CONTRACT: Validation Actuary - Life

Location
Midlands
Salary
£ contract rates
Posted
12 Oct 2017
Closes
12 Nov 2017
Ref
Star4324
Experience
Qualified
Contract Type
Interim, contract & temp
Hours
Full Time

Our client, a market-leading reinsurer, is seeking a qualified life actuarial contractor to provide independent validation of the Internal Model application, contributing to the overall validation opinion.

You will assist the team’s production of the annual Stress and Scenario Testing exercise for the ORSA, defining the stresses and calibrations to run, agreeing deliverables with external stakeholders and assisting in authoring this section of the ORSA.

You will also assist the team in its role of validating the company’s Solvency II Partial Internal Model, providing opinion and review of the technical documents driving the model’s design, reviewing approaches to the calculation of stressed balance sheets, and coordinating the different views of other Risk Management functions.

In addition, you will validate the business’s compliance with the Use Test requirements of the Solvency II Partial Internal Model.

With a good understanding of life insurance modelling and projection techniques, the successful candidate will possess knowledge of the requirements of Solvency II in relation to the Risk Function.

Previous experience in using Matlab software is desirable but not essential.

Please contact us to discuss this vacancy or for an informal discussion regarding your career goals. We are very happy to perform bespoke research on your behalf.

Peter Baker, Partner

M: +44 7860 602 586

E: peter.baker@staractuarial.com

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