Senior Part Qualified Actuarial Trainee
25 April by Search & Select
Full Time (38 hrs/wk)
Reference ID: 211665
Duration:
Permanent
Salary: To be advised
End Date: 19 Jun 2025
Job Description
Our client seeks a Senior part-qualified / nearly qualified Actuarial Trainee
Role Profile: The role would suit an individual with at least three years';
experience working for a life insurance company as part of an actuarial training
scheme, who can demonstrate good progress with the IFoA (or equivalent)
examinations. As part of a small team, but with an ability to work
independently, the ideal applicant will have a proven track record of
undertaking reporting work. The role will also involve exposure to other areas
of actuarial work including pricing and product development and actuarial
liability modelling, as well as having the opportunity to contribute to the
growth and development of the company through involvement in project work. Key
Responsibilities: Taking an active role in external reporting, including the
production of valuations to appropriate standards and within agreed
timescales.Taking an active role in delivering internal financial reporting,
including experience investigations to appropriate standards and in line with
agreed methodologies.Assisting with the development and maintenance of actuarial
liability models, checking data extract routines, and maintaining appropriate
documentation.Assisting with the maintenance and development of illustration
systems both for the production of bespoke quotations as well as ensuring
ongoing adherence to the actuarial calculation specifications.Providing
actuarial support to product development and pricing exercises, including the
need to update illustration systems and Prophet models, perform profit-testing
and update product documentation.Providing actuarial support to project work as
and when required. Key Skills and Experience:At least three years' experience of
working for a life insurance company, ideally on the Isle of Man, although
applicants from other jurisdictions will be considered.Very strong analytical
skills and a proven track record of attention to technical detail.Knowledge of
regulatory reporting, with experience of the Isle of Man Risk-Based Capital
regime being beneficial.The ideal candidate will demonstrate an ability to work
effectively within a team yet also be able to work independently when required.A
proven track record of delivering internal and external financial reporting
across multiple jurisdictions and within prescribed timelines would be an
advantage.Be a student member of the Institute and Faculty of Actuaries (or
equivalent body), and be progressing well with the examination syllabus, having
completed at least the Core Principles subjects.Excellent inter-personal skills
and an ability to communicate with people at all levels of the company in an
effective manner.A proven self-starter with an ability to show initiative whilst
asking for support where appropriate. If you have the required skills please
apply online at searchandselect.com quoting reference number: 15575