Permanent Ref No: 1303034 Qualification: Qualified, Nearly / Newly Qualified
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:
  • 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
About you:
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, ...)
Technical skills
  • 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
 Personal and communication
  • 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
Please contact Paul Walsh on +35316099404 or [email protected] for further details.
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Tagged as: Life Insurance
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