Manage an actuarial team responsible for analytical analysis and capital modelling, to ensure financial stability of Guardrisk Insurance and its clients and provide modelling support for the valuation of IFRS 17 compliant technical provisions.
Role Purpose Manage an actuarial team responsible for analytical analysis and capital modelling, to ensure financial stability of Guardrisk Insurance and its clients and provide modelling support for the valuation of IFRS 17 compliant technical provisions.
Requirements Expert knowledge MS OfficeAdvance knowledge of MS SQLIntermediate to advanced programming experienceAdvanced understanding of the components of SCR of a Non-Life insurer as prescribed by the prudential standards. Cell captive specific experience advantagesUnderstanding of relevant legislation, ie. Insurance act, Prudential standards, IFRS 4 and IFSR17Advanced understanding of triangulation methods including large loss reserving methods and liability valuation methodsFellow Actuary specialising in Non-LifeAt least 8 years' relevant work experience Duties & Responsibilities Play a leading role in the analysis of results, liaising with auditors and preparation of internal and external reporting materialEstablish consistent processes and controls across the business, to ensure accurate reporting and risk managementDevelop and maintain reserving and capital modelsManage the vetting of accounting data, asset data, reinsurance data and exposure data used for actuarial valuationsDeliver the quantitative projections for the annual ORSADeliver annual, quarterly and monthly SCR analysis Guardrisk Insurance and its cells in line with Group practices and policiesParticipate in providing financial insights to proposed product developments and reinsurance arrangementsCollaborate with internal and external stakeholdersBuild and maintain relationships with clients and stakeholdersContribute to sustaining a competitive edge through external networking and benchmarking and representation on related forumsEngage with key internal and external stakeholders to identify changing client needs and make recommendations to align service offering with client needsCreate a positive work climate and culture to energise employees, give meaning to work, minimise work disruption and maximise employee productivityDemonstrate exemplary leadership behaviour, through personal involvement, commitment and dedication in support of organisational valuesDrive a culture that guides and directs best practice, fostering an environment of continuous learning, improvement and cohesiveness.Enable a learning and growth culture whereby information regarding successes, issues, trends and ideas are actively shared between team membersExecute effective workforce planning practices to ensure that staffing requirements are accurately forecasted.Identify employee growth and development needs and schedule interventions to enable ongoing development, training and personal growthManage high risk and problematic financial and capital issues in area of accountability and contribute to the development of policy.Implement and manage financial risk methodologies, techniques and systems and use to monitor and report on financial activities.Implement and provide feedback on the effectiveness of financial policy, practice and procedures: preventing illegal, unethical or improper conductImplement risk management, governance and compliance policies in own practice area, to identify and manage governance and risk exposure liability#J-18808-Ljbffr
