Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to forecast risk and liability for payment of future benefits. Our staff of 100 actuarial and systems professionals is dedicated to the development and implementation of our software and is well positioned to provide a variety of consulting services based on years of knowledge and expertise with various client models. Our actuaries and it professionals offer many consulting services to our clients, including. There are other software providers out there which would probably be similarly interested, but im not as familiar with them.
Extract programming, assumption plan coding, and reconciliation of results. Like other actuarial software platforms, axis has the functionality to model many types of assets and reinvestment strategies and meet these alm modeling demands. Insurance product management and financial reporting. Modeling section, issue 8, november 2018, the modeling. My company uses arcval which at the moment does not have the capability to perform any pbrnpr calcs. Analyze statistical data, such as mortality, accident, sickness, disability, and retirement rates and construct probability tables to. While the ifoa has taken care to ensure this is accurate, it will not accept any legal liability in relation to its contents. Factors such as poor data quality and flawed assumptions or business rules can negatively impact decision making and competitiveness. For each line of business, we have integrated modules for valuations, experience studies, source of earnings, asset.
Axis is more than an actuarial analytic modeling tool. He has nearly 15 years experience as ownerconsulting actuary of sutton actuarial. Our robust structure to link assumptions to policies allows for any combination of benefits, retirement assumptions, inflation assumptions, and expenses. Software whether you are a sales agent, insurance company, or insurance marketing organization, csg actuarial has the data and software tools to help you stay competitive in the market.
Life annuities actuarial jobs, actuary jobs, us actuarial. Life annuities actuarial jobs, actuary jobs, us actuarial recruiters. From what i know, only a handful of companies here use axis while most of the others use prophet. The axis actuarial system provides the flexibility to deploy largescale computing power through an advanced cloudbased. Senior actuarial associate resume samples velvet jobs. Prophet professional is an integrated suite of actuarial systems used primarily by insurance companies to perform actuarial calculations including profit testing, projections, reserving, asset liability modelling, stochastic modelling and risk management. However, through a unique modeling feature, known as a portfolio rate capture batch, axis. Polysystems payout annuity software offers integrated financial reporting, projection, and source of earnings capabilities from a single platform. The popular axis actuarial software is created by ggy, a toronto based company founded by phil gold, bill young, and david gilliland. Our esteemed clients are the most recognized companies in the world. At polysystems, you will collaborate with a team of motivated individuals from departments across the company, including our actuarial consulting team, software development and testing, programming, production services, and senior management. Axis is a comprehensive actuarial modeling system for life insurance companies that provides a complete and seamless integration of pricing, valuation and modeling.
Polysystems develops, implements, and supports financial reporting and modeling software for life, health, and annuity insurance products. The axis actuarial system provides the flexibility to deploy largescale computing power through an advanced cloudbased delivery platform or installed software. Actuarial jobs, career and employment resources for casualty, consulting, health, investments, life and pensions. In addition to the services listed above, he also has experience ingpv and pricing analysis of long term careconversion testing polysystems to ggyaxisvaluation of individual.
As a leading actuarial software provider, ggy axis is increasing its presence in the us market, which means the biggest players are shifting from software like polysystemsmg alfaprophet to ggy axis frameworks. Ideal candidates will have several years of mathematicallycomplex modeling experience. With continuous educational and professional changes, genworths innovative 6 days ago save job. Apply to actuary, program analyst, anaplan modeler and more. Deploy largescale computing power for actuarial and financial information. Actuarial software actuarial modeling software actuarial. A list of life and annuities jobs for actuaries that are currently available. Actuarial software and consulting services for life. For each line of business, we have integrated modules for valuations, experience studies, source of earnings, asset and liability modeling, and policy history storage. Axis, polysystems, prophet or mgalfa software experience ideal. The ability to view big picture and understand broad corporate impacts is key. Director, actuary ltc valuation, washington, washington dc. Seeking an fsa to be responsible for the analysis and maintenance of actuarial reserves and related reports in gaap, statutory, tax and other valuation bases modeled in moodys axis and other software.
Axis actuarial system high performance actuarial software. Updated reserving methodology for cash value and return of premium riders. She has experience building and testing models in actuarial software including polysystems and moodys analytics axis. It helps insurance and other financial services companies to meet their reporting. Technical exposure to longterm care products, actuarial valuationprojection and polysystems software desired ability to understand complex quantitative concepts, models and processes high level of motivation and drive for results.
Experience with long term care is a plus but not required. Payout annuities software overview polysystems, inc. The valuation software was polysystems healthmaster and lifemaster. Exposure to actuarial software ggy axis, risk agility, mgalfa, moses, prophet, andor polysystems is a plus expertise in at least one specific life insurance andor annuity product line. Actuarial consulting actuarial resources corporation. Our expertise in gaap financial reporting along with our productionbased software will help you deploy the new gaap ti standards at your company quickly, accurately, and costeffectively.
