Actuary – Chief Actuary Team – 28455

To support the Group Chief Actuary in fulfilling regulatory responsibility for the Actuarial Function (SIMF20), including adequacy of technical provisions and adequacy of reinsurance.

• Location: London
• Category: Actuarial
• Type: Permanent

Key Duties (Including but not limited to):

• Conduct the validation of the Solvency II technical provision through review and challenge of the key models, methods and assumptions used in calculating technical provisions.
• Support the maintenance of the technical provision validation framework.
• Support the drafting of Actuarial Function Reports to the Board & Audit Committee.
• Manage the Chief Actuary recommendation process to monitor and report on progress of agreed actions.

Minimum Requirements:

• Upper second-class degree in maths or science or equivalent.
• Nearly qualified or fully qualified.
• Experience of working in the life insurance sector, including a good knowledge of Solvency II/Matching Adjustment, life insurance products and markets.
• Experience in demographic risk, actuarial reporting, ALM or reinsurance is preferred, but not essential.
• Strong IT skills, particularly in Excel, with VBA and Power Bi experience advantageous.

#J-18808-Ljbffr