Job Ref. No. JLIL118
Role Purpose
The role provides actuarial modelling and reporting in product development & profit-testing, IFRS17, solvency, risk capital, management and financial reporting, regulatory compliance.
Main Responsibilities
- Actuarial reporting for financial & regulatory compliance: Including actuarial reserving, IFRS17 modelling, Financial Condition Report, Solvency, Embedded Value, Risk Based Capital reports.
- Product Development: -
- Pricing, profit-testing, system set-up
- Development of policy documents for new products
- Developing illustrations for new products
- Scenario & sensitivity testing
- Actuarial experience analyses including mortality investigations; persistency; expenses; investment returns; analysis of reserves & surplus
- Projections and Budgeting: Projected actuarial reporting for financial statements & strategic planning
- Actuarial risk technical modelling and use of internal models
- Perform other duties as may be assigned.
Key Competencies
- Strong analytical skills.
- Actuarial modelling skills: Excel, VBA, actuarial software.
- Experience in IFRS17 is an added advantage.
- Delivering results and self-driven.
Qualifications
- BSc. Actuarial Science or Statistics or Mathematics, or equivalent with strong mathematical proficiency – required.
- Professional actuarial exams progress – Minimum 4 exams with recognized body such as IFOA, SOA
Relevant Experience
