Senior IFRS 17 Actuary

  • 37875
  • Non-Life - Actuarial
  • |
  • Switzerland
  • |
  • Aug 4, 2020
Reinsurance
RESPONSIBILITIES
  • Calculation, testing and maintenance of IFRS17 CSM, risk adjustment, discounting, cashflows for group and legal entities leveraging Solvency II calculations where appropriate by working closely with the non-life and life actuarial teams, Finance, IT and external vendors to ensure IFRS17 compliance and maintenance of these processes post IFRS 17 implementation.
  • Modelling to support IFRS17 policy decisions.
  • Maintaining documentation of processes and procedures.
  • Working closely with Finance to ensure the efficient production of inputs to quarterly and annual IFRS17 financial statements.
  • Contributing to the monitoring of changes in rules and guidance or market practice relating to the calculation of IFRS 17 requirements.
  • You should contribute to the continued enhancement of the IFRS17 actuarial environment.
  • You will also be responsible for the building and monitoring of the controls process relating to the IFRS17 environment and liaise with external Auditors to provide data required for their quarterly/year-end procedures post IFRS17 implementation.
  • You may be required to provide assistance on other Group related tasks as required post IFRS 17 implementation.
QUALIFICATIONS
  • Have attained or are close to attaining the Fellow of the Institute of Actuaries designation, Associate or Fellow of the Casualty Actuary Society or equivalent.
  • Degree in actuarial science, mathematics, or a related field.
  • At least 8 to 10 years of non-life actuarial experience either in reinsurance, insurance or consulting. Prior experience of IFRS 17 would be a distinct advantage, with experience in Solvency II, reserving and financial reporting also being helpful.
  • Advanced Microsoft Excel, IT, data management and modeling skills.
  • Knowledge of visual basic and Business Objects reporting would be an advantage.
  • Strong communication, good written skills and proficiency in English.
  • High motivation, team-orientation and adaptability.