Con/Sr Consultant/Manager - Actuarial

1. Actuarial Analyst / Senior Actuarial Analyst with a leading re-insurance firm

Required qualifications:

1. Passed minimum 5 Actuarial CT papers

2. Experience in pricing of life insurance products

3. Experience in valuations of life insurance products

4. Post Graduate in quantitative sciences (Mathematics, Statistics, Economics or Actuarial Science)

5. 2-6 yrs work exp in Insurance or Reinsurance Analytics - Preference will be given to people with work experience in P&C reserving/pricing/risk management.

6. IT skills - Excel, Access. Ability to code macros and VBA preferred

Roles and Responsibilities:

1. To perform actuarial tasks of a mathematical and well defined process nature

2. To compile and categorize data for experience analyses, pricing studies, or reserve analyses

3. To carry out pricing and reserving analysis on commutation deals within own actuarial authority

4. To assist in preparing pricing and reserving analyses at the direction of more senior actuarial staff on deals above own actuarial authority

5. Handling data tools used by SARAS such as RIC and BOXI

2. Life and Health Model Validation Actuary

Required qualifications:

1. Good technical knowledge of L&H and/or P&C H models, business, and economic capital frameworks.
2.Actuarial/ Financial Reporting Knowledge: Knowledge of core reserving and reporting regimes, such as US GAAP, economic and regulatory. Also good knowledge of general actuarial principles.

Roles and Responsibilities:

1. Work with the Senior LAC Model Validation Actuary to review and understand model functionality and communicate findings. Communicate with model users and developers to determine how a model is used, how to run the model, to analyze test cells, and to confirm test results

2. Develop harness spreadsheets to reproduce model calculations according to relevant products, guidelines and reporting regimes. Compare spreadsheet calculations to results produced by models, and determine possible causes for differences.

3. Quantify impact of potential model errors, simplifications, and deviations from first principles detected in above analysis

4. Process Governance Manager Risk Management

Required qualifications:

1. 3+ years in (re)insurance process management/modeling and control frameworks of a risk management division

2. Strong knowledge in existing process documentation methodology and tools. Strong facilitation and moderation skills

3. Sound understanding of Risk Management end to end processes (process value chain)

4. Expertise in Governance/ Assurance topics is a must

5. Expertise in technical process modeling (TopEase) is an asset

Roles and Responsibilities:

1. Ensure process transparency by developing Risk Management Process landscape

2. Transform the process documentation principles, requirements and approach into Risk Management BAU

3. Being part of a small team within Risk Management to capture Risk Management processes and controls and become proficient in supporting systems (e.g. TopEase)

Do kindly note that all requirements would require the candidate to have a minimum of 5 completed CT papers.