SunGard iWorks Prophet Lead Development Actuary recruitment
Job ID: 19281
Position Description:
SunGard provides solutions for the insurance industry in each of the following major business lines: life and health, annuities and pensions, property and casualty, reinsurance and asset management. SunGard's software and services support functions from the front-office through the back-office, from customer service, policy administration and actuarial calculations to financial and investment accounting and reporting.
• Assist in the development and maintenance of the actuarial code provided with the Prophet libraries
• Design, develop and enhance other modules within iWorks Prophet.
• Prototyping of Prophet library models to meet emerging regulatory developments. The current focus is on Solvency II and IFRS Insurance Contacts Phase II.
• Management of the Hong Kong division of the Library Development team, including responsibility for their day-to-day management, training, and professional and personal developments needs.
• Assist in Prophet sales and pre-sales support work.
• Provide helpdesk support to clients around the use of the Prophet libraries.
• Provide training to clients on the use of the Prophet libraries.
• Provide on-site assistance to Prophet clients for short periods.
Position Requirements:
• The ideal candidate will have minimum of five years of actuarial experience focused on the development actuarial of modelling solutions, including a good working knowledge of iWorks Prophet components and in-depth knowledge of at least one liability library. Equivalent experience gained using alternative platforms will be considered.
• Candidates should have a sound knowledge of the financial services industry, including regulatory developments in Asia and worldwide, financial products, asset liability modelling, and tax and accounting methods.
• The ideal candidate will have detailed knowledge of at least two of the following market practices and reporting standards, including their implementation using Prophet or other actuarial projection system:
- Solvency II
- Enterprise Risk Management
- Asset liability modelling
- Risk-based / economic capital modelling
- IFRS Insurance Contracts Phase II
- Regulations knowledge for at least one Asia Pacific territory
- European or Market-Consistent Embedded Values
• The ideal candidate would be a fully-qualified member of a recognised actuarial professional body. However candidates who are not fully qualified but meet the knowledge and experience requirements will also be considered.
• The ideal candidate will possess a strong background in actuarial systems development, but they should also possess knowledge of Excel, Visual Basic or similar, Word, PowerPoint.
• Knowledge of Cantonese and/or Mandarin would be an advantage.