Responsibilities
of role
- Leadership and Direction Support in directing the Actuarial Function and leading the Actuarial team. Provide actuarial support across reserving, pricing, and other corporate areas for the insurers.
- Technical Delivery Ensure full understanding of methodologies, assumptions, and data quality. Maintain adherence to model and dataernance frameworks.
- Regulatory and Financial Reporting Deliver actuarial aspects of Solvency UK (SUK) and Isle of Man Risk Based Capital (RBC) reporting. Produce quarterly and annual actuarial function reports and capital MI. Maintain all relevant SUK and RBC documentation.
- Modelling and Investigations Maintain internal capabilities for assumption setting and stress testing. Conduct investigations and rmend valuation bases. Enhance Prophet and other modelling tools for SUK / RBC reporting.
- Stakeholder Engagement Provide actuarial information to Finance and Risk Management teams. Manage external audit and peer review queries. Support broader business needs with actuarial expertise.
- Maintain actuarial controls and processes. Adhere to Actuarial Guidance from the Financial Reporting Council.
Candidate Profile
We are looking for an enthusiastic individual who meets the following criteria :
Holds an internationally recognised actuarial qualificationEducated to degree level, preferably in a numerate disciplineMinimum 5 years of solid life Insurance experienceDeep knowledge of SUK and its application in a life insurance contextStrong experience in valuation and financial reportingDemonstrated actuarial modelling expertise (ideally with Prophet)In-depth understanding of investment and insurance productsFamiliarity with Transact and the wider investment platform marketStrong intellect and analytical abilityAbility to work under pressure and meet tight deadlinesHighly autonomous, proactive, and conscientious, with excellent attention to detailExcellent interpersonal andmunication skills, both written and verbalPrevious people management experience is advantageous but not essential.
Equal Opportunities
We provide a diverse and inclusive workplace and ensure that all of our staff respect and understand individual differences. We are an equal opportunities employer and positively encourage applications from suitably qualified and eligible candidates regardless of age, disability, gender reassignment, marital or civil partner status, pregnancy or maternity, race, religion or belief, sex or sexual orientation.
Job ID NRD-ACT-000812