Actuarial Specialist: Model Development at Momentum Metropolitan Holdings Limited

Requirements

• Nearly or newly qualified actuary.
• Minimum of 3 years actuarial experience required.
• Previous modelling experience in either Prophet or Risk Agility will be an advantage.
• Previous experience in the Corporate Actuarial valuations environment will be an advantage.
• Intermediate SQL knowledge will be an advantage, although not essential.

Duties & Responsibilities

• Develop and maintain the actuarial models used in the production of the Metropolitan Life financial results – including but not limited to:
• Reserving calculations on statutory and reporting bases
• Embedded Value calculations for in-force and new business
• Analysis of Surplus and change in Embedded Values
• Solvency Capital Requirements (SAM/CAR)
• Asset-liability modelling
• Ongoing review, validation and optimisation of the modelling and valuation processes
• Keeping actuarial models up to date with legislative and/or regulatory requirements and changes (both locally per country and internationally), for example IFRS17 and SAM.
• Providing ad-hoc support to the valuation production teams
• Providing ad-hoc modelling support to the product and pricing teams in respect of new products

Competencies

• Adhering to the values of Momentum Metropolitan
• Drive for results and initiative
• Strive for excellence
• Attention to detail
• Business acumen
• Self-awareness and insight
• Ability to work under pressure and deal with challenges
• Collaborative
• Good people skills
• Adapting and responding to change

Closing Date: 24th, June 2022