Actuarial Specialist

Actuarial Specialist Job Description Template

Our company is looking for a Actuarial Specialist to join our team.

Responsibilities:

  • Assisting with capital calculations for purposes of pricing new products;
  • Involvement in the communication of the results to various stakeholders;
  • Assisting with the various statutory returns and other compliance-related tasks;
  • Providing the reporting information required for the ORSA (Own Risk and Solvency Assessment);
  • Production of the quarterly Regulatory capital reporting, including an analysis of change;
  • Calculation of Investment Guarantee Reserves;
  • Stress testing and scenario analysis;
  • Calculation of management actions for Smooth Bonus and Dynamically Hedged products.

Requirements:

  • Good progress with the Actuarial exams –completion of the Core Technical exams and good progress with the Core Application exams essential;
  • Experience with stochastic models as well as experience with the complexities of running bespoke technical models essential;
  • A good understanding of Corporate Products will be a distinct advantage;
  • Advanced Microsoft Excel capabilities required;
  • Bachelor’s Degree in Actuarial or Business Science essential;
  • Assist business unit with insurance product development;
  • Business viability studies;
  • Product enhancement;
  • Financial modelling;
  • Graduate degree in Actuarial Science or Business science degree.