Our client has a permanent position available within the Actuarial department for a Senior Part-Qualified (or Nearly Qualified) Actuarial Trainee. This role is ideal for an individual with at least three years' experience working in a life insurance company as part of an actuarial training scheme, with demonstrated progress in the IFoA (or equivalent) examinations. The role offers the opportunity to work independently within a small team, while gaining exposure to various actuarial functions such as pricing, product development, and liability modelling.
Job Duties:
- Take an active role in external reporting, including the production of valuations to appropriate standards and within agreed timescales.
- Contribute to delivering internal financial reporting, including experience investigations in line with agreed methodologies.
- Assist with the development and maintenance of actuarial liability models, ensuring data extract routines are checked and documentation is up to date.
- Help maintain and develop illustration systems for bespoke quotations and ensure adherence to actuarial calculation specifications.
- Provide actuarial support to product development and pricing exercises, including updating illustration systems and Prophet models, performing profit-testing, and updating product documentation.
- Offer actuarial support to various project work as needed.
Job Requirements:
- At least three years’ experience working for a life insurance company, preferably based in the Isle of Man, though candidates from other jurisdictions will also be considered.
- Strong analytical skills and a proven track record of attention to technical detail.
- Knowledge of regulatory reporting, with experience in the Isle of Man Risk-Based Capital regime beneficial.
- Ability to work effectively within a team, with the capability to work independently when required.
- Proven experience of delivering both internal and external financial reporting across multiple jurisdictions, adhering to prescribed timelines.
- Student membership of the Institute and Faculty of Actuaries (or equivalent body), progressing well through the examination syllabus and having completed at least the Core Principles subjects.
- Excellent inter-personal skills and the ability to communicate effectively with individuals at all levels of the company.
- A proven self-starter with initiative, while knowing when to seek support.
What You’ll Love:
Our client is committed to fostering a diverse and inclusive workplace where all team members can thrive. You will have the opportunity to work on a variety of interesting actuarial projects, contributing to the company's growth and development. The role offers the chance to work closely with experienced professionals, gaining exposure to different aspects of actuarial work, and allowing for continued personal and professional growth within a supportive environment.
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