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Actuary Modeler

🔥 22 hours ago

❄️ Minnesota – Remote

infoinfo

💵 $101.5k - $172.6k / year

⏰ Full Time

🟡 Mid-level

🟠 Senior

📊 Actuary

Where this job comes from

Posted on FIS's careers page, not through a job board

First seen by Remote Rocketship 22 hours ago

Still open on FIS's site. Checked 39 minutes ago.

Logo of FIS

FIS

10,000+ employees

Founded 1968

💼 Consulting

📦 Logistics

🛡️ Insurance

Consulting • Logistics • Insurance

FIS is a leading provider of technology solutions for financial institutions, businesses, and governments worldwide. It offers a comprehensive suite of banking, lending, and payment solutions designed to help entities thrive in the digital age. FIS focuses on providing advanced solutions that improve efficiencies, reduce costs, and enhance customer satisfaction by offering services such as digital banking, automated finance, wealth management, and payment processing. With its expertise in fintech, FIS powers the global economy by ensuring secure and efficient money management throughout its lifecycle, from storage and transfer to investment and compliance.

📋 Description

• Develop and enhance actuarial code within the US liability libraries, supporting life, annuity and health insurance products. • Analyze and solve complex actuarial modeling challenges with a high degree of autonomy. • Review actuarial code developed by peers to ensure accuracy, quality and appropriateness. • Ensure actuarial product deliverables are accurate, well documented and meet customer and business requirements. • Partner with other actuarial teams to develop and deliver holistic modeling solutions. • Support enhancements to Prophet modeling capabilities in response to insurance product, regulatory and reporting developments. • Communicate effectively with internal stakeholders and external partners, including clients and vendors.

🎯 Requirements

• Bachelor’s degree in Mathematics, Actuarial Science or another quantitative or science-based discipline. • At least 5 years of experience working within a life insurance organization or actuarial consulting environment. • Associate or Fellow of the Society of Actuaries (SOA), or Member of the American Academy of Actuaries (MAAA). • At least 5 years of experience using Prophet, or demonstrably equivalent experience with actuarial modeling platforms, including involvement in key business or modeling projects. • Strong knowledge of the US insurance industry and applicable regulatory and financial reporting frameworks. • Knowledge of US Statutory pre-PBR and PBR requirements, US GAAP pre-LDTI and LDTI requirements, US Tax reserves, and asset/liability management or cash flow testing. • Strong analytical and problem-solving skills with the ability to evaluate complex actuarial modeling requirements. • Proficiency in Microsoft Excel, Word and PowerPoint. • Familiarity with the US actuarial libraries supplied with Prophet, preferably the US 360 libraries. • Experience with advanced Prophet modeling techniques, including new business processing, calculation looping, rebasing, goal seeking, extended formulas, nested structures, modules, and dynamic or stochastic modeling. • Understanding of potential model performance bottlenecks and approaches for optimizing model performance. • Technical knowledge of programming and systems development. • Knowledge of cloud infrastructure and technology.

🏖️ Benefits

• Opportunities to make an impact in fintech • Personal and professional learning • Inclusive, diverse work environment • Resources to give back to your community • Competitive salary and benefits

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