Product & Risk Actuary
Group Assurance Products, supporting the Head of Group Assurance Actuarial (Risk).
Responsible for a team of actuarial students, with the focus being to maintain GAPs excellence in product and risk management. Developing and implementing the reinsurance strategy (both long and short term) and will be expected to interact with clients, intermediaries and internal stakeholders at all levels.
Core responsibilities of the role will include:
Develop and implement a framework for performing regular product reviews
Maintenance to and/or enhancements of the existing group risk product range
Identify, manage and mitigate risks in the business relating to group assurance products & reporting thereof to the relevant governing committees
Managing of and reporting on both the inwards and outwards reinsurance requirements for the group risk products for GAP; including (inter alia) auto-treaty, facultative and international pooling arrangements
Setting the strategic reinsurance strategy for GAP, both long and short term
Provide thought leadership and actuarial expertise to a cross-functional team reviewing key features of existing group risk product suite
Provide technical oversight and support, i.t.o. group risk products to servicing areas
Provide support in performing market research & competitor analysis to inform product strategy
Pricing of large and complex group risk arrangements
Training & development of junior actuarial students
Management of multidisciplinary admin team
Qualified actuary / nearly qualified actuary (exceptional candidates who dont meet this requirement may be considered)
At least 5 years of actuarial experience
Exposure to products or pricing roles
Execution of end to end administration for reinsurance
Experience with Group Risk products and reinsurance would be a distinct advantage
Ability to run projects and priorities and work independently
Experience in managing junior actuarial students and a multidisciplinary team
Strong business acumen
Excellent communication skills
Ability to work across teams and collaborate with various stakeholders
Ability to think innovatively in developing client-centric solutionsApply
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