Permanent
Ref No: 1657042
Qualification: Qualified
The Opportunity
Reporting to the Head of Actuarial Function, you will assist the review of Solvency II Pillar I valuation, ORSA, and the timely submission of actuarial reports to the Board. The role is suited to a driven actuary with a proven track record of successfully overseeing financial reporting work, and strong report writing and communication skills who is looking to progress into a Head of Actuarial Function role within the life sector in the medium/long term.
Key Responsibilities
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
Reporting to the Head of Actuarial Function, you will assist the review of Solvency II Pillar I valuation, ORSA, and the timely submission of actuarial reports to the Board. The role is suited to a driven actuary with a proven track record of successfully overseeing financial reporting work, and strong report writing and communication skills who is looking to progress into a Head of Actuarial Function role within the life sector in the medium/long term.
Key Responsibilities
- Review and evaluation of the quarterly reserves and capital requirements, liaising closely with the various stakeholders
- Production of quarterly packs for management reporting and presentation of this information to the Company's Exec and Board.
- Engaging with Company senior management to assist them in other areas like financial risk, product distribution, and capital management
- Evaluation of the Own Risk Solvency Assessment (ORSA) projections and preparation of relevant reports.
- Maintaining Actuarial Function documentation of key processes, procedures, and results
- Assisting the continued enhancement of reporting processes (e.g. work with stakeholders within the organization to align on all relevant financial reporting metrics such as IFRS 17, GAAP, etc.), introducing efficiencies within the actuarial function, and increasing automation
- An Actuarial Qualification (preferably FIA or FSAI) with 2-5 years post qualification experience
- Excellent report writing skills with experience preparing reports for Company Executive Committees and Board
- A strong desire to ultimately progress to be a HoAF in the medium/long term
- Ability to work collaboratively with other teams to both build relationships and meet tight deadlines
- An ability and desire to communicate clearly to senior management
- Previous experience in managing regulatory interactions with the CBI
- Strong desire to learn about and advance the AI ambitions of the company.
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