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Reinsurance Actuary

Job LocationLondon
EducationNot Mentioned
SalaryCompetitive salary
IndustryNot Mentioned
Functional AreaNot Mentioned
Job TypePermanent , full-time

Job Description

Reinsurance ActuaryA rapidly expanding Insurer is looking for reinsurance actuary to join their team.We are looking for a qualified or nearly qualified Actuary with solid experience in annuities. You will be responsible for support the Head of Client Services in various aspects of reinsurance operations.Responsibilities:

  • Review and ensure accuracy of Reinsurance Accounts reports and Collateral Valuations.
  • Evaluate annual cleanse materials for accuracy, including data changes, premium calculations, and surrender amounts.
  • Develop Excel modeling tools to validate onboarding and ongoing material accuracy.
  • Establish efficient processes for the team, continuously improving them.
  • Collaborate with New Business Reinsurance team for operational viability of new contracts.
  • Provide training on operational developments to team members.
  • Document processes and templates with appropriate audit trail and version control.
  • Follow best practices in managing reinsurance contracts.
Qualification:
  • Nearly qualified or Qualified Actuary with technical expertise in reinsurance platforms.
  • Experience in pensions, life, and/or longevity reinsurance.
  • Knowledge of pension de-risking products (bulk annuities, longevity swaps) is desirable.
  • Familiarity with reinsurance arrangements.
  • Self-awareness, resilience, and a drive to exceed expectations.
  • Willingness to learn and engage in training.
  • Ability to work within defined timelines and maintain professional standards.
Please contact Cynthia for more info.

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