Deputy Head of Actuarial Function

TN United Kingdom; United Kingdom; On-site; GBP 70,000 - 100,000; Full time

Job summary

A leading company in the UK is seeking a Deputy Head of Actuarial Function to join their Finance and Actuarial team. This role involves overseeing actuarial calculations, supporting risk management, and leading a team. The ideal candidate will be a qualified actuary with experience in non-life insurance and strong leadership skills.

Qualifications

• Qualified actuary for at least three years.
• Experience in non-life insurance reserving.
• Experience in capital modelling and regulatory work.

Responsibilities

• Conduct or review GAAP technical provisions calculations.
• Support the Head of Actuarial Function with risk management.
• Provide training and leadership to direct reports.

Skills

Problem solving

Effective communication

Team leadership

Data validation

Project planning

Education

Qualified actuary

Tools

Excel

R

ResQ

ReMetrica

Job description

Social network you want to login/join with:

Deputy Head of Actuarial Function, nationwide, uk

Client:

NorthStandard

Location:

nationwide, uk, United Kingdom

Job Category:

Other

-

EU work permit required:

Yes

Job Reference:

6d6930527179

Job Views:

2

Posted:

19.05.2025

Expiry Date:

03.07.2025

Job Description:

We are looking to recruit an Actuary to join our Finance and Actuarial function in Dublin, Ireland.

The role holder will have general responsibilities within the integrated actuarial function encompassing reserving, capital and pricing. The role also involves specific responsibilities in support of the Group Chief Actuary in his role as Head of Actuarial Function (HoAF) for NSEU, with the aim of taking over this role in due course.

What will you be doing?

Key responsibilities will include:

• Conduct or review the calculation of GAAP technical provisions, co-ordinating with data providers, validating data, providing judgement for selection of provisions and reporting to the Reserving Committee and Finance
• Coordinate, conduct or review the subsequent calculation of the Solvency II Technical Provisions and assist the Finance team with regulatory submissions
• Support the HoAF’s provision of an annual Actuarial Opinion on Technical Provisions and related Actuarial Report on Technical Provisions
• Support the HoAF’s contribution to risk management, including provision of annual opinions on the ORSA process, underwriting policy and reinsurance arrangements
• Provide training and leadership to direct reports to complete tasks and aid their development
• Plan project workflows and assign team tasks

About you

Skills/Qualifications/Experience

• Qualified actuary for at least three years,
• Experience of reserving in non-life insurance business
• Ability to juggle multiple varied tasks simultaneously
• Problem solving abilities
• Effective communication skills, both verbal and written
• Proficiency in Excel
• Experience of engaging with auditors and regulators
• Experience of presenting to management committees and boards
• Experience of capital modelling, pricing and regulatory work
• Experience of leading a team with focus on coaching and development
• Proficiency in R, ResQ and ReMetrica
• Knowledge of international trade, particularly the maritime sector.