Overview

Qualified Actuary Product and Technical

Permanent

Our client is looking to hire a Qualified Actuary in Product & Technical on a Permanent basis.

Ref: 49143

  • Location: Kent
  • Category: Life Actuarial
  • Type: Permanent
  • Pay Range: Up to £85k

Overview

Key Duties:

Product and Technical:

  • Ensure that all customer services queries are produced, reviewed and submitted in a timely manner
  • Various product support tasks: e.g. regular product reviews, unit pricing and maintaining reinsurance arrangements
  • Understand the impact of new regulations on the product range
  • Maintain a good relationship with other business functions responsible for customer facing queries
  • Develop efficient processes and strict controls around those processes

With-Profits management:

  • Produce reversionary and terminal bonus rates for each of 4 ring-fenced funds
  • Ensure the general management of the With-Profits business, including annual review of PPFM, review and update of management actions and compliance with TCF policies
  • Input to With-Profits modelling methodologies and Asset-Liability Matching strategies
  • Communicate results to senior stakeholders, including the With-Profits Actuary, Chief Actuary, Head of Actuarial, With-Profit Panel members, external auditors and Regulators

Team management:

  • Develop team and operational skills

Qualifications required:

  • Qualified Actuary

Experience required:

  • 2+ years post qualification experience
  • An in-depth understanding and experience of With-Profits business
  • Experience of working in a dynamic environment and ability to deal with change
  • Experience of constructively challenging and influencing a range of peers and stakeholders
  • Experience of drawing conclusions quickly and applying expert judgement where necessary
  • Experience of communicating results and issues effectively and succinctly to a variety of peers and senior management
  • Knowledge of regulatory frameworks
  • Knowledge of the financial dynamics of life insurance business and how the key factors influence the various financial measures

Consultant

Molly Davies

Consultant – Life Actuarial

T: +44 (0)203 867 9822

Email me

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