LH Infrastructure Modelling Actuary
LH Infrastructure Modelling Actuary
Posted on :
25-02-2025
Employer Active
1 Vacancy
The job posting is outdated and position may be filled
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Share
Send me jobs like this
Job Alert
You will be updated with latest job alerts via emailValid email field required
Send jobs
Job Description
About this job:
Life Reserving Valuation Models and Overlay platform
- Development and maintenance of actuarial systems models and tools used in regulatory reporting for solvency regimes and financial statements (Multi GAAP)
- Contribute to the implementation of change projects including the migration and decommissioning of several outdated platforms to increase the efficiency and automation of the reserving process
- Support the build of a centralised database with supporting transformation and aggregate calculation tools
- Modernize extend and harmonize the aggregation and consolidation tools across the different processes and geographies by limiting as much as possible the use of Excel and manual retreatments
- Enhance the visualization and analysis capability for use in the validation of results production of management reporting metrics and implementation of controls
- Facilitate the gathering of requirements development of specifications and implementation of an enhanced projection model and reporting platform for ST business
- Acting in a research and development capacity to generate new ideas for affecting process methodology and reporting efficiencies
- Contribute to the updating and enhancement of the accrual methodology process and tools ensuring consistency across product lines and regions
- Working closely with the IT and life actuarial teams Operations Finance external consultants and vendors to implement changes to the modelling architecture
- Review existing process and improve operational efficiency of the regulatory reporting
- Ensure a robust control framework by automation of validations
- Develop and enforce best practices for model governance
- Mentor and guide other team members in the use and development of models and tools
- With the support of management helping to manage production teams expectations to enforce the principle that the GAIT provides development and maintenance support rather than being an additional production resource
- Contributing to the efficient integration of pricing models into the valuation infrastructure through clarifying required changes to pricing and valuation model and implementation of a robust framework for storing and processing pricing cash flow projections
IFRS 17 USGAAP LDTI FRGAAP SII BMA MAS VIF
- Assist team in implementation of data and model requirements for IFRS 17 LDTI FRGAAP SII BMA MAS VIF including writing and reviewing technical specifications and testing
Line of Business models
- Assist with model improvements for inforce business to facilitate a smooth consolidation process as required by Moodys (AXIS) / Inhouse (R)
- Assist with model implementation and processing of new business
Qualifications :
About you:
- Qualified Actuary or experienced professional with university degree in relevant field (Actuarial Statistics IT Engineering) with 5 to 8 years working experience in Life reserving or pricing in the (re)insurance field or related actuarial experience with solid systems development or programming (specifically in R) background and exposure to financial transformation projects.
- Prior experience of financial reporting with respect to regulatory reporting regimes including USGAAP LDTI IFRS 17 SII BMA MAS VIF would be a distinct advantage.
Technical skills
- Strong IT and data management skills;
- Knowledge in relevant software: R (highest priority) SQL/VBA/Python/PowerBI & Power Query (second priority) Moodys/AXIS/Risk Integrity/C/Business Objects/Data Virtuality/Snowflake (third priority)
- Reinsurance knowledge is an asset
- Strongly driven to streamline business processes with an emphasis on automation and maintainability
- Experience in specification development and testing of actuarial and data transformation software
Personal and communication
- Organized able to work in a matrix structure
- Able to set and manage priorities
- Strong communication skills and proficiency in English
- High motivation teamorientation
- Keen to work with other cultures
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
Key Skills
Report This Job
Disclaimer: Drjobpro.com is only a platform that connects job seekers and employers. Applicants are advised to conduct their own independent research into the credentials of the prospective employer.We always make certain that our clients do not endorse any request for money payments, thus we advise against sharing any personal or bank-related information with any third party. If you suspect fraud or malpractice, please contact us via contact us page.
