Hiring for Actuarial Lead IFRS 17 Minimum 8 paper.
Title: Actuarial Lead
- Minimum; 8 paper.
- Global Actuarial Modeling (Asia Development)
- IFRS17 Modeling, IFRS17 model
Requirement:
- This role sits within the Actuarial Projects (Consulting) team.
- The role requires a qualified or nearly qualified Actuary who has practical experience of Solvency II and/or IFRS financial reporting.
- The role will initially involve supporting the ongoing IFRS 17 project either by backfilling existing individuals on BAU delivery (current methodology) or supporting IFRS 17 parallel runs.
- The role will also require developing a strong overview of the business, communicating with business areas and understanding the impact of various factors on the financial results.
Key responsibilities:
- Develop a deep knowledge of the business through the financial reporting and ongoing solvency monitoring.
- Accountable for providing a quality service or product to customers and stakeholders, using skills/experience built through significant practical experience or training.
- Accountable for ensuring the team the role supports is delivering a quality service or product.
- Work within established frameworks and procedures, with the freedom to interpret them to solve a range of problems.
- Delivers outputs that are clearly defined, using discretion over how to achieve them.
- Makes suggestions for improvements to the work of the team, based on previous experience and knowledge of similar situations.
- Produce and be accountable for the technical accuracy of financial information to support the production of actuarial analysis and reports.
- Provide specialist technical advice and guidance on the application of actuarial principles and tools to support business objectives, coaching and guiding less experienced members of the team.
- Provide technical expertise to design technical solutions as part of change projects within Finance Reporting where required.
Problem Solving:
- Strong problem solving capabilities and to build individual tools for reconciliation of results.
- Maintain an 'audit trail' and version control to demonstrate the adequacy of the spreadsheet controls for future enhancements to the product.
- Devise and implement efficient and secure procedures for data handling and analysis with attention to all technical aspects.
- Draft and maintain up-to-date, appropriate documentation and checklists for any processes that are implemented.
- Ability to audit, identify and discuss defects, record them and subsequent fixes
- Monitor business and external developments related to own area of responsibility and propose subsequent changes to established procedures.
- Liaise with development, business and systems support teams
- Seek and act on opportunities to develop technical and business understanding.
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