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Actuarial Analyst – (26000009)
Job Purpose and Key responsibilities
Job Purpose:
To provide actuarial support to the assigned LOB and participate in overall risk management for the company.
Key responsibilities:
- Select appropriate reserve calculation method and calculate reserves.
- Provide analysis to support the renegotiation of the existing contracts.
- Provide input in product development for the LOB.
- Provide inputs into product pricing and setup in the actuarial pricing and valuation system.
- Review and monitor experience on all products to inform decision making including profit testing of existing products.
- Provide comprehensive actuarial reports to the business each quarter and highlight key issues on an ongoing basis including solvency and capital monitoring.
- Address all areas raised by the IRA in their risk inspection and continue to highlight emerging risks.
Knowledge, experience and qualifications required
Knowledge, experience and qualifications required:
- University Degree in actuarial science, statistics, engineering, mathematics, physics, economics or related field with strong emphasis on mathematical proficiency.
- 2-4 years’ experience in a similar position.
- Progress in Institute of Actuaries examinations (9 papers).
