Actuarial Associate Junior & Senior Level (07 05 ACT)
Letterkenny - Ireland
Department:
Job Summary
Job Type: Permanent
Location: Letterkenny GDC Co. Donegal (Hybrid - minimum 3 days onsite per week)
Keen to accelerate your career in the Actuarial Space
Join TCS as an Actuarial Associate (Junior to Senior Level)!
Join a global tech leader right here in Donegal. With over 850 employees and a state-of-the-art global delivery centre were proud to offer world-class career opportunities without having to leave the Northwest. Recognised as Workplace of the Year by the Letterkenny Chamber we foster a culture of continuous learning innovation and respect. Our people are at the heart of everything we do collaborating across teams geographies and disciplines to drive real change for clients around the world. Be part of something global grounded in Donegal.
Careers at TCS: It means more
TCS is a purpose-led transformation company built on belief. We do not just help businesses to transform through technology. We support them in making a meaningful difference to the people and communities they serve - our clients include some of the biggest brands in the UK and worldwide. For you it means more to make an impact that matters through challenging projects which demand ambitious innovation and thought leadership.
- Collaborate with leading lights of industry
- Gain access to endless learning opportunities
- Shape the future of TCS
The Role
This position will be a member of the TCS actuarial team.
The primary purpose of this role is to be the lead technical & actuarial expert across Actuarial Client Services. The senior role holder will take a lead/technical role in projects and also lead on business-as-usual technical issues such as investigating and signing off corrections that arise on customer policies. We also seek Junior Actuarial Associates starting out on their journey within the Actuarial domain.
Your responsibilities:
- Ensure policy administration illustration systems are updated as necessary.
- Provide actuarial support to business projects (e.g. regulatory projects calculation changes) including defining and signing off (where appropriate) calculation requirements and testing.
- Contribute to review and validate the liability cash flows
- Provide actuarial expertise and sign-off for administration system or customer related escalations provide product expertise sign off bases to be used to determine customer redress resolve issues and queries that arise.
- Refine existing models and build up tools for Life & Pension reserves and capital for annual statements capital calculations and management reports
- Preparation of documents and testing for model registration and model affirmations
- Enhance actuarial processes to improve efficiency and productivity to be following actuarial models validation maintenance and risk management requirements
- Collaborate and engage with key stakeholders: actuarial team finance and controllers modelling treasury audit (internal and external) risk management.
Your Profile
Essential skills/knowledge/experience:
- Degree in Actuarial/Mathematics or similar numerate subject
- Associate of the Institute and Faculty of Actuaries
- 3 years experience with at least 4 Actuarial exams passed or 2 years experience with more than 7 actuarial exams passed from the IFOA Core Principle & Core Practice exams for senior role.
- In-depth knowledge of a range of life assurance and pensions product types and charges
- Working to project deadlines and in a multi-disciplinary environment (e.g. customer service IT Compliance)
- Knowledge of regulatory requirements and supervisory expectations in Ireland (Central Bank of Ireland and The Pensions Authority)
- Strong technical skills with experience in VBA Python and SQL (experience in GGY Axis/ Polysystems/Alpha a plus).
- Experience with international accounting frameworks and/or reinsurance is a strong plus
- Excellent analytical ability
- Excellent verbal and written communication/presentation skills
- Ability to support an actuarial project from conception to completion.
- Report writing skills.
- Highly organised collaborative and adept at managing multiple competing priorities.
Rewards & Benefits
TCS is consistently voted a Top Employer in the UK and globally. Our competitive salary packages feature pension health care life assurance laptop and access to extensive training resources and discounts within the larger Tata network.
We offer health & wellness initiatives and sports events; we are the proud sponsor of the London Marathon and partner with our local communities in Ireland.
Diversity Inclusion and Wellbeing
Tata Consultancy Services UK&I is committed to meeting the accessibility needs of all individuals in accordance with the Ireland Employment Equality Acts 1998-2011 (as amended) and the Equal Status Acts 2000-2012 (as amended).
We welcome and embrace diversity in race nationality ethnicity disability neurodiversity gender identity age physical ability gender reassignment sexual orientation. We are a disability inclusive employer and encourage disabled people to apply for this role.
As a Disability Confident Employer we offer an interview to applicants with disabilities or long-term conditions who meet the minimum criteria for the role. Please email us at if you would like to opt in.
If you are an applicant who needs any adjustments to the application process or interview please contact us at with the subject line: Adjustment Request or email to request an adjustment. We welcome requests prior to you completing the application and at any stage of the recruitment process.
Beware of Fraudulent offers
This is to notify you that TCS does not ask for any sort of payment or security deposit from candidates at any stage of the recruitment process. The firm never sends out job offers from free internet email services like Gmail Yahoo Mail and so on. TCS has not authorised any third-party company to collect money on their behalf. As a vigilant job seeker beware of fraudulent recruitment activity and protect your interests! You can write to tto report any fraudulent activity.
Due to the high volume of applications we will be unable to contact each applicant individually on the status of their application. If you have not received a direct response within 30 days then it should be deemed unsuccessful on this occasion.
Join us and do more of what matters. Apply online now.
Required Experience:
Senior IC
About Company
We strongly believe global challenges need global solutions. We are continually engaging with our employees, clients, partners, public institutions, and community organisations across the world to step up and rise to the occasion. We are #OneTCS. A part of the Tata group, India's lar ... View more