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Actuary (O910344)

Douglas, Isle of Man

Assurance & Insurance

£58,000 - £62,800 per annum (DOE) plus excellent benefits package

Full time / Permanent

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Job description

Overview

Our Financial Services Client in Douglas is enjoying tremendous growth and have ahead of them an exciting technology portfolio. To support them through this, they require an Actuary (Nearly/Newly Qualified/Part Qualified) to join their expanding team.

You will be either Part*, Newly or Nearly qualified Actuary (* must be prepared to conclude qualification) and have proven experience and understanding of actuarial regulatory requirements in the Isle of Man and the UK

Role Profile

  • Working with both the Actuarial Manager and the Head of Actuarial to ensure results are delivered on time to the required quality. This will include: Economic Value, Solvency Capital Requirements, Value of New Business, Business Plan Projections
  • Delivery of analysis of actuarial results, using actuarial judgement and analytical skills, to produce high quality analysis of key metrics for use by company and group management teams
  • Undertaking experience investigations and setting best estimate assumptions
  • Regular development and improvement of the reporting processes
  • Remain up to date with current and forward thinking actuarial techniques and good practice.
  • Develop understanding of the mechanics of the IRIS actuarial projections model used and the assumptions underpinning the model
  • Work with internal and external auditors with the aim of ensuring effective audits

Person Profile

  • Part*, Newly or Nearly qualified Actuary (* must be prepared to conclude qualification)
  • A minimum 2:1 or better in a Mathematics, Statistics or equivalent numerical degree
  • Experience and understanding of actuarial regulatory requirements in the Isle of Man and the UK
  • Good written and verbal communication skills - able to interact with senior management and communicate technical content clearly (to all levels) including to other non-technical managers
  • Ability to work independently where required on actuarial measures, using actuarial experience and judgement, to ensure results are delivered on time to the required quality

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