PRICING ACTUARY, 30056

The Emerald Group; Ireland; On-site; EUR 90,000 - 150,000; Full time

Job summary

The Emerald Group is seeking an experienced actuary to lead complex reinsurance pricing and structuring initiatives. You will manage key stakeholders, assess regulatory and economic implications of new transactions, and design bespoke reinsurance solutions for diverse client needs.

Role requires international collaboration across time zones, potential travel, and the ability to clearly communicate financial and risk outcomes to senior leadership.

Qualifications

• Qualified actuary with 2+ years post qualification experience.
• Experience of life reinsurance is favourable, particularly in a pricing or structuring role.
• International reinsurance exposure across different regulatory and accounting regimes, geographies and structures is advantageous.
• Advanced knowledge of European solvency and regulatory requirements.
• Strong critical thinking and strategic skills with ability to challenge the status quo.
• Ability to identify and drive business opportunities with key stakeholders across time zones.

Responsibilities

• Manage internal relationships and stakeholders while leading acquisition and onboarding success.
• Understand 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 on new business opportunities; travel internationally as required.
• Communicate clearly to senior leadership on how complex reinsurance solutions affect risk, finance and outcomes.
• Draft and review treaty wordings and transaction summaries.
• Prepare and deliver presentations on pricing developments to internal teams.

Education

Qualified actuary

Job description

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
• Qualified actuary with 2+ years post qualification experience
• 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