Life Actuary - Financial Reporting

Star Actuarial Futures; United Kingdom; On-site; GBP 40,000 - 80,000; Full time

Job summary

An award-winning financial services organisation is looking for a qualified or part-qualified life actuary with financial reporting expertise, particularly in Solvency II. This role involves calculating solvency coverage, monitoring profit margins, and developing actuarial reporting models. The ideal candidate will have experience in the life insurance sector and a strong understanding of various UK life insurance products. With a focus on flexible working, this position offers a fantastic opportunity to contribute to a dynamic team while achieving capital and financial targets.

Benefits

Flexible Working

Qualifications

• Experience in financial reporting, especially for Solvency II metrics.
• Previous actuarial modelling experience in consultancy or life insurance.

Responsibilities

• Calculate and monitor solvency coverage and new business profit margins.
• Develop and maintain actuarial reporting models and design reinsurance programmes.

Skills

Financial Reporting

Actuarial Modelling

Solvency II

Analytical Skills

Education

Qualified or Part-Qualified Life Actuary

Tools

Prophet Actuarial Platform

Job description

Are you a qualified (or part-qualified) life actuary with financial reporting experience, particularly for Solvency II, seeking your next career opportunity within an award-winning financial services organisation?

Then this could be the ideal job for you!

Delivering results and reports under metrics Solvency II (Pillar 1 & Pillar 2), you will calculate and monitor solvency coverage and understand the drivers in movement.

You will also calculate new business profit margins for reporting to senior management while ensuring the appropriateness of methodology and assumptions used for reporting purposes.

In addition, you will develop and maintain actuarial reporting models/systems and processes and be responsible for the design and review of reinsurance programmes to achieve capital and financial targets.

With knowledge of different types of UK life insurance products, the successful candidate will possess some previous actuarial modelling experience through working in a consultancy environment or for a life insurer.

Prophet actuarial platform knowledge is preferred but not essential.

A fantastic career opportunity offering a high level of flexible working.