You’ll be joining the Actuarial team, which operates as a key part of the business. The team is responsible for financial reporting, valuation, business planning, reinsurance and the development of data-led insight business to support decision-making. This role will help strengthen reporting capability while also supporting the wider transformation programme through improved automation, better processes, clearer workflows and enhanced use of data analytics.This role requires someone who is keen to take ownership of the Financial Reporting area, delivering high-quality reporting outputs, explaining results and key movements to stakeholders, and maintaining robust controls and documentation. The successful candidate will also support the continued development of reporting models, processes and workflows, using data analytics and automation to improve efficiency, insight and governance.
- Location: Reading/ Hybrid
- Category: Life Actuarial
- Type: Permanent
Key responsibilities including but not limited to:
- Manage the financial reporting process to ensure the value and financial performance of the business, with clear reporting outputs for internal and external stakeholders
- Engage, liaise and discuss with key stakeholders on the value of the business and changes to the value
- Manage and develop the financial reporting systems, processes and methodologies to ensure they are robust, well-controlled, automated where appropriate, and able to meet changing business, regulatory and stakeholder requirements
- Maintain and develop the Valuation Basis through regular business monitoring and experience investigations; this includes feedback into the Pricing Basis
- Maintain and develop Financial Models for the business planning and forecast process to ensure that they are robust, in line with internal governance and aligned with strategic objectives
- Maintain and develop the Actuarial Model and related tools in Mo.net, Excel, KNIME and other applications, supporting improved automation, analytical capability, workflow design and repeatable reporting processes
Candidates with less relevant experience may be considered for a Reporting Actuary role.
- Nearly or qualified actuary with at least 8 years work experience
- Strong technical competence in financial reporting of Protection products e.g. Solvency II, IFRS, or comparable
- Strong modelling skills with a deep understanding of cashflow projections (experience of Mo.Net preferred)
- Experience analysis and setting pricing / valuation assumptions
- Experience using data analytics and automation tools, such as SQL, R, Python, Power BI, or KNIME, to improve actuarial and financial reporting processes, enhance management information, automate workflow steps and generate business insight from business data would be advantageous, particularly where this extends beyond traditional experience studies
- Experience contributing to process improvement or transformation activity, including improving controls, reducing manual reporting dependency, redesigning workflows or supporting implementation of new reporting and analytics capabilities
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SENIOR REPORTING ACTUARY, 30032 in Reading employer: The Emerald Group
Join a dynamic team in Dorking as a Nearly/Newly Qualified Actuary, where you'll have the opportunity to engage in meaningful work that directly influences key business decisions. Our supportive and collaborative work culture fosters professional growth, allowing you to broaden your expertise while working alongside experienced stakeholders in Finance. With a focus on employee development and a commitment to innovation, we offer a unique environment that empowers you to take ownership of your career and make a real impact.
