Actuarial Trainee

Raretec Recruitment; Dublin; On-site; EUR 42,000 - 62,000; Full time

Benefits offered by this job

Study sponsorship toward actuarial資格

Job summary

Raretec Recruitment seeks an Actuarial Trainee to join its growing actuarial function on a permanent basis. The hybrid role is based in south Dublin, offering broad exposure across reserving, Solvency II reporting, and IFRS 17 reporting.

The successful candidate will report to a Qualified Actuary and receive study sponsorship toward actuarial qualification, joining a strong team within a major international financial services group.

Qualifications

• 2 to 4/5 years' experience in an insurance actuarial environment (preferably non-life)
• Knowledge of Solvency II requirements and IFRS 17 familiarity
• Reserving knowledge and experience, ideally with exposure to specialist reserving software (e.g. ResQ)
• Fleet motor and/or personal lines motor experience would be an advantage
• Excellent analytical skills with ability to interpret complex data
• Strong time management and ability to meet deadlines
• Ability to communicate with international teams and non-actuarial stakeholders

Responsibilities

• Apply best estimate reserving techniques to prepare quarterly reserve estimates with explanations
• Support Solvency II analysis focusing on Technical Provisions calculations
• Provide assistance to IFRS 17 reporting team
• Assist with year-end actuarial certification, audit engagement, and regulatory reporting
• Contribute to upgrades of actuarial software and systems including reserving software
• Prepare materials for quarterly Board and group risk meetings

Skills

Reserving knowledge

Solvency II

IFRS 17

Analytical skills

Time management

Communication

Tools

ResQ

Job description

Our client is seeking an Actuarial Trainee to join its growing Actuarial function on a permanent basis.

This hybrid role is based in south Dublin and offers broad exposure across reserving, Solvency II reporting, and IFRS 17 reporting, alongside involvement in the day-to-day operations of the Actuarial team.

The successful candidate will report to a Qualified Actuary and will be supported with study sponsorship towards actuarial qualification. This is a strong opportunity to join a well-established team within a major international financial services group.

Key Responsibilities

• Apply best estimate reserving techniques to prepare quarterly reserve estimates with accompanying narrative explanations
• Support Solvency II analysis, with a particular focus on Technical Provisions calculations
• Provide assistance to the IFRS 17 reporting team
• Support internal projects and initiatives, including granular claims trend investigations and stakeholder engagement on mitigating actions
• Assist with year-end actuarial certification, audit engagement, and Solvency II quarterly and annual regulatory reporting
• Contribute to upgrades and improvements to actuarial software and systems, including reserving software
• Assist in the preparation of materials for quarterly Board and group risk management meetings

Requirements

• 2 to 4/5 years' experience in an insurance actuarial environment, preferably with non-life experience
• Some knowledge of Solvency II requirements and familiarity with IFRS 17
• Reserving knowledge and experience, ideally with exposure to specialist reserving software (e.g. ResQ)
• Previous fleet motor and/or personal lines motor experience would be an advantage
• Excellent analytical skills, with the ability to interpret complex financial data and statistics
• Strong time management, organisational skills, and ability to work to strict deadlines
• Ability to communicate well with international teams and non-actuarial stakeholders