Job title: L&H Modelling Actuary
Job type: Permanent
Emp type: Full-time
Industry: Reinsurance
Expertise: Actuarial Risk Management Underwriting
Skills: life health modelling reserving
Location: Zurich, Dublin or Paris
Job published: 16/09/2020
Job ID: 32689

Job Description

Our client, an international reinsurer, is looking for a L&H modelling actuary to join their offices either in Dublin, Zurich or Paris.

The L&H modelling actuary will be responsible for:

  • The maintenance of all valuation models that use Moody’s AXIS actuarial software
  • Tracking software issues and acting as main contact with Moody’s for software development needs and bug fixes
  • Tracking IT concerns and acting as main contact for IT regarding infrastructure, technology, and licencing matters relating to AXIS
  • Mentoring and guiding other team members in the use and development of models and tools
  • Assisting in setting up newly won business in AXIS reserving models
  • Promoting communication amongst valuation modelers to facilitate knowledge transfer and a collaborative environment
  • Ensuring each product team follows a robust control framework and completes appropriate model testing and documentation
  • Developping and enforcing best practices for model governance
  • Working closely with pricing modelling leads to ensure alignment of models between pricing and reserving
  • Maintaining relationships and information exchanges with North America Life valuation and pricing modelling leads
  • Ensuring sufficient model controls for SOX, internal and external audit requirements
  • Overseeing analysis of future potential model improvements or updates
  • Coordinating Moody’s AXIS update implementations and testing with IT and modeler staff
  • Working with project leads to understand requirements for the extension of the valuation models to ensure compliance with the new standards.
  • Working with consultants to complete final steps of model migration and modernization



  • Qualified Actuary with 5 or more years working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience with a strong AXIS model development background.
  • Prior experience in the modelling of financial reporting regimes, including USGAAP LDTI, IFRS 17, SII, BMA and MAS, would be advantageous.
  • Knowledge in relevant software: AXIS/Risk Integrity/IFRS 17 Link/US GAAP Link/R/SQL/Excel/VBA/Business Objects
  • Strong product understanding and IT and data management skills;
  • Reinsurance knowledge is an asset
  • Strongly driven to streamline business processes, with an emphasis on automation and maintainability
  • Experience in specification, development and testing of actuarial and data transformation software
  • Organized, able to work in a matrix structure
  • Able to set and manage priorities
  • Strong communication skills and proficiency in English
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