Sr. Analyst Prophet Modeler Life Insurance (UK).
The Senior Actuarial Analyst will support Prophet modelling initiatives, contributing to actuarial valuation, risk, Data cleanup processes. The role involves hands-on model development, testing, analysis, and documentation, working under established governance frameworks to ensure accuracy, transparency, and regulatory compliance.
Key Responsibilities
- Develop, maintain, and enhance Prophet Models to support valuation activities.
- Interpret and validate data, assumptions, application codes, and model outputs, providing clear explanations and documentation.
- Perform integration of models and developments.
- Perform model testing, including reconciliation, sensitivity testing, and scenario analysis.
- Assist in production runs and ensure timely and accurate delivery of actuarial results.
- Support model documentation, change management, and audit or validation reviews.
- Collaborate with cross-functional teams (finance, risk, IT, and business) to support business and regulatory requirements.
- Contribute to continuous improvement of modelling processes and controls.
Skills
- Working knowledge of Prophet or other actuarial modelling software (e.g., IGGY Axis, MG-ALFA, or similar).
- Understanding of life insurance products and core actuarial principles.
- Proficiency in Excel and VBA; familiarity with SQL or Python/DCS for data handling is an advantage.
- Strong analytical, problem-solving, and numerical skills.
- Ability to explain technical results clearly to both actuarial and non-actuarial stakeholders.
- Good documentation and report-writing skills.
Competencies
- Strong attention to detail and accuracy in model development and analysis.
- Ability to analyze complex datasets and interpret actuarial results.
- Effective teamwork and communication skills.
- Willingness to learn and adapt to changing regulatory and business requirements.
- Ability to manage multiple tasks and meet deadlines.
Qualifications
- 36 years of relevant work experience in actuarial modelling or valuation.
- Bachelor's or Master's degree in Actuarial Science, Statistics, Mathematics, or Economics.
- Progress toward actuarial qualification with 36 actuarial exams from IAI or IFoA.
- Exposure to actuarial model development, valuation processes, and reporting across one or more lines of business.
