Overview
Key duties (including, but not limited to):
1. Experience analyses and recommending valuation assumptions
2. Solvency II valuation, including Pillar I, II and III
3. Statutory valuation, including UKGAAP and IFRS 9 & 17
4. Management of with-profits business, including recommendations on investment strategy and bonus rates
5. Pricing of annuity business and policy alteration terms
6. Production of Management Information
7. Support financial projection and planning work
8. Development and maintenance of actuarial models
9. Asset Liability Management
10. Ad hoc tasks as required
11. Comply with the FCA’s conduct (and senior conduct) and Consumer Duty rules and the PRA’s conduct (and senior manager conduct) standards
12. Notify the regulator(s) of matters reasonably expected to be notified
Qualifications required:
13. Degree in Mathematics or other maths-based subject
14. Studying towards the FIA qualification or given up exams (Desirable)
Experience required:
15. Experience in data analyses and ability to investigate data problems independently
16. Knowledge of experience analyses within a UK Life assurer
17. Knowledge of life insurance products
18. Knowledge of Solvency II, Pillars I, II and III
19. Knowledge of Statutory reporting, UK GAAP and IFRS 9 & 17