Senior Actuarial Reporting Analyst

  • Job Reference: BBBH150291
  • Date Posted: 14 January 2022
  • Recruiter: Jefferson Wells
  • Location: City of London, London
  • Salary: £500 to £515 Per Day
  • Sector: Insurance & Superannuation
  • Job Type: Contract
  • Duration: 6
  • Work Hours: Full Time

Job Description

Senior Actuarial Reporting Analyst - London/Remote

Senior Actuarial Reporting Analyst - London/Remote

This role can be Remote Working/based in London

The duration of this contract is 6 months

The pay rate on offer is up to £515 per day (Inside IR35 - via Umbrella ONLY)

This role is working for a multinational insurance corporation with operations in more than 80 countries and jurisdictions

About the role

Key duties:

  • Produce regular actuarial reports for UK GAAP, US GAAP and MCEV
  • Provide insight on results and explanations for changes relative to budget taking into account wider business decisions
  • Checking the work of Junior Analysts and ensuring a clear audit trail of work
  • Guide and mentor Junior Analysts providing a go to person for any questions or queries
  • Work closely with and support the Reporting Manager with planning of workloads to meet internal deadlines
  • Monitor and analyse new business volumes and the profitability of new business to advise on changes required to meet both volume and profitability targets.
  • Lead the development of reporting tools and processes for the purpose of new product launches, regulatory developments and to ensure the team is continually looking for ways to optimise and improve efficiency
  • Assist the Reporting Manager in the monitoring and understanding of the implications of regulatory developments in UK GAAP, US GAAP and EV reporting
  • Involvement in the annual budget process to produce forecasts for UK GAAP, US GAAP, SII and EV allowing for both inforce business and expectations of future new business sales
  • Produce papers for the Board, Senior Leadership Team and Steering Committees as necessary
  • Provide support for internal and external audits
  • Support business-wide projects

What we're looking for:

  • Part qualified Actuary - ideally should have passed all Core Principle subjects, CP1 or an SP and be making good progress with the exams

  • Experience:
    • Good understanding of key valuation principles and reporting metrics i.e. UK GAAP, IFRS or MCEV reporting. Knowledge of US GAAP and SII would be desirable but not required.
    • Good knowledge of the UK individual and group protection market and products
    • Experience of cash-flow modelling tools (e.g. Mo.Net, Moses, VIP, Prophet)
  • Skills:
    • Advanced skills in Excel
    • Programming skills (e.g. SQL, VBA) is an advantage
    • Excellent communication skills, both written and verbal
    • Attention to detail
    • Collaborative team work
    • Ability to manage workloads to meet tight deadlines