Senior Actuary | Actuarial Function

Main Purpose of Job:
 
The position holder reports to the Head of Actuarial Function.
 
Oversight and compliance with reserving activities and plays a key role in providing the company with oversight of the reserving services. Work spans all Solvency II and IFRS17 (profit) actuarial reporting as well as supporting various projects as they arise.
 
Responsibilities will include some or all of the following:

• Reviewing the production and validation of results used in Solvency Il and IFRS17 actuarial reporting, including monitoring appropriateness of methodologies and models
• Interaction with finance related executive management including HOAF, CFO, CRO, HOPD etc
• Contribution to the preparation of Regulatory and Group Reporting, as appropriate (ARTP and inputs into IFRS17, SFCR, RSR, MVBS)
• Review and challenge of reports/presentations explaining the change in reserves over the month/quarter
• Review and challenge the annual assumption setting exercise and the preparation of corresponding reports
• Support the annual review of the appropriateness of reinsurance arrangements
• Review and challenge the production of the annual Actuarial Function Report and IFRS Reporting Actuary's Report;
• Co-ordination of Reserve Committee;
• Oversight of Actuarial interaction with the Product Development team, ensuring new product proposals are reviewed and have been implemented appropriately within the actuarial reporting framework
• Support the annual assessment of the underwriting policy and associated processes.

Education & qualifications

• Qualified Actuary
• Professional Competence
• Life insurance experience
• Actuarial modelling experience
• Reporting experience
• Assumption setting experience
• Commercial Awareness
• An understanding of industry best practices towards various Actuarial techniques

Please contact [email protected] or 016099409 for further information.

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