Finance Reporting Actuary for 6 months
- Employer
- Fairbank Partners
- Location
- West Midlands
- Salary
- £800- £900 per day
- Closing date
- 28 Nov 2019
- Reference
- GP0012
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)
Job Details
Fairbank Partners are working with a Reinsurer to find a Financial Reporting Actuary for an initial 6 months.
We are seeking a qualified Actuary to provide support to the Corporate Actuarial team. The team is responsible for a number of core deliverables (grouped under Projects and Systems, Financial Reporting, Governance) and you will provide high level technical and managerial support to the actuarial team in the With-Profits area to meet the demands of the department.
The role this will include being seen as a technical subject matter expert in the With-Profits area of the Financial Management Division.
The detail below provides an overview of what the key responsibilities may be depending on team
Projects and Systems
- Assisting with delivery of change through projects to support business or regulatory change. This might include reporting changes (IFRS17, Internal Model) or business changes (acquisition integration).
- Liaise with the financial reporting teams on project delivery throughout the cycle of development.
- Maintenance and improvement of existing systems and processes.
- Leading projects or project meetings.
Financial Reporting
Financial reporting may include production of results as well as analysis of results. Tasks might include:
- Producing and reviewing the quarterly reporting production process ensuring data is complete, accurate and appropriate with checks appropriately documented.
- Ensuring assumptions provided from the Reporting Analysis team are implemented appropriately.
- Ensuring RAFM (financial modelling software) projections on all reporting bases for one of their With-Profits funds are produced and reviewed in an accurate and timely fashion.
- Producing / reviewing manually calculated reserves where these are done outside of RAFM.
- Producing analyses of results for different metrics and reconciliations between the different reporting bases.
- Monitoring that the valuation production process is compliant with internal and Group governance requirements and to document compliance.
Other
- Manage a With-Profits reporting team.
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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