Overview
This is a contract position for a Financial Modeling Contractor with advanced expertise in AXIS actuarial modeling. The role involves 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 & Work Authorization
- This is a remote position.
- 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
- Agency resumes are not accepted.
- The organization is not responsible for any fees related to unsolicited resumes.
- This role is a contractor position and not a direct employment opportunity with the organization.