Financial Reporting Actuary | Team Leader

The Actuarial Function plays an integral role as part of the wider Finance team with responsibility for financial reporting, strategic planning and analysis, supporting the development of customer propositions, and developing the capital management and reinsurance strategies. The Actuarial Function is also a key control function with responsibility for overseeing the calculation of the technical provisions, providing opinions on the underwriting policy and reinsurance arrangements and contributing to the effective implementation of the risk management system. 
 
Purpose of the Role
The Reporting Actuary (Team Leader) reports to the Head of Actuarial Reporting, Planning and Analysis and is a key people leader role within the Actuarial Function. The role has responsibility for delivery of financial reporting requirements (MCEV, IFRS, Local GAAP), supporting the strategic planning and analysis with Group Finance, supporting commercial strategy, pricing and change initiatives.
 
Key Accountabilities
You will support the Head of Actuarial Reporting, Planning and Analysis in the calculation and analysis of the MCEV, IFRS, Solvency II and Local GAAP value of the Company and support the business in both the analysis of drivers of profit and the achievement of the Company Strategy and Business Plan. The key areas of responsibility include:

• Lead, develop and motivate a team of trainee and qualified actuaries responsible for financial reporting.
• The calculation and analysis of Reporting (MCEV, IFRS, Local GAAP, Solvency II) on a quarterly basis including analysis and communication of all drivers of profit.
• Build, develop and maintain a strong business control environment with a focus on risk management, particularly regarding financial reporting processes.
• Play a leading role with the Finance team in producing the monthly management accounts, including providing insight and commentary on results for the Senior Management team and Group Finance.
• Support the actuarial input to the strategic planning and analysis process (ICAAP), including budgeting and forecasting, monitoring profitability and expenses, and ensuring alignment with business plans.
• Support the Product and Pricing teams on actuarial issues relating to customer propositions, pricing and change initiatives for the Company.

What is the Opportunity?
You will have the opportunity to work closely with the Head of Head of Actuarial Reporting, Planning and Analysis, the Chief Actuary, and stakeholders in Group Finance. The role provides a unique opportunity for you to develop people coaching skills, technical experience and to directly influence at a senior level.
 
Essential Qualifications