Lead - Prophet Modelling (Actuarial)

About the Role

We are seeking an experienced actuarial professional specialized in Prophet Modelling to aid in actuarial valuations, IFRS reporting, business planning, and shareholder reporting. The position entails developing, maintaining, and enhancing actuarial models and requires consistent collaboration with internal teams.

Key Responsibilities

• Create and implement Prophet models for upcoming products, accompanied by thorough documentation and corresponding Excel models.
• Oversee and upgrade current Prophet models, applying regression-based techniques and maintaining strict version control protocols.
• Enhance model usability and efficiency for various teams including Valuation, Business Planning, and Shareholder Reporting.
• Ensure models comply with Ind AS (IFRS) reporting standards by timely updates.
• Boost model performance through structural and speed optimizations.
• Assist in model review and validation processes with internal auditors and external reviewers.
• Incorporate modifications and updates that reflect evolving business needs.
• Maintain high standards of model governance and documentation.

Required Skills and Competencies

• Proficiency in Prophet Modelling software.
• Practical experience with Data Control System (DCS), programming in R, and Microsoft Office tools.
• Familiarity with advanced modelling methods, including loops, time-dependent variables, and array structures is advantageous.
• Understanding of Ind AS (IFRS) accounting standards is preferred.
• Strong communication abilities.

Experience and Qualification

The ideal candidate will have three to six years of professional experience within an actuarial modelling team specializing in life insurance. Additionally, completion of between five and eight actuarial examination papers is necessary.