You’ll be joining the Actuarial team which operates as a key part of the business. The team focusses on understanding the market it operates in and the possible opportunities that may be available.
Overview
Key duties (including, but not limited to):
- Manage the financial reporting process to ensure understanding of the value of the business to both internal and external stakeholders
- Engage, liaise and discuss with key stakeholders on the value of the business and changes to the value
- Manage and develop the financial reporting system, process and methodology to ensure that they are robust and have controls in place to meet changing requirements
- Maintain and develop the Valuation Basis through regular business monitoring and experience investigations; this includes feedback into the Pricing Basis
- Maintain and develop the Actuarial Model and tools in Mo.net, Excel and other related applications
- Produce monthly reinsurance accounts for all business lines and engage with external stakeholders
- Work with the wider business in relation to the development of management information
- Adhere to actuarial governance like support to external audit process
- Support Finance in regular reporting activities
- Produce management information reports to satisfy regular governance requirements
Qualifications required:
- Recently qualified actuary with at least 5 years work experience
Experience required:
- Good understanding of UK Protection products
- Strong technical competence in financial reporting of Protection products e.g. Solvency II, IFRS, or comparable
- Strong modelling skills with a deep understanding of cashflow projections (experience of Mo.Net preferred)
- Experience analysis and setting pricing / valuation assumptions
- Able to collaborate across functions both internally and with external partners