PRICING ACTUARY, 30056

The Emerald Group Ltd, Search and Selection; Dublin; On-site; EUR 90,000 - 130,000; Full time

Job summary

The Emerald Group Ltd, Search and Selection is seeking an experienced actuary for a senior life reinsurance role in Dublin. The position focuses on pricing and structuring bespoke reinsurance solutions, overseeing acquisitions and onboarding, and engaging with global Hannover Re teams across time zones.

You will articulate the financial and risk implications of complex treaties to senior leadership. Qualified actuary with 2+ years post-qualification experience is required; international

Qualifications

• Qualified actuary with 2+ years post-qualification experience.
• Experience in life reinsurance pricing or structuring is advantageous.
• Knowledge of European solvency and regulatory requirements.

Responsibilities

• Manage internal relationships with key stakeholders while overseeing acquisition and onboarding.
• Demonstrate understanding of regulatory, accounting and economic impacts of prospective transactions.
• Design and review bespoke reinsurance solutions to meet client needs.
• Collaborate across time zones with Hannover Re entities globally on new business opportunities, including international travel as required.
• Communicate how complex reinsurance solutions impact risk profiles and financial outcomes to senior leadership.

Education

Qualified actuary with 2+ years post qualification experience

Job description

Overview

Key responsibilities including but not limited to:

• Manage internal relationships and key stakeholders while managing successful acquisition and onboarding
• Demonstrate a thorough understanding of regulatory, accounting and economic impacts of prospective transactions
• Design and review bespoke reinsurance solutions to meet the diverse needs of clients
• Work collaboratively across time zones and geographies with Hannover Re entities globally on new business opportunities and where required, supporting this activity with international travel
• Effectively communicate how complex reinsurance solutions operate, the effect on their risk profile and the financial and economic outcomes to the senior leadership team including the CEO, Business Centre Head L&H, CFO, Head of Corporate Actuarial and CRO
• Draft and review treaty wordings and transaction summary documentation
• Prepare and deliver presentations to internal colleagues on the latest pricing developments

Qualifications Required

• Qualified actuary with 2+ years post qualification experience

Experience Required

• Experience of life reinsurance is favourable, particularly in a pricing or structuring role
• International experience of reinsurance business across different regulatory and accounting regimes, geographies, reinsurance structures, product designs beneficial
• Advanced knowledge of European solvency and regulatory requirements
• Critical thinker – performs independent assessments in new situations with the confidence to challenge the status quo
• Strategic – proactively identifies and drives business opportunities as they present themselves, influencing the key stakeholders