Our client is seeking a Senior Part-Qualified or Nearly Qualified Actuarial Trainee to join their Actuarial Department on a permanent basis. This role is ideal for an individual with at least three years' experience in a life insurance company as part of an actuarial training scheme and who has made good progress with IFoA (or equivalent) examinations. The successful candidate will be part of a small team, working independently when required, with a proven track record in reporting. The role also offers exposure to pricing, product development, actuarial liability modelling, and project work.
Job Duties:
- Assist in external reporting, including the production of valuations to appropriate standards and within agreed timescales.
- Contribute to internal financial reporting, including experience investigations in line with agreed methodologies.
- Support the development and maintenance of actuarial liability models, data extraction routines, and documentation.
- Assist in maintaining and developing illustration systems for bespoke quotations and adherence to actuarial calculation specifications.
- Provide actuarial support for product development and pricing, including updating illustration systems, Prophet models, profit-testing, and product documentation.
- Contribute to project work as required.
Job Requirements:
- At least three years' experience in a life insurance company, ideally on the Isle of Man, though applicants from other jurisdictions will be considered.
- Strong analytical skills and attention to technical detail.
- Knowledge of regulatory reporting, with experience in the Isle of Man Risk-Based Capital regime being beneficial.
- Ability to work effectively both within a team and independently when required.
- Proven track record of delivering internal and external financial reporting across multiple jurisdictions within prescribed timelines.
- Student member of the Institute and Faculty of Actuaries (or equivalent body), with significant progress in completing the Core Principles subjects.
- Excellent interpersonal skills with the ability to communicate effectively at all levels.
- Self-motivated, with the ability to show initiative while seeking support where necessary.
What You’ll Love:
Our client offers a challenging and rewarding environment where you will gain exposure to various actuarial functions, from reporting to product development and liability modelling. This is an excellent opportunity to progress in your actuarial career within a supportive and professional team.
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