Job Purpose :
Working mainly in the life insurance area, typically with a focus on financial reporting, this role will be split between external audit for broadly half of the year and a range of consultancy work for the balance of the year.
Owing to regulatory changes, Mazars faces a once-in-a-generation growth opportunity within the UK and is looking for candidates make their mark in leading and adding value to a growing global business. The role also includes managing a team of actuarial trainees with medium-term opportunity to progress to a senior level.
Job Role :
Engagement Management :
- Manage the delivery of all life and health external audit and internal audit support work acting as a key point of client contact.
- Liaise closely with Life Actuarial Partner(s), key audit and internal audit managers, whilst managing the work of the actuarial trainees.
- Provide life and health actuarial consultancy to insurers and reinsurers.
- Ensure engagements are executed and delivered to a high technical standard that can stand up to regulatory and other consultancy (e.g. Big Four) scrutiny.
- Ensure engagements are delivered in line with budgets, deadlines and Mazars policies and procedures.
- Understand and address key client issues and anticipate and manage client expectations.
- Maintain top quality delivery, producing output at a consistently high level.
- Takes ownership and accountability for the client relationship and staffs accordingly.
- Commercially astute and aware of the requirement for client profitability.
Technical Life and Health Actuarial :
- Maintain and develop up-to-date and sound technical life and health insurance knowledge.
- Understand and apply life and health actuarial techniques.
- Good knowledge of reserving methodologies used for financial reporting, including IFRS 4 & 17, UK GAAP, Solvency II, as well as other methodologies used internationally.
- Detailed knowledge and familiarity with Technical Actuarial Standards.
People Management :
- Actively participate in the teams approach to people management.
- Develop actuarial technicians and analysts at all levels through effective supervising, coaching, motivating and mentoring.
- Assist in the identification and recruitment of new talent to the team and organisation.
- Maintain a work environment that people find compelling as a place to learn, grow and contribute.
Business Development :
- Champion Mazars overall and particularly the Life and Health Actuarial areas.
- Provide measured and well-thought through input to the overall team and Mazars strategic objectives.
- Develop life and health actuarial consulting opportunities.
- Develop new ideas about maintaining existing business and growing new business, e.g (not exhaustive
a. Actuarial process, governance & controls reviews
b. Actuarial analytics, including tools review / selection assistance
c. Data architecture - E2E processing, single source of truth
d. Finance & actuarial target operating model
e. Data analytics
f. Process automation
g. Systems & tools review / selection assistance
- Leverage client relationships to drive new business opportunities and internal client referrals.
- Understand Mazars full service offerings and identify other business opportunities.
- Help promote life and health actuarial offerings through conference speaking, written articles, social media, etc.
- Develop and maintain a strong network of contacts.
- Develop an industry profile as an industry expert and be known for externally marketing Mazars services.
Person Specification :
- Newly qualified life actuary up to 5 to 7 years post-qualification experience.
- Experience, particularly undertaking external audit and/or delivering financial reporting or valuation. A variety of financial reporting standards experience is preferable.
- Willingness to support the wider Actuarial & Risk team, working on projects outside the traditional life and health areas.
- Willingness to travel.
- Excellent communication skills and technical attention to detail.
- Would suit a self-starter with drive, ambition and a desire to grow the business into their own role and progress their career.
- Ability to manage a small team through both people and project management skills.
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