Senior Actuarial Student for 6 months
- Employer
- Fairbank Partners
- Location
- Midlands
- Salary
- £600 per day
- Closing date
- 28 Nov 2019
- Reference
- GP00285
View more
- Sector
- Banking and finance, Life insurance, Reinsurance, Risk management, Solvency II, Systems
- Contract Type
- Interim, contract & temp
- Hours
- Full Time
- Experience/Function
- Qualified (executive), Qualified, Nearly qual (11+ exams), Part qual (1-10 exams)
Job Details
Fairbank Partners are working with a Reinsurer to find a Senior Actuarial Student team for an initial 6 months.
To analyse, validate and report upon the financial results on US GAAP, EVM and IFRS bases. This includes reporting requirements to Group and other stakeholders.
To ensure the sound management of this business with respect to regulatory, conduct and internal governance requirements.
- To agree the reporting timetables and manage the delivery of the required information.
- To provide suitable analysis, validation, commentary and reports on quarterly valuations (all reporting at relevant fund and entity level on the required basis);
- To liaise with colleagues in the Financial Management Division for the delivery of results on different reporting bases (USGAAP, EVM, IFRS).
Analysis to include:
- Analysis of surplus (including explanation of major variances)
- Reviewing manually calculated reserves.
- Apply knowledge to consider reasonableness of reporting results (e.g. impact of a proposed basis change).
- Support VABS analysis reconciliation between EVM and US GAAP
- Analysis and modelling of Conduct Risk initiatives
- Business Plan production
- Analysis of accounting data where required for reporting
Reports to include:
- Results summaries for Technical Provisions Committee review
- Actuarial reports/uploads and presentations to senior management
- Produce analyses of results for different metrics and reconciliations between the different reporting bases as required.(i.e. US GAAP to EVM income statement rec)
- Production of results reports and present papers to internal governance committees.
Other
- Provide mentoring of staff.
- Passed all Core Principles exams plus one later exam (CP1/SP/SA)
- Actuarial CPD requirements
To discuss this role, or to discuss your career, please submit your CV or contact Grace Pereira at Fairbank Partners on 0203 869 2000. Fairbank Partners has access to a wide range of actuarial jobs and acts as an employment agency.
Company
Fairbank Partners is one of the world's leading specialist actuarial recruitment consultancies. Covering the UK and International Actuarial market, we pride ourselves on being market experts working with you to find the right opportunity. Our consultants specialise in Life Insurance/Re-Insurance, General Insurance, Insurance Risk and Pensions/Investments operating at all levels from Students to Senior Searches. If you are interested in any of our vacancies, or curious about opportunities available to you, do get in touch. www.fairbankpartners.com www.twitter.com/fairbankpartner http://www.linkedin.com/company/fairbank-partners
- Website
- http://www.fairbankpartners.com/
- Telephone
- +44 (0) 203 869 2000
- Location
-
10-13 Lovat Lane
London
London
EC3R 8DN
GB
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