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1 day ago
This role requires a seasoned leader to drive and deliver quarterly model changes for Moody's AXIS model. The ideal candidate will have expertise in assumption updates, new business setup, and improving model efficiency.
Key Responsibilities:- Lead and manage various quarterly model changes to ensure timely delivery
- Perform thorough testing and quantification of impacts, with clear justification
- Develop detailed documentation and communication plans for wider team collaboration
- Review and provide feedback on work done by junior members to ensure quality and meet deadlines
- Foster strong relationships with stakeholders and clients through effective communication
- Serve as the primary point of contact for Testing, Valuation, and Risk Management teams for business and model-related queries
- Bachelor's degree in actuarial science, math, statistics, engineering, or computer science, or an equivalent quantitative discipline
- 8-10 years of experience in US life insurance, with a minimum of 4-6 years in life/annuity actuarial modeling in Moody's AXIS
- Completion of 8-10 actuarial papers is desirable
- Strong knowledge of US life insurance and Variable Annuity products, including Fixed Indexed Annuities, Guaranteed Minimum Income/Death/Withdrawal benefits, Indexed Linked Annuities, Group Annuities, and Payouts
- Excellent technical skills in US STAT/GAAP regulations, including PBR, NY DFS Reg 213, LDTI DAC
- Expertise in Actuarial modeling, particularly with Moody's AXIS (scenario handling, formula tables, override application, and significant switch awareness)
- Understanding of calculation of AXIS cashflows and reserves on a first principle basis
- Proficiency in GGY AXIS modelling software, with excellent coding and troubleshooting skills
- Knowledge of Hedging, Asset Liability modelling, and derivatives in Moody's AXIS is an added benefit
- Good working knowledge of relevant actuarial concepts and methodologies
- Strong analytical ability to drive process and analytical improvement initiatives within the team
- Excellent communication, execution, and people management skills
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