Overview

We are looking to hire a Senior Developer to specialise in Asset Liability Management (ALM) Modelling within the Divisional Business Services, Actuarial Systems Team at Pacific Life Re, a major global player in Life Reinsurance.

As well as supporting our Actuarial functions around the globe, the team is increasingly working with the wider business to ensure we are well positioned to embrace the rapidly changing technical landscape.

In close collaboration with Pricing, Corporate Actuarial, ALM and IT Infrastructure teams you will be actively involved in the design, development, maintenance and enhancement of the ALM system that is used to support risk, capital, and strategic decision-making for Pricing and In-force business.

With a proactive approach to problem solving, you will constantly strive to improve all aspects of the actuarial systems workflow focused around the ALM modelling suite, including calculation accuracy, process automation and system performance.

The Role

We are looking for an experienced modeller with a strong demonstrable background in asset and ALM modelling to join our growing team.

This Highly Motivated Individual Would Support The Following Activities

• Support on various aspects of the development, maintenance and enhancement of a robust set of actuarial modelling ALM tools and processes


• The key tasks cover all aspects of our E2E process, including review of business requirements, drafting of technical specifications, implementing model updates and testing and reviewing changes


• To develop and maintain strong working relationships with all key users and stakeholders


• Support the development and maintenance of documentation, process notes and user guides


• Excellent coding capabilities, acting in line with best practices. Propose, design and implement optimisations that enhance the performance of our ALM suite and the associated workflows


• Demonstrate ability to identify and prioritise high value outcomes in terms of various competing priorities and in context of time/resource/design constraints


• Proactively contribute to various wider AST strategic objectives and focus areas outside of day-to-day role

Skills & Experience

• Part qualified / Qualified actuary with experience in life insurance or life reinsurance


• Demonstrable model development experience in an ALM and asset modelling context, with a preference for FIS systems such as Prophet (US360 and ALS libraries) and Enterprise Manager


• Understanding of ALM fundamentals, such as asset classes and their valuation, liability structures, matching and hedging and market risk dynamics


• Demonstrable interest in long-term actuarial modelling role


• Familiarity with the Bermuda (BMA) regulatory framework is a plus


• Wider programming and scripting skills are a plus, e.g. Python, SQL, R or VBA


• Advanced understanding of Microsoft Excel and Word


• Excellent written and verbal communication skills, and the ability to build and manage relationships with stakeholders in Actuarial and non-Actuarial teams


• Good analytical skills and a demonstrable ability to plan and prioritise workloads and deliver to deadlines


• Track record of challenging / improving processes and focus on continuous improvement


• Experience drafting and prioritising model requirements


• Experience with Agile delivery methods desirable

Competencies And Behaviours

• Ability to work on own initiative and proactively manage a varied and demanding workload


• Effective communication skills, both verbal and written


• Proven focus on quality, ensuring deliverables are accurate and fit for purpose


• Proven ability to work with other functions, developing and maintaining working relationships


• Ability to understand and apply new concepts quickly, showing initiative, flexibility, and resourcefulness


• Adaptability to change and evolving environments


• Pragmatic, able to balance accuracy with effort


• Willingness to challenge the status quo

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee\'s involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits

Only for permanent and fixed-term employees.

Leave

• 25 days of annual leave with option to buy/sell more days


• Adoption and fertility leave


• Generous enhanced parental leave

Healthcare

• Comprehensive private insurance coverage for employee and dependents


• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary


• Optical benefits

Savings & Retirement

• 15% combined employee/employer contributions

Wellness

• Subsidized gym membership


• Access to Employee Assistance Program


• Cycle to Work and Electric Car Salary Sacrifice Scheme


• Time off for volunteering


• Charitable matching of employee donations

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Pacific Life Re Values.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Engineering and Information Technology


• Industries