Reserving analyst M/F

  • 25 avril
  • Ireland
  • CDI
DUTIES AND RESPONSIBILITIES
Reserving:
Calculate reserves in a timely and accurate manner
Participate in the development and testing of new methodologies for calculating the technical reserves
Produce control cards in line with risk management requirements of internal control
Conduct experience surveys on mortality, morbidity etc.
Participate in the updating of reserving policies and measure the impact of the updated reserving policies
Production and review of the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure they are in line with the current Reserving Policy
Produce and check the Profit Shares calculated for our partners in line with our agreements
Participate in the implementation of the reserves calculation in the Data Centralizer (Project Titan)
Participate in the implementation of a Control Framework for the Data Centralizer Technical Accounts
Annalise the gaps between Local GAAP and IFRS17
Assist the S2 Modelling Team in meeting the input requirements of the Actuarial Function regarding Technical Provisions expertise and Data Quality

Projects:
Work as part of a team and independently to complete projects in a timely manner
Liaise with teams outside of the actuarial department and other Group departments

Processes:
Develop, update, implement and improve processes related to the activity of the actuarial department
Participate in the writing of procedures

Liability Adequacy Reporting:
Produce quarterly controls in line with Risk Management requirements
Analyse the variation in the claims experience

Database Management & Reporting:
Work on testing single integrated database management with data quality team experts
Maintain, update and upgrade on a daily basis the actuarial SAS database
Assist in defining reporting requirements while setting up new partners / products

Budget:
Provide necessary actuarial assumptions for preparation of budget
Responsible for checking the budget completed by the underwriting team

External relations:
With IT, Project, Administration & Operations, Finance and Business Development Departments
With corporate clients and Third Party Administrators (TPA)

Actuarial Trainee with 2 years? experience
Experience with SAS/SQL and VBA Programming an advantage
Experience working with Microsoft packages, particularly Excel, a necessity
Knowledge of common Reserving techniques an advantage.
(eg: Bornheutter Ferguson, Chain Ladder, Mack Method)

Actuarial Trainee with some experience working in an actuarial role