Senior Actuary

  • 37758
  • Life - Actuarial
  • |
  • Ireland - Republic
  • |
  • Jul 20, 2020
Reinsurance
RESPONSIBILITIES
  • Assisting with the production of the quarterly/annual technical provisions and Quantitative Reporting Templates.
  • Maintaining documentation of methodologies, processes, procedures and results.
  • Working with Finance, Risk Management and External Reporting to ensure the efficient production of the quarterly and annual QRTs.
  • Contributing to the monitoring of changes in rules and guidance or market practice relating to the calculation of TP’s and the production of QRTs.
  • Contributing to the continued enhancement of the Solvency II closing process.
  • Monitoring of the controls process relating to the Solvency II filings, and liaise with internal / external Auditors to provide data required for their quarterly/year-end procedures.
  • Working with pricing actuaries to stay informed of developments of pricing bases and models.
  • Specification of required reserving assumptions and model changes to ensure consistency and compliance.
  • Propose and review Best Estimate Assumption updates.
  • Review the calculation of Best Estimate Reserves for SII and MCEV and the calculation of Statutory Reserves for USGAAP and IFRS 17.
  • Support Infrastructure Team during the new Overlay Tool modernization and Centralized Database building phases.
  • Support IFRS 17, US GAAP LDTI implementation.
  • Mentor, guide and spread both technical and operational knowledge with other team members in the use and development of models and tools and in the methodical impacts of IFRS17 and US GAAP LDTI.
  • Propose innovative improvements on both tools and methodology.
  • Review existing process and improve operational efficiency of the regulatory reporting.
  • Ensure a robust control framework by automation of validations.
  • Develop and enforce best practices for model governance.
  • Mentor and guide other team members in the use and development of models and tools.
  • - Coordinate with other team members to facilitate the consolidation.
QUALIFICATIONS
  • Qualified Actuary.
  • 5 to 7 years working experience in actuarial field, preferably in Life re/insurance reserving, valuation or pricing.
  • Strong IT and data management skills.
  • Knowledge of MoSes/Risk Agility FM, AXIS, R and Business Objects reporting would be an advantage.
  • Reinsurance knowledge is an asset.
  • Organized, able to work in a matrix structure.
  • Able to set and manage priorities.
  • Strong communication skills and proficiency in English.
  • High motivation, team-orientation.
  • Able to fit into dynamic structure.
  • Keen to work with other cultures.