Senior Reserving Actuary
Senior Reserving Actuary
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Job Description
About this job:
The focus of this role is to take part in the management and monitoring of a large and strategic portfolio of long term and short term protection products in the UK and Ireland. The position is reported to the Head of UK/IRL protection Life and Health Reserving.
Core responsibilities will include:
- Production of quarterly reserves on applicable bases (USGAAP SII VIF)
- Preparation and signoff of the Solvency II results including the shocks and Analysis of Change together with the LDTI GAAP.
- Preparation of supporting documentation (unit testing basis checks etc.) to validate work produced to line manager & auditors.
- Ensure the model documentation and a robust control framework.
- Drafting of the Annual Assumption Review of base mortality and morbidity disability termination rates morbidity deterioration mortality improvements lapses and other relevant assumptions on the portfolio.
- Provide insight into observed experience propose base changes where relevant and quantify financial impacts.
- Ensure data quality and participate in integration of new data in the administration platform (LAP or Osiris)
- Play an active role in the model and tools maintenance (Axis R PowerQuery) and treaty modelling in Axis
- Coordinate with other team members to facilitate the consolidation.
Qualifications :
About you:
Qualified Actuary with 8 or more years working experience in Life valuation reserving or pricing in the reinsurance field or related actuarial experience on protection products. Prior experience of Solvency II US GAAP valuation / reserving and financial reporting would be beneficial.
- Knowledge of a modelling platform ideally AXIS and of the R/VBA/SQL/PowerQuery coding language would be an advantage
- Strong IT and data management skills
- Reinsurance knowledge is an asset
- Organized proactive and keen to be flexible around busy periods
- Able to set & manage priorities & to meet deadlines
- Strong communication skills and proficiency in English French is a plus
- Highly motivated team player
Additional Information :
#LIHybrid
PartnerRe provides a working environment in which diversity is valued where all employees feel welcome respected and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.
Thank you
PartnerRe Hiring Team
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
