Senior Actuary

Location
London (Central), London (Greater), Flexible
Salary
Competitive + Bonus & Benefits
Posted
28 Jun 2021
Closes
28 Jul 2021
Ref
R1888
Experience/Function
Qualified
Contract Type
Permanent
Hours
Full Time

At Just we encourage a flexible and agile working environment for the majority of our opportunities. Get in touch with us to discuss in more detail.

Our Actuarial team are hiring and we’re now recruiting for a Senior Actuary to join our Group Risk function on a Permanent basis from our London office.

As a Senior Actuary in the Group Risk team you’ll support the Chief Actuary in fulfilling regulatory responsibility for the Actuarial Function (SIMF20) and provide Second Line review and challenge so that users of actuarial information can have confidence in its accuracy and reliability.

You’ll prepare validation reports related to technical provisions and the internal model and prepare the actuarial function report(s) to demonstrate the company’s ongoing compliance with Solvency II requirements.

Moreover you will contribute to the effective implementation of risk management across business actuarial teams and play a lead role in supporting the Group Chief Actuary in delivery of the SIMF20 role and team plan.

This role will suit a qualified actuary with a strong life insurance background and exposure to setting and/or reviewing longevity risk. The role also covers areas outside of the internal model where experience of pricing, reinsurance, technical provisions and matching adjustments would also be beneficial.

You Will

  • Monitor the sufficiency of premiums and the adequacy of pricing frameworks, pricing models and pricing controls
  • Review of reinsurance contracts and reporting on the adequacy of reinsurance arrangements
  • Review and provide validation opinions on the appropriateness of demographic, expense and other technical provision assumptions
  • Validate the technical provisions within Solvency II regulatory reporting, including the matching adjustment and transitional measures.
  • Review of regulatory submission to the PRA
  • Develop validation tools and models
  • Provide the audit committee with assurance on the technical provisions related to IFRS reporting
  • Produce validation reports on components of the internal model
  • Recommend improvements to data governance and highlight potential impacts on technical provisions from data deficiencies
  • Actively engage in allocated business projects to communicate and manage key risks as appropriate to the Chief Actuary
  • Produce validation reports on components of the internal model
  • Contribute to the effective implementation of risk management across business actuarial teams

You

  • Qualified FIA, FFA or equivalent
  • Strong technical skills and experience of Solvency II
  • An understanding of the regulatory environment which Just operate within
  • Ability to practically apply good risk management to distinguish material errors and issues from trivial issues
  • Previous experience in a number of actuarial roles including valuation, capital management, internal model, ALM, experience monitoring or longevity risk

Working for us, you get your Just Rewards…

  • Such as a Competitive Salary, Pension Scheme and Life Assurance
  • Along with 25 Days Annual Leave plus an Additional Day on us for your Birthday
  • Private Medical Cover and Income Protection, just in case
  • A Bonus Scheme that takes a balanced approach and looks at both `in role performance’ but also `the behaviours and attitudes you exhibit at work’
  • FREE access to the Headspace App, a 24/7 Employee Assistance Helpline and Trained Physical & Mental Health First Aiders (On-Site)
  • Plus we have a variety of Employee Funded Benefits available to our Employees via our Online Benefits Portal

Similar jobs

Similar jobs