Contract Ref No: 1527340 Qualification: Qualified
The successful candidate will have responsibility for leading model development and refinement. They will also help to manage the delivery of large non-recurring cross-functional projects which have a significant actuarial element. Over the coming year in particular, these projects are likely to include the following:
  • Identification, scoping and delivery of tactical capital efficiency opportunities that unlock additional dividend capacity in 2024
  • Development of medium-term plans and execution around larger capital optimisation opportunities into 2025
This role will report to the Head of Actuarial Development and will work closely with Actuarial, Finance and IT teams across the company, as well as with the Head of Actuarial Function. 
More specific responsibilities will include: 
  • Implement and assist in the development of the long-term vision for actuarial models, to ensure they keep pace with changing demands.
  • Ensure that new models & processes are provided to actuarial teams in an appropriate manner and consistently meet the needs of the valuation and pricing teams, while fostering an environment of continuous improvement.
  • Champion the use of new technologies within internal stakeholder teams in order to achieve our collective goals.
  • Manage multiple development requests from a number of different stakeholders, ensuring that key deliverables are identified and prioritised.
  • Play a key role in actuarial projects, collaborating effectively with actuarial teams across the business as required.
  • Learn from and share innovations with other areas in the wider group in an effort to build and enhance the actuarial reporting environment throughout the wider group.
  • Review existing methodologies within the team and develop new ways to improve efficiency.
  • Lead, develop and motivate a team of actuarial specialists to ensure that they achieve and contribute to their maximum potential.
  • Keep up to date with external developments through engagement with the Society of Actuaries in Ireland, the Central Bank, external vendor companies and through individual research.
  • Ensure familiarity with risk management programmes, as they impact on the position, and follow appropriate risk management procedures to control, monitor and report on business activities.
  • Represent the team at meetings, internally and externally. This requires an ability to clearly communicate actuarial methodologies and results to the HoAF and Executive Management in the actuarial teams across the business, internal and external auditors, etc.* 
What you’ll need to be successful on the role:  
Candidates should ideally have a number of the following attributes:   
  • An actuarial qualification (FIA / FFA, FSAI or other appropriate professional qualification) with relevant post-qualification experience.
  • A positive, business-focused approach to work.
  • A track record of successful relationship management at management level with a variety of stakeholders.
  • The vision to identify and implement transformation to actuarial processes.
  • Excellent problem-solving and prioritization abilities, with a track record of making the right decision and having the determination to see it through to implementation to ensure the benefits are realized.
  • Proven ability to both delegate effectively in leading a team to successful outcomes and to challenge their team appropriately.
  • Excellent communication skills (both written and oral). An ability to identify key messages and communicate complex concepts in a manner tailored to the audience. 
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Tagged as: Life Insurance