Oliver James Associates

AXIS Modelling Actuary - Health and Life

3 days left

Republic of Ireland, Dublin
£72288.80 - £99397.10 per annum + Negotiable
25 May 2021
24 Jun 2021
Jack Lynch
Contract Type
Full Time

Our international insurer client is seeking to appoint a Senior Axis Modelling Actuary

They offer an international environment, where you will be challenged, can learn from Senior Specialists and are exposed to multiple sections of our business, with a structure that fosters collaboration with various stakeholders.

Core aspects of the role:

  • Responsible for maintenance of all valuation models that use Moody's AXIS actuarial software
  • Track software issues and act as main contact with Moody's for software development needs and bug fixes
  • Track IT concerns and act as main contact for IT regarding infrastructure, technology, and licensing matters relating to AXIS
  • Mentor and guide other team members in the use and development of models and tools
  • Assist in setting up newly won business in AXIS reserving models
  • Promote communication amongst valuation modelers to facilitate knowledge transfer and a collaborative environment
  • Ensure each product team follows a robust control framework and completes appropriate model testing and documentation
  • Develop and enforce best practices for model governance
  • Work closely with pricing modelling leads to ensure alignment of models between pricing and reserving
  • Maintain relationships and information exchanges with North America Life valuation and pricing modelling leads
  • Ensure sufficient model controls for SOX, internal and external audit requirements
  • Oversee analysis of future potential model improvements or updates
  • Coordinate Moody's AXIS update implementations and testing with IT and modeller staff
  • Work with LDTI and IFRS 17 project leads to understand requirements for the extension of the AXIS valuation models to ensure compliance with the standards.
  • Work with consultants to complete final steps of model migration and modernisation

About you

  • Qualified Actuary or experienced professional with a university degree in relevant field (Actuarial, Statistics, IT, Engineering) with 5 or more years working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience with a strong AXIS model development background.
  • Prior experience in the modelling of financial reporting regimes, including USGAAP LDTI, IFRS 17, SII, BMA and MAS, would be advantageous.

Technical skills

  • Knowledge in relevant software: AXIS/Risk Integrity/IFRS 17 Link/US GAAP Link/R/SQL/Excel/VBA/Business Objects
  • Strong product understanding and IT and data management skills;
  • Reinsurance knowledge is an asset
  • Strongly driven to streamline business processes, with an emphasis on automation and maintainability
  • Experience in specification, development and testing of actuarial and data transformation software

Personal and communication

  • Organized, able to work in a matrix structure
  • Able to set and manage priorities
  • Strong communication skills and proficiency in English
  • High motivation, team-orientation
  • Keen to work with other cultures

For more information get in touch via the below details..

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