Head of Technical Actuary

SUMMARY:
-

POSITION INFO:

• You will contribute proactively to the management and implementation of the company''s insurance strategy.
• Review and challenge of outputs produced by business units as well as a more detailed review of outputs produces by the actuarial reporting team (i.e company level outputs, risk margin, statutory reports)
• Carry out analysis, developing and presenting a view on a variety of commercial scenarios for consideration by the insurance and company, contributing to an overall improvement in profitability. 
• Working with the Director within the ream to ensure the outputs and requirements of multiple stakeholders are managed: providing guidance and direction as required. 
• Expected to suggest enhancements to current techniques and models, through the use of statistical modelling and machine learning techniques 
• Develop consistent standards, processes, and controls for Actuarial in the business. 
• Sharing knowledge and best practice with peers around the business
• Soliciting and responding to feedback from Business Units
• Take lead on projects relating to changes in statutory reporting and accounting regimes. This will include:
  • Investigating the impact on changes on the business in the short, medium and long term 
  • Developing project plan and project charter outlining the steps required to meet the requirements of the new regime.
  • Manage the project deliverables, providing regular updates to project sponsors via the agreed project governance tools
• Responsible to managing, coaching and developing direct reports, as well as ensuring other team members are receiving the support they require to achieve team and company goals and individual performance standards.
• Recommend and implement solutions that will aid in exceeding company targets and objectives
• Maintain knowledge and stay abreast of developments in the industry and regulatory environment
• This role requires one to think outside the box of the stereotypical short-term insurance market and understand the uniqueness of our clients and our business.

Skills:

• Relevant Degree (Actuarial Science, Mathematical Statistics or Quantitative Risk Management)
• Minimum of 7 years related experience (short term insurance)
• Industry knowledge – demonstrate understanding of the insurance industry
• Awareness of Actuarial projection software
• A strong background in mathematics and statistics

Competencies Required:

• Excellent written and verbal communication skills
• Proficient in Microsoft Office
• Ability to independently develop and implement new methodologies
• SQL and ResQ experience would be advantageous
• Ability to work under pressure
• Strong analytical and problem-solving skills
• Flexible, adaptable and excited about working in a dynamic non-conventional environment
• General knowledge of business and finance
• Work cross-functionally throughout the organization to drive analysis-driven change
• Experience in handling large data software
• Ability to think outside the box of the stereotypical short-term insurance market and understand the uniqueness of their clients and their business.

NB! This job is now closed. You can apply for other jobs by uploading your CV.