View other jobs available on society of actuaries job center. Sep 20, 2017 please take into account im writing this from one point of view and attempting to generalise from there. To help insurance companies manage their highperformance computing needs, milliman launched mg alfa, which uses azure to distribute highly complex, missioncritical computing tasks across cloudbased resources, resulting in scalable, supercomputerlevel processing capability at a lower cost and with fewer it resources than through traditional onpremises it deployments. Mgalfa, systems like this are an ideal solution for highly productive, scalable actuarial modeling. This wellknown firm is seeking an actuary with at least 46 years of actuarial experience to provide leadership and support for cash flow testing and statutory financial reporting. The work is very challenging, the development team is exceptional and the stakeholders are great to work with. Lead developer of financial projection models using mgalfa actuarial software. Mohamed rady, asa senior pricing analyst bt linkedin. Alfa modeling and process development develop alfa logic and tools to improve modeling and reporting efficiency and gain insight into results analysis. Build and maintain pricing models, work on valuation, cash flow testing, business strategy, financial reporting, forecasting and other assignments. Mgalfa is the first actuarial system to use cloud computing microsoft azure, allowing users to leverage virtually unlimited computing resources to perform computeintensive, missioncritical.
Integrate takes a holistic, forwardlooking approach to the automation and governance of actuarial modeling and reporting. Valea is affiliated with the seattle office of milliman, having joined the firm in 1999. Microsoft customer storytop actuarial firm transforms the. Axis experience is a plus, but training in axis and the ggy system will be provided. Tim deitz principal life technology solutions milliman linkedin. It models both insurance liabilities and assets and offers full alm functionality for integrated financial projections. Actuarial post names millimans mgalfa best 2015 actuarial. John lynch actuarial software developer welis, llc. Modeling section, issue 8, november 2018, the modeling. Exposure to actuarial modeling software such as aon. Anybody out there have any opinions on millimans alfa system. At the core of this industrychanging product is mgalfa, a system that. Actuarial careers southwest jobs in az, ca, co, hi, nm, nv, and ut.
Dec 08, 2016 milliman today announced that its mgalfa software, a financial modeling and actuarial projection system for insurance companies used for product development and pricing, financial management, risk management analysis, and regulatory compliance, won best actuarial software for 2015 as determined by actuarial post. Must have solid mgalfa modeling experience along with strong technical skills. We now offer a variety of grid options so you can create the infrastructure that best suits your budget and financial. For small and medium businesses, ibm offers the ibm bladecenter s, providing the power of a data center in a deskside form factor. Mg alfa is millimans financial modelling solution and actuarial projection system for insurance companies. The ideal candidate will combine strong software development and systems. After laboring for years as an actuary with prophet, mg alfa, and other dinosaur modeling programs, andy smith had enough. After laboring for years as an actuary with prophet, mg alfa, and other dinosaur. I worked for the mg alfa division of milliman for 18 months. Most of what i see is either hacked together internally by actuaries, or painfully built via is collaboration. Experience prior to taking on her current role, valea was a software technician and developer. Search for and apply to open jobs from society of actuaries job center.
If you are looking for cutting edge, complex actuarial software development, desktop and cloud solution design, its a great place. Designed, developed, and supported by milliman, mgalfa has been the choice of the worlds leading insurance and financial companies. Blessing dumbura rafm actuarial tester and developer. Powered by microsoft azure, integrate reimagines the relationship between people, processes, and technology and unlocks the full potential of actuarial staff. Northeast insurance company is in search for a selfmotivated asa or fsa with 5 years of actuarial experience, the ideal candidate would have experience designing and developing new life and annuity products, possess excellent communications skills, and be familiar with using actuarial software, specifically mg alfa. Millimans seriatim, production valuation software system, mgtriton, has offered unparalleled reliability to our clients since 1993. A stable team that cross trains on actuarial, software engineering. This incumbent will support the development and maintenance of models in both polysystems and mg alfa. Milliman wins insurance risk award for best actuarial. Top actuarial firm transforms the insurance industry with. It is used for business planning, product development, financial reporting. Obviously the answer depends on your abilities, your desires and your needs. Actuarial resources corporation arc is a nationally recognized actuarial software and consulting firm.
