Sr. Resourcing Specialist at Seventhedge
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Across Level - Actuarial - Insurance (5-10 yrs)
Roles and responsibilities
Key responsibilities:
- Responsibility for supervision of other team members or managing a small team and own the delivery of that team for allocated pieces of work or project management; maintaining time and quality delivery standards.
- Performance Management - Ensure delivery of People Management Pru and that all its processes and tools are fully utilised in managing people allocated to him/her.
- Seek and act on opportunities to develop wider and deeper technical and business understanding.
- Monitor business and external developments related to own area of responsibility and propose consequent changes to established procedures.
- Undertake numerical analysis and manipulation using a range of systems and actuarial tools.
- Prepare and document simple computer programmes and models to clearly defined requirements.
- Support a range of management reports like committee papers, board reports, process efficiency reports, and regulatory returns.
- Respond to straightforward technical queries.
- Support other team members in a range of project work as and when required.
- Seek and act on opportunities to develop technical and business understanding.
- Draft and maintain up-to-date, appropriate documentation and checklists for any processes that are implemented.
- Compliance - Ensure understanding and adherence to Code of Conduct and, where appropriate, comply with all relevant regulatory policies. This includes completion of any mandatory training requirements.
- Financial Controls - Ensure all expenditure commitments (orders, contracts, budgets etc) and all payments are properly authorised, controlled and monitored, in accordance with l UK delegated authority requirements. The responsibilities of expenditure authorisers are documented in the l UK Financial Procedures Manual.
Problem Solving:
- Ability to think through issues at hand (People / Technical) and propose line of action, solution and way forward.
- Ability to review existing processes within the team and propose structured and executable process improvement initiatives.
- Ability to confidently express own viewpoint and to clearly and simply communicate actuarial issues within their team.
- Ability to develop clear, workable plans for self; monitor progress; ensure deadlines and commitments are met.
- Maintain and develop knowledge of technical requirements of job together with the framework in which operates.
- Under supervision, develop clear, workable plans for self; monitor progress; ensure deadlines and commitments are met.
Working Together:
- Good level of Stakeholder management skills.
- Ability to plan and prioritise own and team's workload.
- Ability to deliver on multiple tasks to demanding timescales.
- Ability to effectively influence colleagues.
- Communicate effectively with others, develop positive networks and working relationships.
Key Interfaces (please detail purpose and level of contact)
Internal External
For example: Finance Actuarial team
For example: Actuarial team
Competence / Knowledge / Skills required
- 5-7 years of relevant Actuarial experience
- An active student member of the Institute or Faculty of Actuaries and / or Indian Institute of Actuaries with 11actuarial exams cleared.
- Thorough understanding and experience of at least one function / team within Actuarial and ability to deliver on assigned tasks independently like Valuation, Modelling, Pricing.
- Good knowledge of the Financial Services industry and regulatory environment like EEV, IFRS, Solvency II.
- Good level of business influence skills like commercial appreciation and attitude required.
- Good level of understanding of the financial dynamics of Insurance business and how key factors influence the various financial measures.
- Good knowledge of insurance industry related products like Annuities, Bonds, Lifetime Mortgage, Unit Linked and With Profit.
- Good Knowledge of either MoSes/Prophet/RAFM.
- People management experience
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