Actuarial Model Developer

Company: Zurich Insurance Group
Apply for the Actuarial Model Developer
Location: Douglas
Job Description:

Overview

In this role you will develop and enhance actuarial Prophet models to support IFRS 17 reporting, risk-based capital, and business planning. You will partner with stakeholders to translate requirements into robust modelling solutions while ensuring governance and regulatory compliance. The position offers collaboration in a forward-thinking team and opportunities to drive continuous improvement and automation. You will contribute to controlling models, testing, and documenting processes in a trusted, risk-aware environment.

Pay / Benefits

  • wellbeing support
  • training and development opportunities
  • volunteering and community activity
  • diversity and inclusion
  • supportive environment
  • career growth opportunities

Responsibilities

  • Develop, maintain and enhance Prophet models for IFRS 17, RBC, and business planning
  • Collaborate with stakeholders to translate requirements into modelling solutions
  • Identify process improvements through automation and new approaches
  • Ensure models and processes meet governance and regulatory standards with clear documentation
  • Perform testing and validation to demonstrate model accuracy and reliability
  • Support audit activities by evidencing governance controls
  • Contribute actuarial expertise to cross-functional projects

Key requirements

  • Prophet model development experience
  • Prophet Professional and Prophet Enterprise experience
  • Full or part actuarial professional qualification
  • Degree in Actuarial Science, Mathematics, or related discipline
  • Advanced MS Excel and MS Access/SQL skills
  • Life insurance industry experience and knowledge of unit-linked products
  • Understanding of IFRS 17 and RBC reporting requirements
  • Strong analytical, numerical, and detail-oriented skills
  • Clear communication of complex concepts to diverse stakeholders
  • Proactive mindset and drive for continuous improvement
  • problem-solving oriented
  • excellent communication
  • proactive and challenger attitude
  • Prophet model development
  • Prophet Professional
  • Prophet Enterprise

…

Posted: October 1st, 2026