Actuarial Expert
2 months ago
The Recruitment Council is seeking a highly skilled Actuarial Specialist to support our business goals through effective actuarial modelling and monitoring of key solutions.
Key Responsibilities- Elicit and analyze complex business requirements through interviews, workshops, and workflow analysis.
- Develop clear and concise business solutions, addressing root causes rather than symptoms.
- Document and refine actuarial models to meet evolving business needs.
- Collaborate with internal and external stakeholders to address their needs, providing clear and timely feedback.
- Lead the development of engagement plans and ensure stakeholders are up to date with project progress.
- Translate business objectives into well-defined models, ensuring accuracy in scope, data, and assumptions.
- Regularly monitor and adjust models to reflect business realities, providing transparent documentation.
- Use data from various sources to assess key themes impacting the business.
- Ensure data accuracy by reconciling with credible sources and acquiring sign-off from senior management before use.
- Plan and manage system changes, ensuring thorough impact and sensitivity analyses.
- Develop clear documentation for model deployment and implement monitoring processes to track performance.
- Design and execute reporting strategies, delivering actionable insights to stakeholders.
- Regularly validate data accuracy and provide ecosystem insights to enhance business decision-making.
- Manage a diverse team, setting performance objectives and ensuring the achievement of team goals.
- Oversee the development of talent pipelines and succession planning within the actuarial function.
- Continuously enhance business practices by developing new solutions and refining existing models.
- Stay current with actuarial techniques and proactively suggest improvements.
- Ensure adherence to professional and regulatory standards, maintaining high levels of integrity and professionalism.
- Mentor and coach staff in data analysis, model development, and business acumen.
- Train and upskill the team to meet evolving business requirements.
- Oversee a portfolio of projects, ensuring timelines and quality standards are met.
- Action Oriented
- Manages Complexity
- Resilience
- Business Insight
- Accountability
- Effective Communication
- Collaboration
- Financial Acumen
- Optimizes Work Processes
- Persuasion
- Builds Networks
- Plans and Aligns
- Instills Trust
- Interpersonal Savvy
- Decision Quality
- Conflict Management
- Customer Focus
- Advanced actuarial and statistical modeling
- Strong mathematical and statistical background
- Data collection, analysis, and management
- Writing and verbal communication skills
- Presentation and analytical processes
- Action planning and project management
- Compliance with regulatory standards
- Expertise in actuarial and statistical software, advanced Microsoft Office
- Bachelors or Honours degree in Actuarial Science or related field
- Progress toward or completion of an Actuarial qualification
- 4+ years of actuarial experience in a life insurance environment
- If you are passionate about solving complex problems through data-driven actuarial solutions, we invite you to apply for this exciting role.
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