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Actuarial Product Development Manager Senior for FIS Insurance Risk Suite

FIS
United States, New York, New York
May 28, 2025

Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Science

Travel Percentage :

15 - 25%

Job Description

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we'd like to ask you: Are you FIS?

About the role:
We sit at the forefront of the Insurance modelling industry and empower insurers and reinsurers around the world with the tools and services they need to reliably manage their risks. As a Senior Manager within the Risk Solutions Management and Strategy team you will be part of a team responsible for driving business strategy and meeting customer and industry needs, with a focus on the Americas. You will use your excellent client relationship management skills to understand our client's needs, establish credibility and build positive professional relationships. To support this, you will have a detailed understanding of the needs of insurers and the regulatory environment.

About the team:
The award-winning FIS Insurance Risk Suite helps you automate and control all actuarial processes, cost-effectively achieve compliance, and respond with agility in a volatile market that's rife with emerging risks.

What you will be doing:

Key responsibilities include:
* Leading strategic discussions with our clients to ensure the solution is meeting their needs, in terms of new regulation, managing their risks and optimization of costs
* Will need to build strong internal relationships across the organization and working with peers in other countries
* Feeding into the wider product needs and assisting solution leaders with developing roadmaps and strategy across the Risk Management suite
* Aligning with internal teams such as professional services, customer services and managed services on customer needs, roadmap and strategy
* Working closely with our senior sales, business development and account management teams to help grow the business and support our clients
* Working closely with the development team to ensure products meet customer expectations and aligns with strategy
* There is an expectation of a level of travel meeting our customers, although much can be done virtually

What you bring

* Strong knowledge and hands on experience of FIS' Insurance Risk Suite (formerly known as Prophet) or other similar risk platform
* Strong industry and regulatory knowledge on topics such as IFRS 17, PBR or LDTI gained through working in an insurer, consultancy or software vendor
* Knowledge of latest technology and trends that are relevant to leading risk systems
* Experience in leading projects, engagements and people
* Excellent communications skills and able to liaise with different levels of seniority, both internally and externally
* General business skills, industry knowledge, financial management and planning skills, long-term vision and executive presence
* FSA, ASA or equivalent actuarial qualification with strong background in insurance and actuarial systems and all aspects of actuarial work
* Experience working on international projects and assignments or within a global team

What we offer you

* A multifaceted job with a high degree of responsibility, autonomy, and a broad spectrum of opportunities
* The chance to work on some of the most challenging, relevant issues within insurance & access to cutting edge technology and solutions
* A broad range of professional education and personal development opportunities
* Working on driving and implementing the strategy of one of the leading Insurance Risk products in the world
* A work environment built on collaboration, flexibility and respect
* Building a career within a large global firm with a significant presence in the Insurance and Capital Markets space

FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $170,550.00 - $286,520.00 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined by additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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