Moodys analytics axis actuarial system is widely used by life insurers, reinsurers, and consulting firms for pricing, reserving, asset and liability management alm, financial modeling, capital calculations, and hedging. Actuarial post names millimans mgalfa best 2015 actuarial. Polysystems is the best fullservice software company in the actuarial financial system market. My company primarily uses mg alfa and polysystems, but we still have a. Oct 25, 2016 moodys analytics acquired ggy on 1 march 2016. North carolina life modeling actuary fsa or asa life actuarial modeling actuary is sought by our north carolina client for position 67680. Strong knowledge of axis actuarial software or similar actuarial modeling software amgalpha, polysystems knowledge of sql sas and other programming languages seniority level. Director, actuary ltc valuation jobs in usa affinity. Pursuing a bachelors or masters degree in actuarial science, statistics or mathematics related field of study. Job juncture hiring actuary in washington, district of. It is widely used by life insurers, reinsurers, and consulting firms around the globe for pricing, reserving, asset and liability management alm, financial modeling, capital calculations. Csg actuarials comprehensive data and software tools include the marketadvisor quoting tools, marketedge realtime quote activity, marketpulse. Proficient with ggy axis and polysystems actuarial software. Strong decisionmaking skills and familiarity with actuarial modeling software required.
In fact, the axis system was the only system that actually gave us output we could test. You can check out their job posting on their website. In this role, actuarial skills will be used and further developed to analyze and explain reserve movements, to meet regulatory and company. It is an integrated system that facilitates pricing, modeling and valuation, among other functions for major life insurance companies across canada. Candidate should have a technical background including advanced excel, experience with mg alfa, polysystems or ggy axis, and programming skills in sas, vba, r, or python. Software overview polysystems develops, implements, and supports financial reporting and modeling software for life, health, and annuity insurance products.
Updated reserving methodology for specified disease, long term care, medicare supplement, and life insurance products. Babs degree in actuarial science, mathematics, statistics or comparable major must have either 1 strong axis modeling skills or deep modeling experience with other leading actuarial software mgalpha, polysystems and either ltc long term care experience or ltd long term disability. Companies such as ggy recently acquired by moodys, which produces the actuarial software axis, would likely be interested in that type of skill set. The axis actuarial system is a single comprehensive actuarial software solution for modeling of insurance and annuity products with unparalleled flexibility. Axis is a solution offered and supported by moodys analytics, a large global company that is part of the moodys corporation. Sutton actuarial long term care actuarial valuations. Ggys axis actuarial modeling system is widely used by life insurers, reinsurers and consulting firms for pricing, valuation, alm, financial projection and planning, capital calculations and projection, stress and scenario testing and hedging both in north america and globally. The lowstress way to find your next actuarial internship job opportunity is on simplyhired. In terms of actuaryspecific trends, we are seeing high demand for ggy axis experience within the pricing and modeling space. Jul 06, 2015 axis is a canadian software and it is not widely used in the market im in.
Ive only heard of prophet being used for modeling, not valuation but i could be mistaken. Updated reserving methodology for specified disease, long term care, medicare supplement, and. By applying a deep understanding of industry requirements and complex systems, we have created a costeffective, robust, and userfriendly solution for modern financial modeling. Getting the most of out of axis vol 4 oliver wyman. Velvetjobs hiring director, actuary in washington, district. New actuarial internship careers are added daily on. Mar 17, 2009 the popular axis actuarial software is created by ggy, a toronto based company founded by phil gold, bill young, and david gilliland. Feel free to throw other major softwares into the mix, but the ones that come readily to mind for me are arcval, polysystems, axis, and alfa. Please take into account im writing this from one point of view and attempting to generalise from there. There are over 58 actuarial internship careers waiting for you to apply. Babs degree in actuarial science, mathematics, statistics or comparable major must have either 1 strong axis modeling skills or deep modeling experience with other leading actuarial software mgalpha, polysystems and either ltc long term careexperience or ltd long term disability. Asafsa with experience in mgalfa, ggy axis, moses, prophet, polysystems or similar software wanted. Since 1987, we have been providing services for life, annuity, and health insurers, reinsurers, investors, lenders, guaranty associations, state regulators, producers, and attorneys needing expert advice or testimony in insurance and tax matters. Actuarial post names millimans mgalfa best 2015 actuarial software mgalfa noted for its flexibility and speed.
As a leading actuarial software provider, ggy axis is increasing its presence in the us market, which means the biggest players are shifting from software like polysystems mg alfaprophet to ggy axis frameworks. Polysystems provides actuarial software and consulting services to life, health, and annuity companies. Axis is a canadian software and it is not widely used in the market im in. This is my first job almost a year since i started and hence the only actuarial software ive come into contact with. Tax and other valuation bases modeled in moodys axis and other software. Slope was developed from the ground up by actuarial industry specialists and an enterprise software development team to simplify and empower financial projection modeling. Yet the history of axis goes backs to the infancy of the actuarial software industry in toronto, canada. How can i get manual for axis actuarial software to learn. Actuarial resources corporation arc is a nationally recognized actuarial software and consulting firm. Question on actuarial software life axis v prophet. Gain exposure to actuarial software, including ggy axis, mgalfa, and polysystems. Strong knowledge of axis actuarial software or similar actuarial modeling software amgalpha, polysystems knowledge of sql sas and other programming languages. Access software for pricing, valuation, modeling, financial projections, asset and liability management, and.
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