Calculation Systems Functional Architect

Job Summary

The Calculation Systems team is a dynamic, cross functional team within IT, responsible for managing quotations for both new and existing business across the Irish and German markets, as well as overseeing disclosure projections throughout the policy lifecycle.

We’re seeking a candidate who’s keen to combine their actuarial expertise with gaining a broad understanding of technology and the underlying calculations architecture. If you’re eager to innovate and lead at the intersection of actuarial science, IT and Business strategy to help shape our calculation solutions for the future this role is for you.

The successful candidate will play a pivotal role in calculations modelling and in decommissioning and consolidation of legacy calculation systems, facilitating the transition to the standardised architecture established for online quotes.  The position requires collaboration with a wide network of stakeholders including Propositions, Marketing, Actuarial Operations, Operations, Compliance, Business Change, Architecture and IT (encompassing both internal teams and third-party suppliers).

Your Role

Your main responsibilities will include (but will not be limited to) the following:

Product & Calculation Modelling

• Collaborate with Propositions, Actuarial Operations, Architecture, IT, and external suppliers to deliver strategic solutions for product rules and calculations modelling.
• Ensure robust change control, validation, and documentation of calculation logic and product rules.

Strategic Leadership

• Drive the transition from legacy calculation systems to our new streamlined architecture in partnership with the Calculation Systems Lead and senior stakeholders.
• Ensure customer and regulatory needs continue to be met during the transition phase.

Test Automation & Standardisation

• Champion test automation and process standardisation for efficient, auditable project delivery and ongoing updates.

Mentoring & Support

• Mentoring actuarial trainees fostering a culture of continuous improvement, professional development, risk awareness and a positive team spirit.

Regulatory Awareness

• Gain expertise in key regulations and actuarial standards to ensure compliance in all calculation models and processes.

Impact Assessment

• Build a deep understanding of the calculation services, and how they interact with both customer facing and core policy administration systems.
• Conduct thorough impact assessments for new project requests, enhancements, and regulatory updates, ensuring all dependencies and integration points are considered.

Stakeholder Management

• Develop strong relationships and build consensus among stakeholders to achieve common goals.
• Manage calculation requirements and relationships with third-party vendors.

Project Delivery

• Provide actuarial leadership on projects, guiding business requirements, calculations design, test strategies and defect resolution to deliver compliant, customer focused solutions which align with our simplification and digital strategy.

Your Skills and Experience

As the Calculation Systems Functional Architect your skills and experience will include:

•    Qualified/ Nearly qualified actuary.
•    Excellent analytical, numeracy and problem-solving skills.
•    Excellent verbal and written communication skills with an ability to explain complex calculations and modelling concepts to both technical and non-technical audiences.
•    Excellent leadership and decision-making skills and confidence to provide actuarial direction on projects.
•    Excellent interpersonal skills with ability to build relationships, facilitate consensus, and manage diverse stakeholder requirements.
•    Expertise in ZLAP’s life and pension products, with knowledge of LiFE/400 an advantage.
•    Keen interest in systems and processes.
•    Competent in respectfully challenging ideas to reach the best outcomes.
•    Proven experience in project delivery an advantage.
•    Ability to step back and to assess risks and strategic opportunities from a holistic, macro perspective.
•    Highly motivated and adaptable, thriving in a fast-paced environment with shifting priorities.

Additional Information

Primary work location is Blackrock, Co.Dublin.

If you value an exciting and varied working environment and meet the above requirements, then our recruiter is looking forward to receiving your application by clicking on the button “Apply online”.

Who we are

Zurich is one Ireland's leading insurance companies providing a wide range of general insurance and life insurance products and services. The company employs over 1,000 people across its locations in Dublin and Wexford. 

Zurich is a strong brand, Zurich in Ireland is part of Zurich Insurance Group, a leading multi-line insurer that serves its customers in global and local markets. Our 55,000 employees worldwide form the basis of our success, helping our customers in 210 countries and territories to understand and protect themselves from risk. In order to deliver our services, we offer a competitive compensation package and interesting opportunities for further training & development. As a Zurich employee you benefit from a multitude of advantages as well as a strong culture, characterized by acceptance, diversity and team spirit. 
 
At Zurich we are an equal opportunity employer.  We attract and retain the best qualified individuals available, without regard to race/ethnicity, religion, gender, sexual orientation, age or disability.

This role may be available part-time or full time. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time.  Please talk to us at interview about the flexibility you may need.