Re-ignite Return to Work Opportunity: QA Actuary

3 weeks ago

Bengaluru, India ZM Financial Systems Full time

Collaboration = Innovation

One leads to the other. At Moody’s, we believe good teamwork gives us an edge. We foster a culture that thrives on diverse perspectives to overcome ever-changing market challenges. Join us and let’s move the world forward together.-
Department
- Moody’s RE-IGNITE is a 16-week paid full-time opportunity designed for individuals wishing to re-enter the workforce after a minimum two-year hiatus. Through this initiative, we hope to find passionate and dedicated professionals who want to resume their career, hone their individual skills and flourish in their professional journey.
RE-IGNITERS may initially join Moody’s for a 16-week duration, with the goal that they will become permanent employees after successfully completing their temporary assignment, or they may be hired as a permanent employee from day one under our supported hiring model. In either approach, during the initial 16 weeks, in addition to the work associated with their role, RE-IGNITERS receive coaching & mentoring, leadership development, networking opportunities, and guidance on trainings that could support them in their re-entry.

The Moody’s Analytics Insurance team’s approach stands out from our competitors. We take our expertise and find ways to package it into a product which offers our customers standardized solutions. The core of our business today is delivering actuarial modelling to insurers. We provide timely insight with control and consistency, enabling effective decision-making, and reducing operational risk and cost. Our diverse team of actuaries, software engineers and product managers are committed to maintaining high-quality customer engagement.

**Our Product**
Moody’s Analytics AXIS actuarial system is widely used by life insurers, reinsurers, and consulting firms for pricing, reserving, asset and liability management (ALM), financial modelling, capital calculations, and hedging. The AXIS actuarial system provides the flexibility to deploy large-scale computing power through an advanced cloud-based delivery platform or installed software.

Role/Responsibilities
- The QA Actuary works closely with other actuaries and actuarial students, including actuarial programmers, and may also collaborate with our client support, system design and marketing professionals. At this level, the individual is seen as an expert in their field, working on testing the accuracy and robustness of the most complex new AXIS features that have a broad scope and implication over multiple modules. They may assist in other areas such as development of job specifications.
- **Primary Responsibilities**
- Lead exploratory testing to ensure quality of projects.
- Provide feedback on client requirements from a technical perspective and provide time estimates for input into client quotes. Participates in meetings with clients and take responsibility for negotiating specifications.
- Testing various complex features and bug fixes in AXIS:

- Consult with programmers to determine a formal, documented testing plan to ensure the feature or fix is functioning as expected and matches approved specifications
- Liaise with client support specialists to ensure that testing plan for client jobs will meet client needs
- Perform & sign off prescribed testing of complex features in line with the release schedule
- May include developing job-specific data to be used for future testing by the QA team
- Analyze the results of tests of tests that you have performed and provide meaningful reports to the programming team
- Clarify, review, and verify functional and non-functional requirements, ensure that specifications are complete, feasible, verifiable, and actionable.
- Contribute to the continuous improvement of testing tools and processes
- Contribute in other areas, such as developing job specification, development of technical user documentation such as help text, and/or becoming an internal expert who is consulted by others on specific areas of AXIS functionality.
- Specialize, develop expertise and provide leadership in various areas of actuarial practice.
- Participate in or may lead Interest Groups and Working Groups.
- May be required to train other individuals on the team.
- Other duties as assigned.

**Qualifications**:

- For RE-IGNITE:

- Minimum of a 2-year career hiatus.
- Minimum of 5 years work experience prior to career break.

For these roles:

- A degree in actuarial science
- FSA or equivalent actuarial designation(s)
- 5-7+ years of experience in actuarial modeling work using AXIS in the life and health insurance industry, either at GGY or elsewhere
- Demonstrated interest and aptitude for actuarial modeling work using actuarial software systems
- Strong analytical, technical and diagnostic skills
- Expert understanding of QA processes and methodologies
- Well-organized and detail-oriented
- Excellent record keeping (documentation) ability
- Able to “multi-task”, i.e. to balance multiple priorities to meet

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