Cancel
Return to Job Search
AIR - Actuarial Insurance Reinsurance Recruitment

Actuary, Italian - Risk Management & Solvency

AIR - Actuarial Insurance Reinsurance Recruitment

  • Dublin City Centre / Dublin South
  • Negotiable
  • Permanent full-time
  • Updated 06/06/2017
  • Honor Moloney
this job is expired
Apply Now

Description

Actuary, Italian - Risk Management & Solvency

 

Actuary, Italian - Risk Management & Solvency

Job Description: 

  • Responsible to ensure that all Best Estimate assumptions are duly updated and that consistency is maintained with the Solvency II regulations.
  • Responsible for Solvency II QRT reporting, including calculation of Technical Provisions and Italian tax cost of future liability, and preparing assigned QRTs.
  • Responsible to design and constantly upgrade underlying Liabilities models in order to keep the reporting process as smooth as possible.
  • Provides support to ORSA /Stress tests through projection of TPs and balance sheet items as required.
  • Provides inputs (projection of cash flows) in the budgetary process.

Responsibilities include:

Solvency II reporting

  • Setting Best Estimate assumptions for each valuation and documenting the process;
  • With reference to assumptions, development and maintenance of tools used to get information on experience and perform experience analysis;
  • Calculation of Technical Provisions (Best Estimate and Risk Margin);
  • Calculation of some balance sheet items (Italian tax asset write-down and Cost of future liability in relation to Italian tax)
  • Preparing and checking information as input in the company’s system used for QRT creation;
  • Contributing to the RSR (regular supervisory report) and SFCR (Solvency Financial Condition Report);
  • Maintaining up-to-date methodological documents, processes and procedures pertaining to the area;
  • ORSA/ Stress tests through projection of TPs and cash flows needed to project balance sheets;
  • Contribute by liaising with Actuarial Function, Parent Company and CBI.
  • Actuarial software: maintain and document the model developed on the system (RAFM)

Essential/Required qualifications, skills and knowledge

  • At least 6 years working experience in life insurance companies, preferably in a senior position or performing similar tasks.
  • Bachelor in actuarial sciences or in a 3rd level quantitative field
  • Programming skills and experience (in particular SQL and/or C)
  • Proficient in using excel
  • Italian and English required
  • Knowledge of RAFM software
  • Knowledge of Solvency II framework
  • Highly motivated individual, with focus on accuracy and attention to details
  • Ability to work on multiple and complex tasks simultaneously and to tight deadlines
  • Capacity to tackle challenges in multicultural environments

For more information on the role and company please contact Honor on 01 664 1214

Salary:  Salary is negotiable depending on the experience of the successful candidate, along with a generous benefit package

Please note: Not all opportunities are advertised in order to satisfy the discretion of our clients, please contact an AIR Consultant for a consultation.

AIR Recruitment specialises in the recruitment of the following professionals: Chief Actuary | Product Development | Pricing & Reserving |Newly & Nearly Qualified | Part Qualified | Solvency II | Trainee Actuary| Actuary – Life and Non-Life| Claims | Reinsurance |Underwriting | Captive | Treaty Specialists | Risk Analysts |Operations| Compliance |Project Managers |Business Analysts |Wealth Management| Pensions |Risk Manager | SII | Non-Exec |Executive Directors |Actuary|

Apply Here

Ref: 304
Apply Now
Report This Job

AIR - Actuarial Insurance Reinsurance Recruitment

AIR - Actuarial Insurance Reinsurance Recruitment

 

View Agency Profile

Show More

Email me jobs similar to: Actuary, Italian - Risk Management & Solvency

Please enter your email address

Please enter a valid email address

We use cookies to customise our website for you, giving you the best possible user experience. If you continue without changing your settings, we’ll assume that you are happy to receive this personalisation. Find out more about our cookie policy

Accept & Close