Actuarial Finance Team Manager recruitment
Actuary to lead the embedded value team within the Actuarial Finance team which is responsible for producing key financial results, including the MCEV and business plan reports.
The role requires liaison with senior management and other areas of the business to ensure that the actuarial assumptions are consistent with marketing plans, investment strategy and the company's pricing philosophy.
Key responsibilities are:
*To maintain and develop corporate modelling systems and related processes
*To perform the necessary calculations to support the MCEV, including an explanation of movements. Reporting to be in accordance with the MCEV Principles. To produce the annual embedded value report. To provide other Group companies with appropriate information to support their MCEV analysis.
*To maintain an understanding of changes in current legislation, industry practice, inputs from the Board for Actuarial Standards.
*To produce detailed financial projections to assist in the business planning process.
*To examine variability of the financial projections under various business scenarios as requested.
*To provide supporting figures derived from the financial business projections. This includes the provision of information at treaty level of plan and forecast figures.
*To produce actual and forecast 'value creation' figures in line with reporting requirements and assist in the understanding of the forecast, including production of 'what if' sensitivities.
*To maintain a good general knowledge of the financial reporting requirements and practices regarding reinsurance reporting requirements.
Our client offers a significant total package inclusive of a market aligned salary as well as excellent benefits.
To apply for this position, candidates must be eligible to live and work in the UK.
Barclay Meade is acting as an Employment Business in relation to this vacancy.