team:

FIS Insurance Risk Suite (formerly Prophet) is an award-winning insurance risk management solution for insurers that brings high performance, control, scale and automation to actuarial modelling and results management.

NOTE: This role may be worked remotely from anywhere in North America

About the role:

This role offers a fantastic opportunity to join our team of Professional services experts and learn about and deliver high quality Actuarial services to our Global client base on Prophet related projects. Prophet is a leading enterprise-wide actuarial modelling system that helps insurance and financial services companies meet reporting responsibilities, improve risk management, and develop more profitable products faster. It is used by over 10,000 users, across more than 830 client sites, in more than 65 countries, and this role provides a unique opportunity to become one of the experts in the field and gain exposure to modelling techniques used to help to model firm's financial business.

The Actuarial Consulting Manager will be based in the USA and reporting directly to a Senior Manager / Principal in the Actuarial Professional Services team. As a Senior Consulting manager, you will be involved in all the following aspects of the role, with the proportion of time spent on each dependent upon the nature of projects and the mix of people in the project team. The travel requirement on average would be around 5%-15%.

What you will be doing

The main role will be to support the Americas region Actuarial Professional Services team in all the following aspects of the role:

• Lead/Assist in the implementation of the actuarial code provided with Prophet's liability libraries (including US360) and the Asset Liability Strategy (ALS) Library.
• Perform model reviews and deliver optimization reports based on customer models
• Design, structure and develop code during customer projects as required.
• Provide customer training to customers across the range of available Prophet training courses
• Assist in the presales support of Prophet where required
• Local onsite customer assistance where required
• Prototyping US regulatory models in Prophet What you bring:
  
  Essential Skills:
  • Substantial experience (7 years +) working for an insurer or consultancy with a strong USA regulatory background for annuity & life business, with a good awareness and knowledge of USA regulation including VM21, developments for LDTI and International Financial Reporting Standards (e.g., IFRS17)
  • The ideal candidate would also possess a strong interest in modelling using actuarial systems, and a strong working knowledge of using Microsoft Excel, Word and PowerPoint.
  • Strong knowledge of the Prophet actuarial system or demonstrable equivalent experience with another actuarial calculation projection system is very important to the role. Candidates with Prophet experience will possess a good working knowledge of the various Prophet components (including the Data Conversion System and Excel Reporting) for both deterministic and stochastic modelling and will have created products in Prophet's actuarial NA and/or US360 liability libraries. It would also be beneficial to have an awareness of potential performance bottlenecks and solutions when using Prophet. Added bonus if you have
    • Knowledge of US Regulation and US GAAP, PBR, DTI etc.
    • Actuarial Modelling Experience ( Prophet Preferred )
    • Spanish Language Skills also a bonus. What we offer you
      • A multifaceted job with a high degree of responsibility and a broad spectrum of opportunities
      • A broad range of professional education and personal development possibilities - FIS is your final career step!
      • A competitive salary and benefits
      • A variety of career development tools, resources and opportunities .
        
        Privacy Statement
        
        FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice .
        
        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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