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Actuarial Services - Manager

  • Location

    Malta

  • Sector:

    Audit Practice

  • Contract Type:

    Permanent

  • Salary:

    Attractive

  • Contact:

    Tijana Tufek

  • Job Reference:

    5440

  • Published:

    about 1 month ago

  • Expiry:

    2019-08-21

  • Client Details:

    Castille

  • Consultant:

    Tijana Tufek

  • Skills tags:

    Actuarial

A well established global advisory firm is seeking to employ a manager who will be responsible for leading an energetic actuarial team and the role would include working closely with both audit and non-audit clients in the insurance industry and the multi-disciplinary  insurance team in order to advise and provide assurance to our clients on various matters, including:

  • all areas relating to Solvency II, including the assessment of regulatory capital requirements;
  • valuation of technical provisions in line with Solvency II principles and IFRS;
  • risk management and corporate governance as they relate to our insurance clients;
  • matters relating to the insurance licence application process;
  • adoption of IFRS 17 ('Insurance Contracts').

Skills and Qualifications required:

  • Demonstrable work experience (5+ years) in actuarial insurance related areas – Experience in risk and capital modelling (including model development and implementation, and model validation), and a strong understanding of reserving, underwriting and catastrophe risks, including in particular exposure to Solvency II regulation (drafting of ORSAs, SCR calculations, etc.);
  • Good understanding of a broad range of commonly used reserving techniques and the key reserving issues faced by the insurance industry 
  • Having strong project and financial management skills. The ability to manage, and work in a team and deliver to budget and within timescales is an important skill;
  • Being flexible, have the ability to multi-task effectively and have strong technical, problem identification and analytical skills;
  • Strongly committed to both personal and corporate success – Be self-motivated, in particular taking responsibility for personal development in technical and broader consulting skills;
  • Knowledge in IFRS 17 will be considered to be an asset;
  • Qualification by the IFoA (or equivalent).