Head of Actuarial Development - Reinsurance

£99397.10 - £140059.55 per annum + negotiable
13 Nov 2020
13 Dec 2020
Jack Lynch
Job Function
Actuary, Qualified
Contract Type

Oliver James Associates are representing a global provider of client-focused reinsurance solutions it offers to new and existing clients in many European markets.

Our client has undergone a period of significant growth in recent years. To support the expansion of their actuarial leadership team, they are now recruiting a Head of Actuarial Development.

Reporting to the Head of Actuarial, the Head of Actuarial Development will play a leading role in the continued development of the Actuarial function. The successful candidate will gain exposure to a wide range of bespoke, complex and innovative reinsurance solutions while working closely with a variety of senior stakeholders

In this role the successful candidate will:

  • Lead, develop and motivate a team of direct and indirect reports, ensuring that they achieve and contribute to their maximum potential and aspire to the highest professional standards in their work.
  • Manage the suite of actuarial assumptions (including mortality, mortality improvements, lapse, expense, interest and inflation) ensuring all items of judgement are understood and appropriately documented.
  • Provide advice and feedback (actuarial basis, modelling, liabilities and capital) to the business development teams on new business propositions and subsequently support the associated transaction implementation.
  • Support the new business approvals process
  • Provide general actuarial oversight and ensure compliance with Group internal policies, professional standards, and regulatory guidelines.
  • Play a key leadership role in actuarial projects collaborating with the Actuarial Reporting, Business Development, Finance, Operations and Risk functions as required.
  • Champion the use of new technologies and keep pace with changing demands and requirements.
  • Keep up to date with emerging experience and best practice through engagement with colleagues

The ideal candidate will have:

  • An actuarial qualification with significant post-qualification experience.
  • Proven leadership skills and experience in leading a high-performing team of professionals in a fast-paced complex environment.
  • An ability to build an inclusive and diverse work environment that promotes collaboration, recognition, mutual respect and employee satisfaction.
  • Significant experience in a senior actuarial role and a strong track record of successful execution at the senior management level.
  • A demonstrated capacity to build relationships, gain trust and command respect at all levels.
  • A credible voice speaking to senior decision-makers
  • Well-developed professional judgement and be at ease balancing urgency and importance.
  • Highly refined verbal and written communication skills and in particular, an ability to effectively communicate complex concepts to different audiences.
  • An understanding of the different regulatory landscapes.
  • A strong work ethic, a willingness to work to a flexible schedule and to travel occasionally.
  • An appetite to work effectively in partnership with senior management

Our client offers unrivalled above market salary and benefits package along with a clearly defined career path.

For more information please apply via the below link.

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