Senior Actuarial Trainee
Part Qualified/Nearly Qualified
Life Insurance experience Needed
North London
£45,000 - £65,000 per annum
As part of the Consolidation Valuation team, you will support the valuation and financial reporting of the Company with the opportunity to develop a thorough understanding of the earnings & capital drivers and work alongside actuarial, accounting & investment teams from across the company.
Oliver James's Actuarial Recruitment team has teamed up with a market leader of the Life Insurance market to recruit a part qualified/nearly qualified actuary for their propositions team. you will support the valuation and financial reporting of the Company, and will involve exposure to reporting, valuation and analysis on an IFRS17, Solvency II, LICAT and UK GAAP basis.
As a Senior Actuarial Trainee you will be responsible for providing actuarial, statistical and financial insight and analysis to management. You will have the opportunity to advise the business/management to ensure that we are managing our risk exposure to satisfy our statutory responsibilities and the needs of policyholders.
Key Accountabilities
* Assist in the preparation and analysis of Solvency II, LICAT, UK GAAP and IFRS 17 valuations.
* Update and review annual and quarterly QRTs, along with the Canadian Regulatory equivalents.
* Develop and maintain a controlled reporting environment, making improvements to the quality and effectiveness of reporting processes.
General Responsibilities
* Ensure familiarity with risk management programs, as they impact this role, and follow appropriate risk management procedures to control, monitor and report on business activities
* Ensure compliance with Company policies, regulatory, professional & legal requirements
* Actively study for the qualification as a FIA (or equivalent)
Desired Knowledge / Experience / Skills
* An interest in Solvency II and/or IFRS17
* Valuatiion experience would be an advantage
* Part qualified actuary / nearly qualified
* Experience in life insurance
* Strong communication skills
If you want to hear more about this opportunity please apply the job online.
Please note this job will not offer sponsorship.
