Background

Our client is a leading provider of reinsurance solutions in the Global Life Assurance Market with a very strong actuarial focus, where talent and hard work are recognized and rewarded, and where there are excellent promotion prospects, both domestically and internationally.

 

The Role

Our client is seeking a bright, talented, and motivated individual to manage the Model Development team, which supports the development and oversight of actuarial models, methodologies and assumptions.

 

You will gain exposure to a wide range of traditional reinsurance transactions, as well as complex and innovative reinsurance solutions (e.g., longevity swaps / swap options, VIF securitisations, mass lapse covers etc.). 

 

This is a high visibility role within the company and the wider group

 

You will:

• Support the review and update of actuarial assumptions.

• Support the review and development of relevant actuarial methodologies and techniques.

• Support the Actuarial Function review and challenge of new business propositions.

• Draft accurate, clear, and concise documentation.

• Contribute to the design, development, and planning for the implementation of Group projects. 

• Keep up to date with emerging experience and best practice.

             

You will have:

• An actuarial qualification with 5+ years in a life insurance or life reinsurance environment.

• An assertive and self-motivated personality.

• An enthusiastic approach to work with a strong work ethic and a keen appetite to learn and develop.

• Strong analytical skills and problem-solving abilities.

• An ability to plan work, manage time effectively and deal with changing requirements.

• The capacity to solve problems and make decisions effectively and efficiently.

• Well-developed verbal and written communication skills.

• Competent user of MS Excel, MS Access, MS Word, and MS PowerPoint.

• Experience of financial reporting, Prophet (or comparable actuarial modelling package) and SQL.

 

The Competencies

• Technical expertise

• Problem solving and decision-making

• Teamwork and cross-functional collaboration

• Communication and influencing

• Planning and organising

• Innovation and change