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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.


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, 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
  • Job Type: Experienced Job
  • Area of Specialism: General Insurance
  • Experience Level: Senior Qualified
  • Job Reference: 27276
  • Location: Reading/Home Working
  • Contract Type: Permanent
  • Employment Type: Full Time
  • Start Date: Immediate
  • Date Posted: 26 Jan 2024
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