Market Analysis
Business Meeting 2
Typing on a Computer
Signing Contract

Life Head of Actuarial Development

Leading Dublin-based large life Reinsurance company is seeking to recruit a senior life Actuary to become its Head of Actuarial Development. 

Reporting to the Head of Actuarial (Dublin office), the Head of Actuarial Development will play a leading role in the continued development our Client’s Actuarial function. The successful candidate will gain exposure to a wide range of bespoke, complex and innovative reinsurance solutions while working closely with a variety of senior stakeholders within our Client (Head of Business Development, Chief Actuary, CFO and CRO) and across the wider organisation.

 

In this role the successful candidate will:

 

  • Lead, develop and motivate a team of direct and indirect reports, ensuring that they achieve and contribute to their maximum potential and aspire to the highest professional standards in their work.

  • Manage the suite of actuarial assumptions (including mortality, mortality improvements, lapse, expense, interest and inflation) ensuring all items of judgement are understood and appropriately documented.

  • Provide advice and feedback (actuarial basis, modelling, liabilities and capital) to the business development teams on new business propositions and subsequently support the associated transaction implementation.

  • Support the new business approvals process through the various function holders, committees and boards.

  • Provide general actuarial oversight and ensure compliance with Group internal policies, professional standards, and regulatory guidelines.

  • Play a key leadership role in actuarial projects collaborating with the Actuarial Reporting, Business Development, Finance, Operations and Risk functions as required.

  • Champion the use of new technologies and keep pace with changing demands and requirements.

  • Keep up to date with emerging experience and best practice through engagement with colleagues across the Group, the relevant professional bodies and individual research.

  • As a member of our Client’s actuarial leadership team, contribute to the leadership of our Client’s actuarial community.

 

 

The Person

 

The ideal candidate will have:

 

  • An actuarial qualification with significant post-qualification experience.

  • Proven leadership skills and experience in leading a high-performing team of professionals in a fast-paced complex environment.

  • An ability to build an inclusive and diverse work environment that promotes collaboration, recognition, mutual respect and employee satisfaction.

  • Significant experience in a senior actuarial role and a strong track record of successful execution at senior management level.

  • A demonstrated capacity to build relationships, gain trust and command respect at all levels.

  • A credible voice speaking to senior decision makers within the Group.

  • Well-developed professional judgement and be at ease balancing urgency and importance.

  • Highly refined verbal and written communication skills and in particular, an ability to effectively communicate complex concepts to different audiences.

  • An understanding of the different regulatory landscapes.

  • A strong work ethic, a willingness to work to a flexible schedule and to travel occasionally.

  • An appetite to work effectively in partnership with senior management across the Group.

 

 

The Competencies

 

  • Communication and influencing

  • Teamwork and cross-functional collaboration

  • Leadership

  • Innovation and change

  • Drive for results