Description
Capital Actuary
We are looking for a General Insurance Actuary to monitor the Group's Solvency II progress, capital positions and develop, lead and execute projects to optimise the capital position. looking for an actuary to help assist the Senior Executive team with embedding the Internal Model methodology into the business.
Capital Actuary Responsibilities:
- Assist in the production and review of the Group's regulatory and Solvency II capital forecasts.
- Develop, lead and execute capital projects, which will enhance the economic capital efficiency of the Group. A strong working knowledge of the PRU rules will be essential for the development of appropriate action plans.
- Complete one-off assessments of the impact strategic actions will have on the Group's economic capital positions and provide recommendations to Senior Management.
- To provide capital input into the monthly board pack, quarterly press release, annual report and accounts, and regulatory returns
- Support the Senior Executive team with embedding the Internal Model methodology into the business. Work will initially focus on supporting the following workstreams - Planning Strategy and Performance, Capital Allocations, Investment Management and Risk and Capital Integration.
Capital Actuary Skill set/experience:
- Qualified actuary with a strong working knowledge of the PRU rules. Preferably having worked in a capital management/controllership function in the insurance or banking industry.
- Proven track record in the analysis and presentation of complex financial information
- Good knowledge of FSA's approach to risk based capital management
- Solvency II
- Qual & Quant data analysis methods