Permanent
Ref No: 1303034
Qualification: Qualified
Closed
We are looking to hire an Actuary to join our EMELA Reserving Life & Health (L&H) team. The reserving team provides the opportunity for exposure to a wide variety of valuation and actuarial corporate topics. You will be expected to make a significant contribution to the management and monitoring of a large and strategic portfolio of long and short term protection products in EMELA.
About the role
Your responsibilities will include assisting on the following:
Working experience
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 | Dublin | Ireland
About the role
Your responsibilities will include assisting on the following:
- Production of quarterly reserves on applicable bases (USGAAP LDTI, FR GAAP, SII, VIF,…)
- Preparation and sign-off of the Solvency II results including the shocks and Analysis of Change together with the GAAP / statutory accounting.
- Preparation of supporting documentation (unit testing, basis checks etc.) to validate work produced to line manager & auditors.
- Drafting of the Annual Assumption Review of base mortality and morbidity, disability termination rates, morbidity deterioration, mortality improvements, lapses and other relevant assumptions on the portfolio.
- Provide insight into observed experience, propose base changes where relevant and quantify financial impacts.
- Ensure a robust control framework by automation of validations
- Contribute to various cross-functional projects, topics and responsibilities across the team including tool development among others
Working experience
- Recently qualified actuary
- Detailed knowledge of one or more reporting regimes or standards (FR GAAP, US GAAP, IFRS 4 or 17, Solvency II, ...)
- Understanding of the FR GAAP, Solvency II framework
- US GAAP LDTI experience is a plus
- Knowledge of a modelling tool – inhouse, Axis, RAFM, Prophet etc…
- Reinsurance knowledge is an asset
- Organized, able to work in a matrix structure
- Able to set and manage priorities
- Highly cooperative, flexible, and enthusiastic team-player
- Excellent verbal and written communication skills in English (French is a plus)
- Keen to work with other cultures and able to think outside the box in a dynamic environment
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 | Dublin | Ireland
Tagged as: Life Insurance