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Chief Actuary

Employer
Raretec Recruitment Ltd.
Location
Dublin, Leinster (IE)
Salary
Competitive Salary
Closing date
3 Jun 2019
Reference
J3751

View more

Sector
General insurance
Contract Type
Permanent
Hours
Full Time
Experience/Function
Qualified (executive), Qualified

Job Details

Chief Actuary

Our client is a multinational reinsurance company who have an actuarial vacancy for a Qualified Actuary to join them as Chief Actuary.  This is an excellent opportunity for a senior individual to gain visibility and expand their experience. The role reports to the Chief Executive Officer and is based in Dublin.

The main duties of this Chief Actuary role include the following areas:

Reporting and Reserving including:

  • Overseeing the calculation on a quarterly basis of the company’s IBNR reserves on its pan– European third-party motor liability portfolio. Calculating the Company’s Best Estimate reserve position on a quarterly basis and preparing and issuing reports to management supporting this position
  • Projections of pay-out patterns, loss projections and input to the Company’s cash flow and Asset Liability Matching (ALM) model
  • Liaising with the company’s externally appointed Head of Actuarial Function on the production of the year end actuarial report to the Board

Risk, Capital and Solvency including: 

  • Calculating on a quarterly basis the Company’s Solvency Capital Requirement (“SCR”) for presentation to the Risk Committee and Board using the Company’s internally developed capital model (standard formula) and population of actuarial QRTs on quarterly and annual basis.
  • Supporting the Chief Risk Officer in the use and embedding of the model in the Company’s operations
  • Running of identified Stress tests with the Capital Model. Actuarial input at Executive and Risk Committee level to the identification of the appropriate stress tests

Pricing and General Commercial Input

This is a key role within the senior team of this forward-thinking organisation.  The CEO here has a huge appreciation of the value that can come from the right Actuary.  The company want to invest in data analytics and are looking for someone who can bring commercial ideas to the table. 

The Company are looking for a Qualified actuary with a strong GI background.  This is a career making position for someone who is ready to take on the responsibilities of a HOAF level role with the interest of using new technologies to increase business success. Strong communication and interpersonal skills are critical to this role. 

For a full profile or further information candidates should contact Jacqui van Teutem at jacqui.vanteutem@raretec.ie or by phoning 015311400 or 0862931015.

Company

Raretec Recruitment Ltd specialises in the recruitment of Actuarial professionals at all levels across the Irish market.  We recruit actuaries for both permanent and contract positions. As a niche recruitment specialist we have developed an extensive network of contacts within the actuarial profession in Ireland, meaning we can react quickly to new vacancies and our clients are secure in the knowledge that their roles are being represented in a professional and discreet manner.

Raretec Recruitment Ltd was started by Jacqui van Teutem, who has over 20 years recruitment experience. At Raretec we believe that both employers and candidates are of equal importance during the recruitment process.  This results in trust being built with both clients and candidates and it is a testament to our service that our candidates refer their friends and colleagues to us and clients come back to us time after time.

If you are  looking or your next actuarial role or even a way into the actuarial profession then send your cv to us and we are happy to help you. You can call us on 015311400 or email Jacqui at jacqui.vanteutem@raretec.ie

Company info
Website
Telephone
01 5311 400
Location
11 Pembroke Lane
Dublin 2
0000
IE

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