Permanent
Ref No: 1744346
Qualification: Nearly / Newly Qualified, Part Qualified
Job Description
Our client is looking for an Actuarial Expert to join their Corporate Actuarial team. Reporting to the Head of P&C Reserving, you will be part of a small, collaborative and highly professional team, fully integrated with all aspects of quarterly and annual reporting under both IFRS 17 and Solvency II.
This is an excellent opportunity for a nearly or newly qualified actuary to deepen their technical expertise in a global reinsurance environment, working with modern tools including ResQ, Unify, SAS and advanced Excel.
Key Responsibilities
Qualifications & Experience:
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
Our client is looking for an Actuarial Expert to join their Corporate Actuarial team. Reporting to the Head of P&C Reserving, you will be part of a small, collaborative and highly professional team, fully integrated with all aspects of quarterly and annual reporting under both IFRS 17 and Solvency II.
This is an excellent opportunity for a nearly or newly qualified actuary to deepen their technical expertise in a global reinsurance environment, working with modern tools including ResQ, Unify, SAS and advanced Excel.
Key Responsibilities
- Perform reserving on IFRS 17 and Solvency II bases across assigned global reinsurance segments
- Carry out underwriting risk capital calculations as part of the entity's Solvency II internal capital model
- Contribute to quarterly roll-forward exercises and annual deep-dive reserve reviews
- Assess reserve adequacy, monitor trends and emerging risks
- Perform stress testing, sensitivity analysis and scenario modelling from both reserving and risk capital perspectives
- Identify opportunities for model improvements and support their implementation
- Communicate findings clearly to stakeholders across the business
Qualifications & Experience:
- Close to completing (or recently completed) fellowship of a recognised actuarial body (e.g. IFoA)
- University degree in Actuarial Science, Mathematics, Statistics or a related quantitative discipline
- Experience in IFRS and/or Solvency II reserving, local regulatory reserving, or capital modelling in a reinsurance or insurance environment
- Good understanding of IFRS 17 concepts; practical experience (e.g. in IFRS 17 testing or development) is a strong advantage
- Programming and database proficiency, SAS and SQL are essential
- Strong MS Excel skills including VBA and Power Query
- Experience with DFA, risk capital or cashflow modelling would be an advantage
- Strong analytical mindset with excellent attention to detail
- Clear and confident communicator, both written and verbal
- Comfortable working independently and managing competing priorities
- A collaborative team player who thrives in an international working environment
- Structured approach to complex actuarial problems
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
Tagged as: General Insurance