Overview
This is a contract position for a Financial Modeling Contractor with advanced expertise in AXIS actuarial modeling. The role is remote and requires supporting model conversion, development, quality assurance, and reconciliation activities primarily focused on AXIS model conversion.
Responsibilities
- Develop, enhance, and maintain detailed financial and actuarial models using AXIS.
- Support AXIS conversion initiatives including model build and configuration, data mapping, assumption review, model testing, quality assurance, and reconciliation to legacy CASE and/or Prophet models.
- Investigate and resolve model variances.
- Develop models across one or more areas: Regular Life, Universal Life, Asset modules.
- Analyze financial and actuarial data to identify trends, variances, key performance indicators, model differences and drivers, and data quality issues.
- Forecast business performance and assess project feasibility using robust modeling techniques.
- Gather and validate data, assumptions, product specifications, and business requirements with project team members and stakeholders.
- Prepare comprehensive financial and actuarial reports, model documentation, analyses, and stakeholder presentations.
- Perform thorough validation and testing to ensure model accuracy, consistency, integrity, and reproducibility.
- Document model methodology, assumptions, test results, reconciliation outcomes, and identified issues.
- Collaborate with actuarial, finance, technology, and business stakeholders to support project delivery.
- Communicate findings, risks, dependencies, and recommendations clearly to both technical and nontechnical audiences.
Required Qualifications
- 6–9 years of experience in actuarial modeling, financial modeling, insurance analytics, or a related field.
- Advanced experience with AXIS actuarial modeling software.
- Demonstrated experience with AXIS model development and/or actuarial model conversion.
- Experience supporting AXIS conversion activities including model build, quality assurance, testing, and reconciliation.
- Experience with one or more of the following: Regular Life products, Universal Life products, AXIS Asset modules.
- Strong understanding of financial modeling principles, actuarial concepts, model validation, and data analysis.
- Experience analyzing model outputs and reconciling results to legacy platforms or reference models.
- Strong Excel and financial analysis skills.
- Excellent problem-solving, analytical, documentation, and communication skills.
- Ability to work independently while collaborating effectively in a project-based environment.
Preferred Qualifications
- Experience with CASE and/or Prophet actuarial models.
- Prior experience performing conversions from CASE or Prophet to AXIS.
- Experience with insurance product modeling, actuarial assumptions, and model governance.
- Familiarity with model testing frameworks, automated validation, and reconciliation processes.
- Experience preparing technical documentation and presentations for project stakeholders.
- Background in life insurance, actuarial consulting, financial services, or insurance technology.
Compensation & Benefits
- The expected pay range for this contract assignment is $65 - $75 per hour.
- The exact pay rate will vary based on skills, experience, and location.
- This role is contracted through a third-party whose employees provide services to the organization.
Location & Eligibility
- Candidates must be geographically based in the United States.
- Candidates must be legally authorized to work in the United States without the need for employer sponsorship.
Additional Information
- This is a remote position.
- The organization does not accept agency resumes and is not responsible for fees related to unsolicited resumes.
- The organization is not the direct employer for this role; employment is through a third-party contractor.