Finance and Capital Actuary
Moving Heads Personnel
Cape Town, ZA
6d ago
source : JobVine

Finance and Capital Actuary (Non-Life)IrelandProvide routine actuarial / capital model services with minimal supervision by a more experienced actuary.

Perform more complex actuarial / capital model analyses as assigned under the supervision of a more experienced actuary.Demonstrate increasing knowledge of actuarial disciplines and procedures to be able to provide high class service to internal customers.

Support and participate in cross-functional Solvency II discussionsLiaise with individuals and teams across the Group as necessaryUnder general direction, manage the ongoing requirements for defined risk types of the Solvency II Internal Model, ensuring compliance with internal governance rules and regulatory expectations.

Manage the production of results for defined risk types of the Solvency II Internal Model, including reviewing results and providing briefings to management.

Reconciliation of inputs, parameters and outputs of the production runs for defined risk types of the Solvency II Internal Model.

Support the coordination and validation of the Solvency II Technical Provisions (if assigned to the Actuarial team).Provide input and support to Solvency II Pillar II and Pillar III compliance including the ORSA, RSR, SFCR, QRTs and other relevant regulatory reporting.

  • Provide support to Actuarial team in briefings on reserve position and reserving issues, insights into underlying performance and trends and implications for the business (if assigned to the Actuarial team)Provision of other reserving and finance actuarial supportAssist the Finance, Capital, Reinsurance, Risk and Investment teams on an ad-hoc basisUndertake projects as agreed with the Head of Actuarial / Head of Capital ResultsIntermediate knowledge of finance and accounting practices, financial analysis, SII capital models (Internal Model and / or Standard Formula) and regulatory reporting;
  • ability to apply this knowledge appropriately to diverse situationsQualification, Skills and Experience required : Qualified or nearly qualified member of a recognized professional Actuarial OrganizationRelevant actuarial experience (preferably non-life)Advanced knowledge of and ability to use spreadsheet software.

    Intermediate knowledge of actuarial professional guidance and relevant legislation.Basic knowledge of the insurance industry's trends, directions, major issues, regulatory considerations and trendsetters.

  • Basic knowledge, insight, and understanding of business concepts, tools, and processes that are needed for making sound decisions in the context of the company's business;
  • ability to apply this knowledge appropriately to diverse situations.Requires proficiency in English

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