Senior Actuary

Our client, operating within the insurance sector, is seeking to recruit a Senior Actuary to join their team of growing professionals. 

Responsibilities:

• Conducting actuarial analyses and risk assessments to support business decisions.
• Developing and maintaining actuarial models for pricing, reserving, and financial reporting.
• Collaborating with underwriting, claims, and other teams to provide actuarial insights and recommendations.
• Reviewing and validating data inputs for actuarial calculations.
• Ensuring compliance with regulatory requirements and staying abreast of industry changes affecting actuarial practices.
• Participating in the development of new insurance products and the enhancement of existing ones.
• Assessing the impact of changes in economic conditions on the organization's actuarial assumptions and models.
• Contributing to the preparation of actuarial reports for management and regulatory authorities.
• Playing a key role in actuarial audits and communicating findings to relevant stakeholders.
• Providing guidance and mentoring to junior actuarial team members.
• Conducting training sessions on actuarial concepts and practices within the organization.
• Continuously seeking opportunities to improve actuarial processes and methodologies.

• Proficiency in core non-life product categories, with a solid understanding of motor, health, and home business.
• Experience in non-life valuation techniques and the calculation of IBNR/IBNER across different lines of business.
• Expertise in calculating technical provisions aligned with Solvency II requirements.
• Familiarity with IFRS 17 reporting standards, covering onerosity assessment, discount rate selection, liability calculation for incurred claims, and risk adjustment.
• Ability to supervise and guide junior team members.
• Confident communication with stakeholders, including Finance, IT, Data Governance, Operations, and Technical Areas, as well as Internal and External Audit.
• Capability to present findings effectively to relevant committees.
• Keen attention to detail and effective prioritization skills to meet crucial reporting and regulatory deadlines.

• Membership in a professional actuarial body, preferably the Institute and Faculty of Actuaries.
• Proficiency in Actuarial software, including ResQ, along with experience in data investigation using BI tools and data manipulation/processing using R/Python.

• Hybrid working
• Gym Membership
• Health Insurance
• Flexible working hours