Head of Actuarial Reporting / Deputy Head of Actuarial Function, Irish Life Assurance

Canada Life; Dublin; Hybrid; EUR 120,000 - 180,000; Full time

Job summary

Irish Life seeks a senior actuarial leader to be Deputy Head of Actuarial Function and to head the Actuarial Reporting team within the Actuarial Function in Irish Life Assurance (ILA).

Reporting to the Head of Actuarial Function, you will oversee actuarial reporting and projections across Solvency II, IFRS and LICAT while driving innovation and ensuring regulatory compliance.

Responsibilities

• Lead the Actuarial Reporting team, setting the strategic direction, priorities and delivery plans across all reporting and projection activity.
• Ensure the timely, accurate and insightful delivery of financial and capital reporting across Solvency II, IFRS and LICAT for all lines of business in ILA.
• Provide strategic leadership and significant influence on complex actuarial, financial and capital matters, using sound judgement to analyse issues, shape recommendations and support in

Job description

Full Time Permanent position Hybrid role based in our City Centre offices Irish Life At Irish Life, our purpose is to help people build better futures. Our company values shape everything we do and underpin our vision of being the driving force behind Ireland's financial, physical, and mental well-being. This role presents an exciting opportunity to be part of one of Ireland's leading financial services groups with over 1.6 million customers. For over 80 years, we've been helping people to look after their life insurance, pension and investment needs (and more recently their health insurance) and this role plays a key part in overseeing the financial strength of our core insurance businesses. Irish Life is a subsidiary of Great-West Lifeco and a member of the Power Financial Corporation group of companies. We are proud of our culture of developing and supporting the growth and professional development of our people. The company fosters a dynamic and collaborative work environment, offering career growth, learning opportunities, and strong employee benefits. The focus has resulted in a team of top talent with high standards, positioning us at the forefront of our industry.

What we offer

We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.

We are now settled into our newly renovated, state-of-the-art offices in Dublin city centre, designed to support collaboration, wellbeing, and an enhanced employee experience.

• A fully equipped gym
• A swimming pool
• A modern staff canteen
• Dedicated wellbeing spaces and facilities

These new offices provide a contemporary and flexible working environment, supporting our commitment to employee wellbeing, connection, and collaboration.

We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few. Further details on our benefits package can be accessed here Benefits (life-careers.com)

At Irish Life, our purpose is to help people build better futures. Our company values shape everything we do and underpin our vision of being the driving force behind Ireland's financial, physical, and mental well-being. We believe in doing the right thing-acting with integrity and making fair, responsible decisions. We aim high, setting ambitious goals and find better ways to innovate and improve. Our customers are at the heart of everything we do and we are dedicated to understanding their needs and exceeding their expectations. Achieving this is only possible when we work best together-in a supportive, collaborative environment where every idea and contribution is valued.

Role Overview

We are seeking a senior actuarial leader to be our Deputy Head of Actuarial Function and to head the Actuarial Reporting team within the Actuarial Function in Irish Life Assurance (ILA). Reporting to the Head of Actuarial Function (ILA) you will provide leadership and strategic direction to a specialist team responsible for all aspects of actuarial reporting and projections across multiple bases - Solvency II, IFRS and LICAT as well as making a broader contribution across the business including driving innovation and evolving the Actuarial Function. This is a broad leadership role with direct influence on financial and capital outcomes across all business lines in ILA. You will combine strong actuarial judgement with commercial insight, develop capability across the function and ensure that reporting remains responsive to evolving business, financial and regulatory requirements. The role carries significant people management responsibilities, overseeing a team of 25-30 colleagues across the Actuarial Reporting function. The role reports directly to the Head of Actuarial Function (ILA). and sits within our Insurance and Financial Solutions Unit which manages both ILA and Irish Life Health to drive and deliver on our Better Futures Strategy. IFS is responsible for the development and monitoring of the full range of life insurance, pension, health insurance and investment products that Irish Life offers across a wide range of channels to both individual and corporate customers.

Principal Accountabilities

1. Lead the Actuarial Reporting team, setting the strategic direction, priorities and delivery plans across all reporting and projection activity, aligned to the wider priorities of ILA and the Actuarial Function.
2. Ensure the timely, accurate and insightful delivery of financial and capital reporting across Solvency II, IFRS and LICAT for all lines of business in ILA.
3. Provide strategic leadership and significant influence on complex actuarial, financial and capital matters, using sound judgement to analyse issues, shape recommendations and support in