Position:  Reserving Actuary
 
Company: Reinsurance
 
Location: France
 
Job ID: 38665
 
Responsibilities:
-Responsible for maintenance of all valuation models that use Moody’s AXIS actuarial software
-Track software issues and act as main contact with Moody’s for software development needs and bug fixes
-Track IT concerns and act as main contact for IT regarding infrastructure, technology, and licencing matters relating to AXIS
-Mentor and guide other team members in the use and development of models and tools
-Assist in setting up newly won business in AXIS reserving models
-Promote communication amongst valuation modelers to facilitate knowledge transfer and a collaborative environment
-Ensure each product team follows a robust control framework and completes appropriate model testing and documentation
-Develop and enforce best practices for model governance
-Work closely with pricing modelling leads to ensure alignment of models between pricing and reserving
-Maintain relationships and information exchanges with North America Life valuation and pricing modelling leads
-Ensure sufficient model controls for SOX, internal and external audit requirements
-Oversee analysis of future potential model improvements or updates
-Coordinate Moody’s AXIS update implementations and testing with IT and modeller staff
-Work with LDTI and IFRS 17 project leads to understand requirements for the extension of the AXIS valuation models to ensure compliance with the standards.
-Work with consultants to complete final steps of model migration and modernization

Qualifications:
-Qualified Actuary or experienced professional with university degree in relevant field (Actuarial, Statistics, IT, Engineering)
-5 or more years working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience with a strong AXIS model development background.
-Prior experience in the modelling of financial reporting regimes, including USGAAP LDTI, IFRS 17, SII, BMA and MAS, would be advantageous.
-Knowledge in relevant software: AXIS/Risk Integrity/IFRS 17 Link/US GAAP Link/R/SQL/Excel/VBA/Business Objects
-Strong product understanding and IT and data management skills;
-Reinsurance knowledge is an asset
-Strongly driven to streamline business processes, with an emphasis on automation and maintainability
-Experience in specification, development and testing of actuarial and data transformation software
-Organized, able to work in a matrix structure
-Able to set and manage priorities
-Strong communication skills and proficiency in English
-High motivation, team-orientation
-Keen to work with other cultures