Overview

Senior Qualified Actuary – 50566

Our client is seeking a motivated qualified life actuary with a good knowledge and understanding of financial and insurance risk issues affecting life insurance firms. The successful candidate will be expected to work in a team of actuaries with diverse experience, as well as with other colleagues, in order to support with the supervision.

Ref: 50566

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

Overview

The typical responsibilities of the role include:

  • Performing and developing others to perform proportionate risk-based assessments and oversight (e.g. Solvency II reviews and Part VII transfers) and applying
  • well-reasoned judgement to identify risk to PRA statutory objectives and to identify potential mitigation for these risks
  • Developing the knowledge, skills and experience of others in specialist areas
  • Performing in-depth research in key risk areas (e.g. credit risk, longevity, dependencies) aimed at developing house views of what constitutes good practice
  • Conducting thematic projects by carrying out quantitative analysis, and producing conclusions and recommendations, highlighting key issues and emerging risks
  • Supporting the Department in the delivery of effective, risk-based prudential supervision of firms

Qualifications required:

  • At least 5 years post qualified experience or be able to meet the essential criteria by performing an equivalent role
  • In depth understanding of the key financial and life insurance risk areas for insurers and the actuarial controls needed to ensure these are prudent
  • In depth technical understanding of Solvency II, in particular capital modelling
  • In depth understanding of the key financial and life insurance risk areas for insurers and the actuarial controls needed to ensure these are prudent

Experience required:

  • Good appreciation of the life insurance market in the UK, key industry issues and trends
  • Good working knowledge of the relevant PRA rules and wider professional guidance
  • Good communication and interpersonal skills, including the ability to put across effectively complex technical issues and solutions to non-actuaries
  • Ability to lead work, give and receive constructive feedback, and coach others with a view to improving their and own performance

Consultant

John Koehler

Business Manager – Life Actuarial

T: +44 (0)203 867 9830

Email me

Apply

Upload CV

We accept PDF or Word format, 2mb max.

You may be interested in