Structured Reinsurance |Capital & Balance Sheet management - Senior Actuary

Our client is a leading provider of structured reinsurance solutions with ambitious plans for further growth and this will be a key role in achieving those plans. The successful candidate will lead a team of qualified and trainee actuaries in the structuring and underwriting of new structured reinsurance transactions.

Key responsibilities:

• Support development and structure of new bespoke reinsurance solutions which optimize capital for clients under Solvency II
• To lead the completion of new structured life reinsurance transactions.  These are highly complex and innovative transactions developed to meet a specific client requirement.
• To underwrite, price and recommend new transactions in line with group risk appetite, pricing, tax and compliance requirements.
• To manage and grow relationships with potential and existing customers to ensure new business targets are achieved
• To ensure consideration of local market conditions, law, regulation, capital requirements and tax throughout the underwriting and pricing process.
• To support the negotiations of commercial terms of new transactions. This includes onsite negotiations with client executive management and their advisors and includes liaison with legal advisors on both sides.
• To lead onsite due diligence exercises as part of the transaction development process,
• To manage transaction approvals and preparation of presentations for Senior Management, Group Reinsurance Review and Executive Committees and the relevant Boards

The Person

The successful candidate will ideally have:

• An actuarial qualification with 10+ years post qualification experience
• Experience in structuring and managing complex reinsurance transactions
• Very good understanding of Solvency II regulatory landscape for life insurance
• Strong numerical skills with a good understanding of financial metrics
• Assertive, self-motivated with the ability to work autonomously, as part of a team and across teams.
• Excellent interpersonal skills for establishing and maintaining good client and internal relationships
• Excellent oral & written communication/presentation skills with the ability explain complex problems in a concise way
• An ability to plan work, manage time effectively and ensure timely completion of all deliverables.
• The capacity to effectively and efficiently solve problems and make decisions.
• Fluent English and one other Continental European language with additional European languages also an advantage

The competencies

• Building and Maintaining Relationships
• Communicating and Influencing
• Leadership
• Problem Solving and Decision Making
• Innovation and Change
• Drive for Results

Please contact Paul@acumen-resources.com or +35316099404 for further details.