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Shareholder Reporting Actuarial(Life)

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  • Posted 13 hours ago
  • Be among the first 10 applicants
Early Applicant

Job Description

  • Growth Opportunies
  • Team Management

Job Description

  • Business Planning on IGAAP basis
  • Coordinating with stakeholders to understand business plan requirements
  • Manage business plan portfolio including
  • Managing timelines
  • Review of cash-flows, projected VNB/EV, expense overruns, sources of earnings etc.
  • Analyze the numbers, movement w.r.t. previous business plan
  • Carry out analysis of movements with the help of junior members including
  • Business Planning on IFRS 17 basis
  • Liaise with Finance team/knowledge partner to understand IFRS related requirements, produce and analyze IFRS cash flows including
  • Analysis of profitable and loss-making contracts
  • CSM movements
  • Create CSM - VNB walk and SH Equity - MCEV walk to explain the movement in numbers on different basis
  • Set up templates required to project IFRS earnings and balance sheet over the plan period
  • Solvency II Reporting
  • Quarterly reporting of Solvency II ratio and Free Capital Generation to the Group
  • Discuss results during quarterly Solvency II validation calls with the Group
  • Carry out annual sensitivity tests required for Group reporting
  • Coordinate with the counterparts in the Regional Office and Group to monitor and implement developments related to Solvency II
  • Review processes and methodologies in Solvency II reporting on an ongoing basis and carry out improvements wherever required
  • Review policies and procedures related to Solvency II and ensure their alignment with the Group, as and when required

The Successful Applicant

  • 8+ years of actuarial work experience in life insurance
  • Preferably a fellow of IAI/IFoA
  • Prior exposure to Solvency II or IFRS 17 is preferred
  • Should be capable of managing a team
  • Good understanding of insurance product features and regulations
  • Excellent analytical and communication skills
  • Committed to meeting timelines

What's on Offer

Lead a team of actuaries, be a part of a growing team

More Info

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About Company

Michael Page has five decades of expertise in professional services recruitment. We were established in London in 1976, and over this period we've grown organically to become one of the best-known and most respected consultancies, with an office network spanning six continents.
While size has its advantages, it doesn't define us - the nature of our organic growth means that each new office is integrated into the region that it serves. It also means that as an employer looking to hire, or as a candidate aiming to grow your career you have the best of both worlds&#x3B; a team that understands the market and geography you operate in, plus the resources and expertise of an international network at your disposal.

Job ID: 145005043