Permanent Ref No: 1385683 Qualification: Part Qualified
The Trainee Actuary role will be involved in all actuarial tasks including reserving, Solvency II reporting and IFRS 17.
Responsibilities will include but are not limited to:
  • Solvency II analysis with particular focus on the annual ORSA and quarterly and annual SCR / Solvency II balance sheets calculations
  • Applying best estimate actuarial reserving techniques to prepare quarterly programme performance reports and monitor performance - including commentaries
  • Provide support to the IFRS 17 project – including working on testing of new routines and processes required for reporting under IFRS 17 and developing a comprehensive analysis of impact of IFRS17, considering finance and process impacts.
  • Support the business in identifying and addressing business and strategic impacts of  IFRS 17 and ensuring that, following implementation, the Finance/Actuarial teams are equipped to prepare, analyse and understand financial results.
  • Provide actuarial assistance on internal projects and initiatives including assisting the Analytics area on (inter alia) more granular investigations on claim trends and interacting with the relevant stakeholders on mitigating actions and next steps as required.
  • Assist with year-end actuarial certification, audit engagement and Solvency II quarterly & annual returns (QRTs) to the Central Bank of Ireland
  • Assist in the preparation of information for the quarterly board meetings and group risk management meetings 
  • Approximately three-years' experience in an insurance actuarial environment preferably with non-life experience
  • Ideally some knowledge of Solvency II requirements
  • Interest in and /or knowledge of IFRS 17
  • Reserving knowledge /experience with ideally previous exposure to one or more of the specialist reserving software packages (e.g. ResQ)
What you will get from the role 
  • Competitive salary and benefits package
  • A comprehensive study support package including study leave and tuition /exam costs paid (as per Company study policy)
  • An opportunity to gain broad exposure to a variety of areas /tasks
Please contact [email protected] or 016099409 for further information.

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Tagged as: General Insurance
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