Actuarial Manager
2 months ago
Hire Resolve's client is seeking an experienced Actuarial Manager to lead their life insurance team. The ideal candidate will have a strong background in actuarial science and a passion for risk management.
Key Responsibilities- Lead actuarial evaluations and analyses for life insurance products, ensuring compliance with regulatory standards.
- Develop and maintain pricing models and reserve calculations for life insurance products.
- Oversee the preparation and presentation of actuarial reports and insights for internal stakeholders and external clients.
- Review and validate the actuarial assumptions and methodologies used in product pricing and valuation.
- Contribute to the design and implementation of IFRS 17 compliant models.
- Engage in annual ORSA processes and risk assessment initiatives.
- Collaborate with finance and risk management teams to ensure cohesive strategies in managing life insurance portfolios.
- Continuous improvement of actuarial processes, methodologies, and technical skills within the team.
- Establish and nurture collaborative relationships with clients and key stakeholders.
- Engage in discussions to understand client requirements and align product offerings with market needs.
- Contribute to panel discussions and networking opportunities in life insurance to pursue innovative solutions.
- Foster a positive and inclusive team environment that promotes professional growth.
- Demonstrate leadership qualities, driving team performance towards achieving strategic goals.
- Encourage knowledge sharing and collaborative problem-solving within the actuarial team.
- Identify and support staff development initiatives to enhance team capabilities.
- Ensure rigorous financial risk assessments are executed for life insurance products.
- Implement financial policies and provide feedback on compliance to mitigate potential risks.
- Monitor financial activities to ensure accountability and transparency in operations.
- Advanced proficiency in actuarial software and MS Office suite.
- Strong quantitative and analytical skills with a focus on life insurance metrics.
- Comprehensive understanding of regulatory frameworks including IFRS 17 and relevant insurance legislations.
- Experience in pricing models and reserving techniques for life insurance products.
- Fellow Actuary with specialization in Life Insurance.
- Minimum of 3-5 years' actuarial experience in the life insurance domain.
- Nearly or Newly qualified Actuary.
Hire Resolve offers a competitive salary and benefits package for this role. If you are a motivated and experienced Actuarial Manager looking for a new challenge, please contact us to discuss further.
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