Reinsurance Actuarial Role

4 days ago


Dublin, Dublin City, Ireland Irish Life Group Services Limited Full time
Job DescriptionNearly/Newly Qualified Actuary (Operations), Permanent, CL Reinsurance

Location: Ireland

This is a Fully Time Permanent position with a Hybrid role based in our City Centre offices.

We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension, and comprehensive Wellbeing initiatives.

Role Overview

The Actuarial Operations function is responsible for the ongoing administration of a growing portfolio of traditional and bespoke reinsurance solutions transactions – predominantly structured reinsurance as well as traditional life and payout reinsurance.

Responsibilities
  1. Support the design, development, planning, and implementation of relevant actuarial projects at CL Re.
  2. Be part of an office transformation project that enhances process automation and control environments.
  3. Design, develop, and implement model and process improvements, including model governance and controls, to further automate existing processes and enhance the control environment.
  4. Monitor transaction performance and communicate insights to key stakeholders, including senior management.
  5. Develop an in-depth understanding of CL Re's portfolio of longevity swaps, bespoke structured, and other reinsurance solutions.
  6. Review treaty requirements prior to treaty execution and provide feedback to support the Business Development function.
  7. Monitor adherence to treaty obligations and stipulations.
  8. Input into client discussions on amendments to existing treaties.
  9. Review, analyze, and conclude on client reporting.
  10. Review and ensure approval for transaction settlements and collateral movements.


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