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    Trainee Actuary - United Kingdom - Utmost International

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    Description

    The purpose of this role is to work as a member of the Actuarial team undertaking a variety of different tasks to enable the department to meet its objectives.

    The role requires the ability to work independently to support the department objectives as agreed by the Actuarial Manager including:

    Experience analyses and recommending valuation assumptions
    Solvency II valuation, including Pillar I, II and III
    Statutory valuation, including UKGAAP and IFRS 9 & 17
    Management of with-profits business, including recommendations on investment strategy and bonus rates
    Pricing of annuity business and policy alteration terms
    Production of Management Information
    Support financial projection and planning work
    Development and maintenance of actuarial models
    Asset Liability Management
    Ad hoc tasks as required
    Comply with the FCA's conduct and Consumer Duty rules and the PRA's conduct standards as set out
    Notify the regulator(s) of matters reasonably expected to be notified.


    Core Competencies:
    Mandatory
    Highly numerate
    Experience in data analyses and ability to investigate data problems independently
    Excellent knowledge of MS Excel and Word
    Good communication skills, with the ability to propose solutions and be able to work independently requesting support where needed
    Ability to manage own time and deliver to deadlines
    Able to handle multiple tasks simultaneously seeking support where appropriate for prioritisation
    Desirable
    Positive approach and outlook
    Knowledge of experience analyses within a UK Life assurer
    Knowledge of life insurance products
    Knowledge of Solvency II, Pillars I, II and III
    Knowledge of Statutory reporting, UK GAAP and IFRS 9 & 17


    Experience and Qualifications:
    Mandatory
    ~ Degree in Mathematics or other maths based subject.

    Desirable
    Studying towards the FIA qualification or given up exams
    Experience of working in a team in an office environment
    Experience of working within the Actuarial Function of a UK Life assurer
    #J-18808-Ljbffr

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