Actuarial Modelling Expert

3 weeks ago

London, Greater London, United Kingdom Vitality Corporate Services Limited Full time
About The Role

We are seeking an experienced Actuarial Specialist to join our team at Vitality Corporate Services Limited. As a key member of our actuarial team, you will be responsible for developing, maintaining, and enhancing our actuarial model using Prophet.

Key Responsibilities
  • Design, develop, and implement actuarial models using Prophet.
  • Customise and enhance existing models to meet specific business needs and regulatory requirements.
  • Collaborate with the wider actuarial team to understand business requirements and translate them into technical specifications.
  • Liaise with other departments, such as IT and finance, to integrate models into broader business processes.
  • Ensure models are accurate, efficient, and compliant with regulatory standards.
  • Perform model validation and testing to ensure reliability and accuracy.
  • Ensure a robust and audit-standard model change control process is maintained with associated documentation.
  • Maintain comprehensive model documentation, including methodologies, assumptions, simplifications, and limitations of the model.
  • Engage with external and internal auditors on model developments used for actuarial valuations.
  • Provide support for model-related queries and issues.
  • Ensure all actuarial practices comply with regulatory requirements and professional standards.
  • Stay updated with industry trends and advancements in actuarial modelling.
  • Provide training and mentoring to junior actuarial staff, fostering a collaborative and supportive team environment.
Requirements
  • A actuary or senior actuarial student with a passion for actuarial modelling.
  • Extensive experience in Prophet development with expert Prophet modelling skills.
  • In-depth experience in Life actuarial valuations (IFRS17 and Solvency II).
  • Excellent communication and interpersonal skills.
  • Ability to work effectively with different stakeholders in the business.
  • Ability to work under pressure and within a dynamic and changing environment.
What We Offer
  • A competitive salary and amazing benefits.
  • A bonus that regularly rewards you for your performance.
  • A pension of up to 12% with company matching.
  • Our award-winning Vitality health insurance.
  • Life Assurance.

We are committed to diversity and inclusion, and we welcome applications from candidates from all backgrounds. If you are successful in your application and join us at Vitality, we promise to help you be the healthiest you've ever been, create an environment that embraces you as you are, and provide opportunities for you to be a force for good in society.

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