Mg alfa long term care capabilities 3 morbidity modeling first principles approach separate incidence, utilization, mortality, and recovery rates for experience and each reserve basis statutory, tax, and gaap, by all care paths alf, hhc, and nh support for transfers between care paths tracking of up to 11 populations from. Actuarial software modeling and client support pr10405. Prophet or mg alfa or axis software experience ideal. The team provides actuarial support to the software development team as well as provides client support, software. Actuarial post names millimans mg alfa best 2015 actuarial software. Mg alfa solution delivers hpc for financial modeling capability to help insurance firms gain greater confidence in their decisionmaking. Milliman pioneered the grid enablement of actuarial projection software. My experience in the full software lifecycle which gives me a unique perspective on how to develop, improve and interlink actuarial models to the rest of the business systems. They are both plausible career choices for someone who is hardworking and smart. This involves debugging model code and using many actuarial techniques in order to come to a solution. Initial setup of salamas products on the mgalfa software, where the software was adopted, through modifying the database and reports to fit the nature of takaful operations.
Laura richman actuarymgalfa specialist milliman linkedin. Windows hpc server 2008 and mg alfa offer a complete solution for firms that want to maximize hpc hardware and actuarial software investments. Improved productivity more accurate models that run faster. Craig stevens mgalfa actuarial analyst phoenix group. Im wondering just how many companies are actually using the system for pricing andor cash flow testing. Andy quickly became the lead model developer for the team, and he started. John lynch actuarial software developer welis, llc linkedin.
Currently responsible for managing the mgalfa actuarial support team. Dec 22, 2015 actuarial post names millimans mgalfa best 2015 actuarial software. And software development is definitely one of them in the actuarial field. Western usa life software developer for position 67815, a western usa insurer is searching for a life actuarial software developer. Actuarial post names millimans mg alfa best 2015 actuarial software mg alfa noted for its flexibility and speed. Integrate builds on our bestinclass mgalfa software, representing a paradigm shift in the delivery of actuarial software, technology, and solutions. A new actuarial software modeling and client support pr10405 job is available in, work remotely. I am an actuarial modeller with strong experience in rafmmoses and prophetals and a strong background in traditional software development. There are several choices of actuarial modeling software in the market. Milliman milliman risk systems including mgalfa and. Strong organizational, technical and communication skills.
Hundreds of insurance professionals at more than 200 companies around the world rely on our software every day for the accurate loss information they need to make strategic and timely business decisions. Experience with mg alfa actuarial modeling software. Milliman wins insurance risk award for best actuarial modeling software. Dec 22, 2015 milliman today announced that its mgalfa software, a financial modeling and actuarial projection system for insurance companies used for product development and pricing, financial management, risk management analysis, and regulatory compliance, won best actuarial software for 2015 as determined by actuarial post. The software can be used by the relevant people within the organization once they have been trained. Mgalfa is the first actuarial system to use cloud computing microsoft azure, allowing users to leverage virtually. Above all, must be proficient in using actuarial modeling software, mgalfa preferred.
Pondering career switch from software developer to actuary. He decided to make what every actuary wantsmodeling software that is draganddrop intuitive, limitlessly scalable, transparent, and flexible with its data input and output. Mg alfa is the first actuarial system to use cloud computing microsoft azure, allowing users to leverage virtually unlimited computing resources to perform computationintensive, missioncritical work at a small fraction of the cost of owning and operating those data processing resources. Actuarial post names millimans mgalfa best 2015 actuarial software. The team provides actuarial support to the software development team as well as. Unless you are uber nerd and have no life you will almost certainly only take one exam per time, so count on taking two exams per year. About currently responsible for managing the mgalfa actuarial support team. My company primarily uses mg alfa and polysystems, but we still have. Top actuarial firm transforms the insurance industry with cloud modeling platform. Actuarial consulting actuarial resources corporation. It takes advantage of azure for complex computational tasks, and leverages services such as azure data factory and. 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.