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You will be updated with latest job alerts via emailJob DescriptionModel Developer and Tester for GGY AXIS model which is setup for a major Life product sold by Client in the USat times support required on annuity on performing various quarterly model changes like Assumption Updates New business setup improving model independent testing and impact quantification and provide justification. Detailed documentation and communication regarding model changes with wider teamsPrimary touchpoint for Testing Valuation and Risk Management teams for support on business and model related queries. QualificationsBachelors degree in actuarial science Math Stats Engineering Computer or equivalent quantitative disciplineTotal 3 to 4 years of experience in US life insurance with minimum 1 to 2 yrs of modelling in Moodys AXIS3 to 5 Actuarial papers ideal requirement Skills requiredGood knowledge of US Life insurance and specifically Life or Annuity products VISL Trad Fixed Indexed Annuity Guaranteed Minimum Income Death Withdrawal benefits Indexed Linked Annuities Group Annuities PayoutsExcellent technical knowledge of US STAT or GAAP regulations PBR NY DFS Reg 213 LDTI DACAdvanced level in Actuarial modeling Moodys AXIS such as handling scenarios Formula tables application of overrides awareness of significant switches in reserving assumption setsUnderstanding of calculation of AXIS cashflows and reserves on a first principle coding and troubleshooting skills in Moodys AXIS modelling of Hedging Asset Liability modelling and derivatives in Moodys AXIS is an added working knowledge of the relevant actuarial concepts and analytical abilityExcellent oral written communication and execution skills.
Qualifications :
Graduate
Remote Work :
Yes
Employment Type :
Full-time
Remote