Interim Part VII Actuary

Location
Midlands
Salary
£1000 per day
Posted
30 Nov 2018
Closes
30 Dec 2018
Ref
GP09YW
Contract Type
Interim, contract & temp
Hours
Full Time

Fairbank Partners are currently working with a leading ReInsurer to assist with finding a Part VII Actuary. 

Role:

  • Assist with the transition of methodologies for the governance/management of the insurer as part of the integration of the mature savings business of the insurer.  This includes:
  • Bonus setting, smoothing and market value reduction processes
  • Transition of the hedging processe
  • Ensuring appropriate testing of asset share calculation
  • Review of updates to the economic capital balance sheet
  • Dealing with feedback from the Regulators on the proposals
  • Production of the Supplementary CA and WPA reports
  • Provision of information to the IE and CA and WPA and responding to queries.

Assistance with the Mature Savings transfer of business:

  • Production of the Supplementary CA and WPA reports
  • Provision of information to the IE and CA and WPA and responding to queries.
  • Responding to Regulatory queries.
  • Assist with the implementation of WP governance changes within the reinsurer , including implementation of the new insurer's WPMC.

To discuss this role further, or to discuss your career options, 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.

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