The role involves developing the valuation basis for new product launches, reviewing the previously set valuation basis, setting new basis assumptions, and implementing reserve monitoring. The individual is responsible for capital requirements quarterly and annually, as required by the Prudential Authority and submitted for regulatory purposes. They undertake capital requirement projections, project actuarial sections of financial budgets, and provide support to stakeholder engagement across product, pricing, and actuarial teams. They also perform statistical capital calculations, reserving, and producing reports to senior management. The ideal candidate should have experience in technical modelling and coding, reserving, IFRS17 operational requirements, and a degree in Actuarial Science. The ideal candidate should have 6+ years of experience and have experience in actuarial reserving software, reserving, IFRS17, and a degree in Actuarial Science.
