Valuations Actuary

Job description

To support the activity and responsibilities within the Dublin Corporate Actuarial and Business Performance team, a valuations actuary position has opened up to provide support to the Solvency II and IFRS Actuarial Managers who lead the production of Solvency II and IFRS results (on an IFRS17 basis) for the two composite legal entities in Ireland. The Solvency II and IFRS Senior Actuarial Managers support the Actuarial & Business Performance Director in producing and reporting key actuarial metrics for the entities as well as supporting senior management with detailed analysis and projections of key financial, capital and liquidity metrics.

 

This role offers an exciting opportunity to be part of an expert actuarial team including regular engagement with internal and external stakeholders across the globe.

Required experience and competencies.

Experience:   

·  Qualified Actuary with demonstrated experience
·  Reserving (Solvency II and/or IFRS) experience preferable
·  Reinsurance experience advantageous

 

Competencies:

·  Excellent interpersonal skills to quickly develop good working relationships both locally and throughout the SCOR group.
·  Well organised, efficient, pragmatic and autonomous
·  Strong analytical competence
·  Problem Solving with attention to details.
·  Conscientious, curious and enthusiastic
·  Flexibility and openness to change.
·  Excellent interpersonal skills, with ability to challenge and build consensus. 
·  Focused and proven ability to meet deadlines.
·  Ability to communicate and forge constructive relations across the various SCOR entities of the Group. 
·  High level of computer literacy
·  Strong skills in MS Office

Key Areas of the Role:

 

Support the Solvency II and IFRS Actuarial Managers across a wide range of tasks and responsibilities relating to the Life & Health business, including:

·  The quarterly production, reporting and analysis of the best estimate cashflows for Solvency II and IFRS Reporting 
·  Assisting with the quarterly production, reporting and analysis of the consolidated L&H company results for IFRS (local and group) and Solvency II reporting. 
·  Preparation of the annual financial statements and associated papers.
·  Working with the team to develop and embed IFRS17 processes, (including those related to PVFCF, RA and CSM) and controls within team.
·  Working closely with Finance in terms of the review of results for specific markets/deals
·  Maintaining appropriate and auditable controls, reconciliations and documentation with respect to valuation, cash flow testing, data and model changes.
·  Collaborate with modelling/reserving teams across SCOR Group.
·  Liaising with relevant external and internal stakeholders including external auditors and colleagues throughout the SCOR Group, particularly in the US, Asia Pacific and Europe.
·  Support the Actuarial Senior Managers in preparation of the results
·  Mentoring and development of actuarial trainees
·  Other ad hoc project work as it arises.