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Permanent

Senior Developer, Asset Liability Management, Actuarial Systems

London
money-bag Negotiable
AD77BE5E6655112910DF3B82B7585D4A
Posted 4 days ago

Overview

We are looking to hire a Senior Developer to specialise in Asset Liability Management (ALM) Modelling within the Divisional Business Services, Actuarial Systems Team at Pacific Life Re, a major global player in Life Reinsurance.As well as supporting our Actuarial functions around the globe, the team is increasingly working with the wider business to ensure we are well positioned to embrace the rapidly changing technical landscape.In close collaboration with Pricing, Corporate Actuarial, ALM and IT Infrastructure teams you will be actively involved in the design, development, maintenance and enhancement of the ALM system that is used to support risk, capital, and strategic decision-making for Pricing and In-force business.With a proactive approach to problem solving, you will constantly strive to improve all aspects of the actuarial systems workflow focused around the ALM modelling suite, including calculation accuracy, process automation and system performance.The Role

We are looking for an experienced modeller with a strong demonstrable background in asset and ALM modelling to join our growing team.This Highly Motivated Individual Would Support The Following ActivitiesSupport on various aspects of the development, maintenance and enhancement of a robust set of actuarial modelling ALM tools and processesThe key tasks cover all aspects of our E2E process, including review of business requirements, drafting of technical specifications, implementing model updates and testing and reviewing changesTo develop and maintain strong working relationships with all key users and stakeholdersSupport the development and maintenance of documentation, process notes and user guidesExcellent coding capabilities, acting in line with best practices. Propose, design and implement optimisations that enhance the performance of our ALM suite and the associated workflowsDemonstrate ability to identify and prioritise high value outcomes in terms of various competing priorities and in context of time/resource/design constraintsProactively contribute to various wider AST strategic objectives and focus areas outside of day-to-day roleSkills and Experience

Part qualified / Qualified actuary with experience in life insurance or life reinsuranceDemonstrable model development experience in an ALM and asset modelling context, with a preference for FIS systems such as Prophet (US360 and ALS libraries) and Enterprise ManagerUnderstanding of ALM fundamentals, such as asset classes and their valuation, liability structures, matching and hedging and market risk dynamicsDemonstrable interest in long-term actuarial modelling roleFamiliarity with the Bermuda (BMA) regulatory framework is a plusWider programming and scripting skills are a plus, e.g. Python, SQL, R or VBAAdvanced understanding of Microsoft Excel and WordExcellent written and verbal communication skills, and the ability to build and manage relationships with stakeholders in Actuarial and non-Actuarial teamsGood analytical skills and a demonstrable ability to plan and prioritise workloads and deliver to deadlinesTrack record of challenging / improving processes and focus on continuous improvementExperience drafting and prioritising model requirementsExperience with Agile delivery methods desirableCompetencies And Behaviours

Ability to work on own initiative and proactively manage a varied and demanding workloadEffective communication skills, both verbal and writtenProven focus on quality, ensuring deliverables are accurate and fit for purposeProven ability to work with other functions, developing and maintaining working relationshipsAbility to understand and apply new concepts quickly, showing initiative, flexibility, and resourcefulnessAdaptability to change and evolving environmentsPragmatic, able to balance accuracy with effortWillingness to challenge the status quoWorking For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team''s connection with each other and reflect on their successes.Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee\''s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.Benefits

Only for permanent and fixed-term employees.Leave

25 days of annual leave with option to buy/sell more daysAdoption and fertility leaveGenerous enhanced parental leaveHealthcare

Comprehensive private insurance coverage for employee and dependentsGroup Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salaryOptical benefitsSavings and Retirement

15% combined employee/employer contributionsWellness

Subsidized gym membershipAccess to Employee Assistance ProgramCycle to Work and Electric Car Salary Sacrifice SchemeTime off for volunteeringCharitable matching of employee donationsAs part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.Pacific Life Re Values

Pacific Life Re Values.Seniority level

Mid-Senior levelEmployment type

Full-timeJob function

Engineering and Information TechnologyIndustries

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