Senior Actuarial Trainee

Raretec; Dublin; On-site; EUR 28,000 - 42,000; Full time

Job summary

Raretec seeks an Actuarial Trainee to join its expanding actuarial function in south Dublin. This permanent, hybrid role offers broad exposure across reserving, Solvency II reporting, and IFRS 17 reporting, alongside involvement in day-to-day operations of the actuarial team.

The successful candidate will report to a Qualified Actuary and benefit from study sponsorship toward actuarial qualification, within a well-established team in an international financial services group.

Qualifications

• 2 to 4/5 years' experience in an insurance actuarial environment.
• Knowledge of Solvency II and IFRS 17.
• Reserving knowledge with exposure to ResQ.
• Fleet motor and/or personal lines experience is a plus.
• Strong analytical and communication skills.

Responsibilities

• Apply best estimate reserving techniques to prepare quarterly reserve estimates.
• Support Solvency II analysis, focusing on Technical Provisions.
• Assist IFRS 17 reporting activities.
• Support projects including claims trend investigations and stakeholder engagement.
• Assist with year-end actuarial certification and regulatory reporting.
• Contribute to actuarial software and systems improvements.
• Prepare materials for quarterly Board and group risk meetings.

Skills

Actuarial analysis

Solvency II

IFRS 17

Reserving

Stakeholder comms

Time management

Education

Bachelor's degree in Actuarial

Tools

ResQ

Excel

Job description

Our client is seeking anActuarial Traineeto 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

Interested?

If you'd like to discuss this opportunity in confidence, please contact Kate Henebry

📧 [e-mail] 📞 085 127 9934