• Permanent
  • Ireland
  • Ref No: J6586
  • Qualification: Nearly/Newly Qualified

Responsibilities for this role will include:

Life Reserving Overlay Model
• To lead the development and maintenance of actuarial systems, models and tools used in regulatory reporting for solvency regimes and financial statements (Multi GAAP)
• Lead on the implementation of change projects including an ongoing modelling platform migration from MoSes & RAFM to AXIS
• Support the build of a centralised database with supporting transformation and aggregate calculation tools
• Modernize, extend and harmonize the aggregation and consolidation tools across the different processes and geographies, by limiting as much as possible the use of Excel and manual retreatments
• Enhance the visualization and analysis capability for use in the validation of results, production of management reporting metrics and implementation of controls
• Working closely with the life actuarial teams, Operations, Finance, IT, external consultants and vendors to implement changes to the modelling architecture
• Review existing process and improve operational efficiency of the regulatory reporting
• Ensure a robust control framework by automation of validations
• Develop and enforce best practices for model governance
• Mentor and guide other team members in the use and development of models and tools

• Assist team in implementation of data and model requirements for IFRS 17 and LDTI including writing and reviewing technical specifications and testing

Line of Business models
• Assist with model improvements for in-force business as required (Moody’s AXIS / RAFM / In-house)
• Assist with model implementation for new business

About you
Qualified Actuary or experienced professional with university degree in relevant field (Actuarial, Statistics, IT, Engineering) with relevant years working experience in Life reserving or pricing in the (re)insurance field, or related actuarial experience with solid systems development background and exposure to financial transformation projects.
Prior experience of financial reporting with respect to regulatory reporting regimes including USGAAP LDTI, IFRS 17, Solvency II, BMA, MAS would be a distinct advantage.
• Strong IT and data management skills
• Knowledge of relevant software: Moody’s/AXIS/Risk Integrity/Moses/RAFM/C++/R/SQL/VBA/Business Objects
• Reinsurance knowledge is an asset
• Strongly driven to streamline business processes, with an emphasis on automation and maintainability
• Experience in specification, development and testing of actuarial and data transformation software
• Organized, able to work in a matrix structure
• Able to set and manage priorities
• Strong communication skills and proficiency in English
• Highly motivated team player

Contact Paul at 016099404 or paul@acumen-resources.com for further details.

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 | Dublin | Ireland

Tagged as: Life Insurance, Systems

Upload your CV/resume or any other relevant file. Max. file size: 64 MB.