Life Actuarial Developer - Senior

Our opportunity 
Life Actuarial Developer - Senior #LI-Hybrid

Want to become a member of an energetic diverse team working on a key life actuarial projects on a global scale? We offer you possibilities to work in an international environment and deepen your knowledge further, particularly in Prophet  modelling tool and IFRS 17. We are looking for a person willing to take on responsibility for challenging methodological and development tasks in various actuarial or model development areas. Previous experience with life actuarial models and products is a must and understanding of IFRS17 Standard is of an advantage. Are you ready to take step forward in your career, we are happy to support you on your way!

Your role 
As Life Actuarial Developer, your main responsibilities will involve:

• Development of life actuarial models in Prophet covering various libraries including ALS
• Development focus on improvement of IFRS 17 CFs projections and their processing for central IFRS 17 life calculation engine (IFRS17 Prophet plug-in)
• Automation of processes around the preparation of inputs for Prophet models and processing of Prophet outputs for reporting purposes
• Optimization of models to reduce the run time to meet hard IFRS 17 reporting deadlines
• Consultancy and implementation of IFRS 17 methodology in local Prophet models within Zurich entities
• Support governance around running models in Prophet (PMCS, PE)
• Various interesting ad-hoc projects in PowerBI or in Python development

Your Skills and Experience
As Life Actuarial Developer, your skills and experience will ideally include:

• Excellent communication skills in English, 
• Ability to analyse and lead development of complex life actuarial topics
• Creativity, open minded and proactive approach, inquisitive
• University degree in actuarial science, Statistics, Mathematics or similar.
• Experience with actuarial software Prophet
• Experience with actuarial software Risk Agility or MG-Alfa is an advantage
• Experience with programming welcomed (e.g. Python, PowerBI)
• Strong understanding of life insurance products and their reporting under various frameworks (IFRS 4, MCEV, Solvency II)
• Previous experience in life actuarial (5+ years) is expected (pricing, valuation, risk management)

We offer

Apart from minimal monthly salary offer starting from 3000EUR/gross and a yearly bonus we offer benefits package which includes:

Working time benefits
Personal days off, Concentrated work week, Additional vacation, Home office, Extra days off at occasion of childbirth, Sabbatical leave

Monetary benefits
Life insurance from Zurich Austria, Compensation for salary loss during sick leave, 3rd pension pillar contribution, Risk Life Insurance, Meal contribution on top of the legally required minimum, Years of service bonus, Wedding bonus, Baby bonus
 

Other benefits
Edenred electronic cafeteria, Public Transport contribution, Maternity leave benefits, Company and team events, Free parking at the office building, Massages in the office
 

Learning/Development
Professional Certifications, Online Education Portals, Extensive Onboarding program, Strengths based culture (GALLUP)

• Location(s): Bratislava
• Schedule: Full-time
• Hybrid working: It would be nice to meet you in the office 2-3 times a week, if you live close by. We are also open to hear your preference to work from home more often.

About us
At our company, we recognize the importance of fostering an open-minded, safe and inclusive environment for everyone. We stand with diversity and respect different backgrounds and lifestyles. That's why we've implemented numerous initiatives to ensure our employees feel comfortable, accepted and respected at all times.