Reporting directly into the Head of Actuarial and leveraging on the junior staff within the department, the successful candidate will be a key contributor in the reserving process of the entity ensuring a smooth preparation of the reserves, profitability assessment and Solvency II key function deliverables. Communication with the various departments around the subject matters will be crucial to the role.
Reserving and Regulation
-Maintain and enhance the Company`s reserving function. A key role for the successful candidate will be to take a leading role in the enhance the reserving process for the businesses and adopt new standards according to Solvency II and the Group`s initiative for Technical Excellence.
-Support the external audit of reserving and technical provision results and assist in the development of actuarial reports in written form and as management presentations according to the practice in the company.
-Assist in the production and modelling of the Solvency II technical provisions and cash-flows of the Company
-Provide actuarial input into the capital model system and Group reporting engines
-Work closely with the risk function to support full compliance with the Solvency II regime
Portfolio and profit management
-Maintain and further develop the company`s suite of profitability analysis reporting and engage in pricing oversight.
-Advise senior management as appropriate on profitability aspects of new products and ventures
-Provide MIS data to business lines
-Advise on the annual reinsurance treaty arrangements and provide opinion thereof
-Participate in the annual planning exercise and provide actuarial input for key assumptions
-Assist the Finance Department in areas such as financial projections, budgeting, statutory reporting and reinsurance accounting
-Mentoring and training the junior staff within the department
The successful candidate will have the opportunity to work in growing multicultural company committed to empowering its employees and furthering their development. A competitive remuneration and benefits package is offered, including healthcare, pension, life & disability, travel subsidy, discounts on home and car insurance, sports & social club and support for professional studies.
Please email firstname.lastname@example.org or call 016099404 for further information
Acumen Resources specialises in the recruitment of the following professionals:
Chief Actuary | Head of Actuarial Function | Actuarial Director | Actuarial Function Holder | CRO | CFO | Actuarial Manager | Valuations Actuary | Product Development Actuary | Pricing & Reserving Actuary | Solvency II Actuary | Life Insurance Actuary | General Insurance Actuary | Non Life Actuary | Pensions Actuary | Investment Actuary | Capital Modelling Actuary | Capital Management Actuary | Risk Management Actuary | Enterprise Risk Management Actuary | Newly & Nearly Qualified Actuary| Part Qualified Actuary | Trainee Actuary| Actuarial Trainee | Student Actuary | Actuarial Graduate