Life Actuary

RESPONSIBILITIES 

• Support preparation of the reporting and regulatory requirements of Solvency II – CBI reporting, Board reporting, Pillar III QRTs, ORSAs, other Group Reporting;
• Participate in actuarial investigations into the mortality and morbidity experience of the company and assumption setting;
• Support calculation of actuarial reserves in respect of premiums and claims on a regular basis for management reporting, financial statement and prudential reporting purposes. Help to maintain robust, stable and auditable systems for calculating the required reserves;
• Develop models for producing technical provisions and capital requirements under the Solvency II regime;
• Participate in the due diligence of new acquisitions as required by the business;
• Analysis and Preparation of data from internal and external sources, data quality checking, implementation of internal controls;
• Documentation of procedures and processes;
• Contribute to our client’s risk reporting process to ensure that appropriate information is presented to senior management and Board(s); and
• Provide actuarial support to other departments, particularly the finance and risk teams. Ensure the activities and actions of the actuarial team are in the best interest of the Group and are mindful of the Group’s good standing and reputation. 

   

REQUIREMENTS 

• This role would suit a person who is a dynamic team player, who is energetic and passionate with a positive attitude with excellent communication and analytical skills who possesses a high degree of integrity and discretion; 
• Newly/Nearly qualified actuary with 3-4 years relevant actuarial experience across a broad range of disciplines, be forward-thinking and possess strong analytical skills; 
• Strong understanding of life insurance products and operational intricacies, across unit-linked insurance and guaranteed products with exposure to annuity, with-profits and protection products; 
• Knowledge of the European insurance market and some exposure to other financial and capital market sectors; 
• Ability to interact with technical and non-technical audiences at all levels, within and across organisational boundaries; 
• Strong organisational, influential and communication skills; 
• Experience in reinsurance programmes would be an advantage; 
• Proficiency in Prophet and Excel would be an advantage, as would be experience using Anaplan.