Permanent Ref No: 1532022 Qualification: Qualified, Nearly / Newly Qualified
Key Responsibilities:

• Lead and manage the pricing and profit testing of company products, both new and existing in line with company governance requirements.
• Develop and maintain profit testing models for the company’s products.
• Liaise with the actuarial function to agree methods and assumptions for pricing and profit testing.
• Make recommendations to the Head of Propositions on product design, structure and pricing, including for fees, benefits, commission and product features.
• Support the Propositions team in all aspects of product design, development and maintenance, including systems and literature.
• Provide support on product-related queries, quotations, system testing etc. via the Actuarial Helpdesk.
• Create and maintain a file of market insights with a view to provision of up-to-date MI to the Head of Propositions, with particular interest in competitor analysis of product fees, benefits, and commissions; emerging market trends and opportunities; regulatory change impacting product design and pricing; etc.
• Provide management support and work assignment and monitoring for actuarial trainees within the Propositions team as required by the Head of Propositions.

Knowledge requirements:
• Actuarial professional qualification.
• Experience in modelling and calculation of profitability metrics.
• Good commercial knowledge – develop a demonstrable and thorough understanding of the structural make-up, design and pricing complexities of products available in the Irish Life and Pensions market.

Please contact [email protected] or 016099409 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
Tagged as: Life Insurance