Solvency II Actuary

Organisation Description

The client is a leading provider of insurance and financial services with global operations. The companies offer life insurance, annuities, auto and home insurance, retail banking and other financial services to individuals, as well as group insurance, reinsurance and retirement and savings products and services to corporations and other institutions. 


Job Description

Development
Interpretation of Solvency II and IFRS regulations.
Understand Home Office Economic Capital methodology.
Reconciliation between Solvency II, US GAAP and other reporting methodologies
Implementation
Develop a robust internal model together with documentation to a level that it is accepted by the Regulator.
Develop interaction between internal model and risk management (including the ORSA), in particular the necessary management information.
Develop actuarial aspects of reporting and monitoring in line with Solvency II and IFRS requirements.
Other
Relevant aspects of the project are delivered in line with the project plan.
Solvency II compliance by October 2012


Person Specification

Essential
Qualified Actuary with at least 5 years relevant post qualification experience, in UK insurance (acquired either at an insurance company or a consultancy)
Ability to challenge and influence all levels of management
Advantageous:
ICA / Solvency II Experience / Reserving / Supporting Actuarial Function Holder roles
Recent practical experience of using modelling skills to develop controlled valuation and financial projection systems

For further information please call Claire Hutchinson 0207 220 4774 or email claire.hutchinson@reedglobal.com


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