Duties and responsibilities
Reserving
Calculate reserves in a timely and accurate mannerParticipate in the development and testing of new methodologies for calculating the technical reservesProduce control cards in line with risk management requirements of internal controlConduct experience surveys on mortality, morbidity etc.Participate in the updating of reserving policies and measure the impact of the updated reserving policiesProduction and review of the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure they are in line with the current Reserving PolicyProduce and check the Profit Shares calculated for our partners in line with our agreementsParticipate in the implementation of the reserves calculation in the Data Centralizer (Project Titan)Participate in the implementation of a Control Framework for the Data Centralizer Technical AccountsAnnalise the gaps between Local GAAP and IFRS17Assist the S2 Modelling Team in meeting the input requirements of the Actuarial Function regarding Technical Provisions expertise and Data QualityProjects
Work as part of a team and independently to complete projects in a timely mannerLiaise with teams outside of the actuarial department and other Group departmentsProcesses
Develop, update, implement and improve processes related to the activity of the actuarial departmentParticipate in the writing of proceduresLiability Adequacy Reporting
Produce quarterly controls in line with Risk Management requirements.Analyse the variation in the claims experienceDatabase Management & Reporting
Work on testing single integrated database management with data quality team expertsMaintain, update and upgrade on a daily basis the actuarial SAS databaseAssist in defining reporting requirements while setting up new partners / productsBudget
Provide necessary actuarial assumptions for preparation of budgetResponsible for checking the budget completed by the underwriting teamExternal relations
With IT, Project, Administration & Operations, Finance and Business Development DepartmentsWith corporate clients and Third Party Administrators (TPA)
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