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Insurance Risk Actuary

Date Posted
23rd June 2015
Reference
453PF
Sector
Investment, Life
Job Type
Permanent
Location
City of London
Benefits
Excellent salary and benefits
Salary
Negotiable

Job Description Apply: Insurance Risk Actuary

A unique opportunity for an Insurance Risk Actuary in this leading Group Life Insurer.

You will provide senior management with an independent second line review of the most material insurance risks facing the Group. This will be delivered through a mixture of quarterly reports, ad hoc reviews and the validation of insurance risk modelling.

The Insurance Risk and Model Oversight team is a specialist and highly regarded team whose key aim is to provide independent assurance and validation of the accuracy and appropriateness of the key models used by the Group to manage its businesses. Insurance Risk comprises persistency, mortality, morbidity and longevity risk. Business Units’ assessment of their local insurance risk relies heavily on actuarial models and expert judgement. Through challenging models and assumptions and by conducting ‘deep dive’ reviews of specific insurance risks, the team will provide senior management with an independent view of the most material insurance risks faced across the Group.

Other projects frequently requiring input from team members include corporate acquisitions, where an independent assessment of the risks of a transaction and the reasonability of its valuation will be required.  The role is particularly varied in terms of its content and activities, given the complexity and international profile of the Group’s insurance risks.

This is a fantastic career opportunity, so please apply online now for immediate consideration.

 


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