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    Longevity and Reinsurance Actuary - United Kingdom - Utmost International

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    Description

    Job Details: Longevity and Reinsurance Actuary

    • Leading projects related to longevity, assumption setting, longevity risk, and capital models.
    • Build and manage relationships with internal and external stakeholders.
    • Taking charge on various areas of thought leadership - longevity, annuities etc.
    • Longevity research.
    • Conduct reinsurance pricing activities, including discussions with reinsurers and negotiate reinsurance terms.
    • Working with the Origination team and pension schemes to design and administer capital efficient solutions that effectively manage risk for Utmost.
    • Oversee operation of reinsurance treaties, including collateral arrangements where appropriate.
    • Managing/mentoring junior members of the team.
    • Overseeing some of the technical aspects of models and experience analysis - development, implementation, calibration, testing.
    • Contribute to the risk management function of Utmost Life and Pensions from a BPA perspective.
    • Ad hoc tasks as required.
    • Comply with the FCA's conduct and Consumer Duty rules and the PRA's conduct standards.
    • Notify the regulator(s) of matters reasonably expected to be notified.
    • Leading projects related to longevity, assumption setting, longevity risk, and capital models.
    • Build and manage relationships with internal and external stakeholders.
    • Taking charge on various areas of thought leadership - longevity, annuities etc.
    • Longevity research.
    • Conduct reinsurance pricing activities, including discussions with reinsurers and negotiate reinsurance terms.
    • Working with the Origination team and pension schemes to design and administer capital efficient solutions that effectively manage risk for Utmost.
    • Oversee operation of reinsurance treaties, including collateral arrangements where appropriate.
    • Managing/mentoring junior members of the team.
    • Overseeing some of the technical aspects of models and experience analysis - development, implementation, calibration, testing.
    • Contribute to the risk management function of Utmost Life and Pensions from a BPA perspective.
    • Ad hoc tasks as required.
    • Comply with the FCA's conduct and Consumer Duty rules and the PRA's conduct standards.
    • Notify the regulator(s) of matters reasonably expected to be notified.
    Core Competencies:
    Mandatory
    • Understanding of capital modelling and profit testing.
    • Experience of mortality analysis and assumption setting.
    • Strong knowledge of UK Defined Benefit Pensions and reinsurance structures.
    • Strong communication skills (able to communicate technical issues to senior people including non-actuaries).
    Experience and Qualifications:
    Mandatory
    • Qualified Actuary.
    • Experience of working within the Actuarial Function of a UK Life assurer.
    • Experience of managing stakeholders at all levels.
    #J-18808-Ljbffr


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