Actuarial Product Development Assistant Manager

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About the role:

We are looking for a Product Owner to join our Actuarial Systems team, working on the design and architecture of FIS Insurance Risk Suite
We sit at the forefront of the Insurance modelling industry and empower insurers and reinsurers around the world with the tools and services they need to reliably manage their risks. We are looking for a qualified or part-qualified actuary with Prophet and modelling experience and a strong interest in
software design.

About the team:  
In the Actuarial Systems team, you will work with world-leading developers, business analysts and product owners to design new features and functionality for the suite of Prophet products, which will help keep our suite at the forefront of technological excellence, whilst building an understanding of technology, insurance and climate risks and regulatory developments affecting various industries worldwide.
As a product owner you will be expected to engage with senior management and stakeholders to ascertain specific deliverables, manage the product backlog and work with internal development teams to deliver the functionality required. You will have an interest in emerging technologies, regulatory changes relating to ‘both insurance and climate risk and their impact on global industries. It is expected that you may also be involved in other areas of the Prophet business - the extent of involvement will depend on the communication skills, proficiency with Prophet, business knowledge and personal desire of the candidate to participate in these client-facing activities.

What you will be doing:

Specify new enhancements to the and system applications in response to industry developments and product management direction to better meet customer needs. Ensure the requirements meet business approval. Communicate the requirements to relevant parties to ensure that the team fully understands the need. Understand project priorities ensuring that the most important aspects are delivered to a good quality.
Understand the potential impact of the changes to the wider system. Ensure deliveries across system components are delivered in a seamless way. Ensure all parties fully understand the requirements and contribute to the design and architecture of the Prophet applications, working alongside internal development teams
Support development teams within a Scaled Agile framework as a Product Owner and technical expert and provide feedback on whether developed functionality meets expectations. Understand the project backlog fully to prioritize work and to understand where issues may occur. Where appropriate look for solutions to any relevant project issues.
Organize training, communications and workshops to ensure that all internal teams understand new developments. Work with them to understand impact to working practices and look at solutions to mitigate impact internally and externally.
Problem solve and provide solutions to technical challenges with the aim of becoming a subject matter expert. Guide the team on technical issues. If not proficient in that area investigate other ways to fill the technical gap. Support helpdesk teams with escalated client queries ensuring quality, accurate and professional answers are given from the team.
 

What you will need:

• 7+ years of actuarial modelling experience, ideally in Prophet

• Part-qualified or qualified actuary

• Database experience, e.g. Snowflake

• Project / workflow tracking tools, e.g. Azure DevOps

• Understanding of current technological tools, e.g. cloud-based applications and microservice architecture

• Good communication and team-working skills

• Think innovatively to discover potential solutions.

• Present ideas to manager and where appropriate senior management team

Added bonus if you have:

• Project Management experience, including Scaled Agile methodologies

• Knowledge of insurance and/or climate risk regulatory developments in UK, Continental European and global markets

• Asset liability modelling and management, preferably in Prophet

• Experience managing and prioritising work

• VBA, R, C#, C++ or other programming language

• Experience of systems integration

• Application design and development tools, e.g. Visual Studio, Balsamiq

What we offer you:
At FIS, you can learn, grow and make an impact in your career. Our benefits include:  

• Flexible and creative work environment 

• Diverse and collaborative atmosphere  

• Professional and personal development resources 

• Opportunities to volunteer and support charities 

• Competitive salary and benefits

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