Actuarial Valuation Manager – New Business and Transformation

Actuarial Valuation Manager – New Business and Transformation

Full-Time 75600 - 92400 Β£ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Lead a global team in innovative actuarial modelling and business transformation.
  • Company: A leading global life reinsurer with a focus on collaboration and growth.
  • Benefits: Strong pension, private medical insurance, generous leave, and life assurance.
  • Other info: Join a dynamic team and influence key business transformations.
  • Why this job: Shape the future of actuarial processes while developing your leadership skills.
  • Qualifications: Qualified actuary with experience in life insurance and team management.

The predicted salary is between 75600 - 92400 Β£ per year.

A leading global life reinsurer is seeking a qualified actuary to join its newly established global Valuation team in a broad and influential management role. This is not a traditional reporting focused valuation position. The successful candidate will lead key aspects of new business modelling and treaty implementation, manage a team and help determine how new business is embedded across the organisation. They will also play an important role in improving controls, modernising processes and shaping future actuarial model development. It is an excellent opportunity for someone who enjoys combining technical actuarial work with people leadership, stakeholder management and genuine business transformation.

The Role

  • Lead and develop a sub team within the global New Business Valuation function
  • Manage the implementation of new treaties across multiple products, regions and lines of business
  • Take a leading role in addressing a backlog of historical treaty implementations
  • Build effective relationships with Pricing, Operations, Corporate Actuarial and front office teams
  • Improve the processes, controls and governance surrounding new business implementation
  • Help embed deliverables from a major actuarial transformation programme
  • Specify model requirements and coordinate the testing of future model developments
  • Support the continued development of global assumptions management and implementation frameworks
  • Coordinate activity across multiple locations and time zones while helping to build a positive, high performing team

The Candidate

  • A qualified actuary with at least three years of relevant life insurance or life reinsurance experience
  • Experience managing, coaching or developing actuarial colleagues
  • A strong understanding of Corporate Actuarial, valuation or financial reporting processes
  • Experience using actuarial modelling software, with Tyche experience particularly advantageous
  • A track record of improving processes, controls or systems
  • The ability to manage change and introduce new ways of working
  • Strong stakeholder management skills and the confidence to challenge existing approaches
  • A pragmatic and commercially minded approach, with the ability to balance accuracy, risk and delivery

Why Consider It?

This role offers considerably more breadth than a conventional valuation position. The successful candidate will join a global team at the beginning of its development and will have the opportunity to influence its processes, controls, modelling approach and working culture. They will gain exposure across new business, modelling, transformation and people management, while working closely with senior stakeholders throughout the organisation.

Strong pension contribution, comprehensive private medical insurance for the employee and their dependants, 25 days of annual leave, nine times salary life assurance, income protection.

Actuarial Valuation Manager – New Business and Transformation employer: Banking & Financial Services

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Contact Details:

Banking & Financial Services Recruitment Team

We think you need these skills to ace Actuarial Valuation Manager – New Business and Transformation

Actuarial Expertise
Team Management
Stakeholder Management
New Business Modelling
Treaty Implementation
Process Improvement
Controls and Governance