Group Manager - Actuarials (US Life Insurance), GGN
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Job Description
Purpose
• To manage and ensure team delivery, within defined timelines
• To act as a key support member to the UK Life Transformation
Work Experience
• Min 8 years experience in the actuarial domain with 2+ years at Deputy Manager
People Responsibilities
• Lead a mid-size team to ensure team SLA’s are met
• Carry out training for new hires on the systems and processes
• Work with manager to estimate work volume and supports on resource planning
• Guide and support team members for development of domain expertise
• Carry our periodic performance review and development discussion, provide and record feedbacks on continuous basis
Process Responsibilities -
• Working in direct client roles for 5+ years4+ years of extensive experience in actuarial reporting, BAN (Balance Sheet & New Business) Teams
• Unify build & implentation and business readiness is key
• Strong experience in Actuarial Development across SII & IFRS17 implementation
Strong experience in Power BI, Excel VBA, SQL & R Programming
Lead transformations and developments data, basis, results and balance sheet & New Business production for Solvency II and IFRS Reporting
• Strong experience in Actuarial SII & IFRS Integrated toolkits using R/ Python platform.
• Actuarial model result analysis including validation, analysis of change, economic and non- economic Stresses, Sensitivities, Critical Scenario, Back-testing etc.
• Base and stressed balance sheet and P&L; account production on solvency II requirement (both IM & SF)
• SCR calculation and validation using solvency model
• NB reporting and analysis such as VNB, APE, NBS, profit driver analysis etc.
• Asset model results production, Stress analysis, ALM, Equity Release valuation
• Lead complex projects and developments, do project planning, dashboard, communication etc.
• Ability to think creatively to generate solutions to tough problems
Required skills:
• Strong communication skills – Verbal & Written Ability to work through stringent timelines
• Proficient in MS Office Suite and VBA and SQL coding
• Should possess the ability to think out of the box – contingency management
• Good decision-making skills
• Good Project management skills
Behavioral Competencies:
• Decision making ability & Attention to detail
• Team players with a ready disposition to learn
• Customer Centricity
• Commitment and reliability
• Versatile and adaptable
Communication Skills:
• Ability to have conversations with the client teams, related to the process is essential
• Ability to have robust conversations while maintaining a high level of customer service and maintaining composure
• Ability to utilize effective listening skills
• Pick up on direct and indirect queries from customers and understand and comprehend the customer’s needs
• Ability to distinguish between enquiries and complaints (including level of complaint)
Requirements
Function: Finance
Experience Level: Mid-Senior Level