Actuarial Analyst recruitment

Job Title: Actuarial Analyst
Location: Bournemouth

Overview:
The position arises following internal promotion within the existing team and as a result of a need to expand the team to support strategic developments.

The existing team comprises of trainee actuaries, actuarial technicians and a number of qualified actuaries. It is a well established team and the successful candidate will enhance the capacity and capabilities of the existing team. The role reports directly to an Actuarial Manager.

Key Responsibilities:
*You will contribute to the provision of a comprehensive actuarial service, with key emphasis on implementing the Solvency II project and operating under the new regulatory reporting regime.
*You will implement developments resulting from legislative and regulatory changes and provide technical information and advice in accordance with actuarial principals and practices.
*Recommend and implement agreed changes to support processes to reflect business needs and operational requirements.
*You will apply specialist actuarial skills to answer non-standard queries directed from all areas of the Company, ensuring that the information provided is clearly understood, escalating issues as appropriate.
*Carry out a range of actuarial duties, ensuring prompt and accurate completion of all requirements within agreed standards.
*Develop and maintain relevant actuarial systems to enable delivery of projects and continued provision of technical actuarial services (including the provision of ad-hoc requests for information).
*Implement the actuarial strategies in corporate projects to enable legislative, profitability, systems and solvency requirements to be met and provide recommendations to relevant governance and operating committees.
*Execute reviews, investigations and other technical analyses using corporate and industry data to provide results on which informed recommendations over a wide range of subjects can be based.

You will have:
*Practical experience of working with a UK regulated life assurance company and experience and understanding of life assurance taxation (ideal)
*Specialist actuarial skills and experience of financial reporting.
*A good understanding of the environment in which the business operates, together with a good awareness of the likely impact of economic and regulatory change on the products / services provided
*A good understanding of the commercial nature and risks associated with the business.
*A good understanding of the impact of forthcoming changes in the financial reporting environment (Solvency II, IFRS).
*Degree level qualifications (or relevant international equivalent) having achieved a first class or upper class 2 degree in mathematics or other numerate discipline

You will be:
*A senior actuarial student, actively pursuing professional qualifications, or an experienced practitioner with key actuarial and business skills.
*Able to explain or present factual information to individuals or groups in a structured, clear, confident and concise way avoiding the use of jargon.
*Able to produce clear concise reports and other written material which is understandable to those with or without knowledge of the subject matter.
*Able to use effective questioning to extract all pertinent information.
*Able to use numeracy / analytical skills to undertake a range of calculations, preparations of data and more demanding management information.
*Able to effectively analyse and use information to formulate recommendations.
*An experienced Prophet user, able to run, maintain and develop the actuarial model.