SunGard iWorks Prophet Senior Actuarial Analyst recruitment

Job ID: 21634

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, including prototyping of Prophet library models to meet emerging regulatory developments. The current focus is on Solvency II and IFRS Insurance Contacts Phase II.

• 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 should have minimum of two years of actuarial experience focused on the development of actuarial models.

• The ideal candidate should have a working knowledge of iWorks Prophet Professional/ Enterprise, including at least one liability library. Equivalent experience gained using alternative platforms will be considered.

• Candidates should have an awareness of the financial services industry, including major regulatory developments worldwide, financial products. The ideal candidate should have some knowledge of asset liability modelling.

• Candidates should have some 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
German insurance regulations and industry developments
Asset liability modelling
Economic capital modelling
IFRS Insurance Contracts Phase II
European or Market-Consistent Embedded Values

• The ideal candidate would be a student member of a recognised actuarial professional body, making good progress through their exams. Candidates who have ceased studying for actuarial exams will also be considered.

• Candidates should have some experience of development in an actuarial modelling platform, and they should also possess knowledge of Excel, Visual Basic or similar, Word, PowerPoint.

• Candidates must be able to speak both German and English to business level.