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Corporate Actuary - Reinsurance

Date Posted
13th June 2014
Life, Re-Insurance
Job Type
City of London
Up to six figure base plus package

Job Description Apply: Corporate Actuary - Reinsurance

A rare opportunity within Reinsurance has arisen for a Corporate Actuary to lead the Valuations team.

Key Responsibilities include;

Build and maintain relationships with group and divisional reserving colleagues, other members of the Corporate Actuarial team, UK client administration team, local finance team, business development and pricing team, internal & external auditors and the UK’s business partners.
Review and sign-off the quarterly financial results of treaties (results by treaty).
Consolidate, review, and provide commentary for the UK financial results on a quarterly basis.
Assisting the AFH in the financial management of the UK sourced business including the production of internal & external financial reports, review & recommend appropriate methodology & assumptions for all reporting bases.
Ensure that the timely delivery of all agreed actuarial output under the service level agreement between UK and Ireland.
Provide technical advice, coaching and training to area under direct control and to the wider team as and when required.
Maintain and develop the operations of own team to ensure the on-going improvement of reporting processes resulting in increased efficiency and/or accuracy.
Maintain and enhance processes and controls to meet both internal and external policies and standards.
Ensure all key processes and documented to the Group internal control standard levels. Regularly review and update the documentation of all processes.
Lead or participate in actuarial and inter-departmental projects which include data management or data systems review, model updates review, MCEV reporting and Solvency II as and when required.
Keep abreast of the current developments of UK & EU regulatory reporting standards for life insurers.

You will have line management responsibility for 2-3 members of staff and you will have strong analytical and numerical reasoning skills.

Please apply online now for immediate consideration.

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