Senior Actuarial Analyst (Non-Life)

About the job Senior Actuarial Analyst (Non-Life)

• Proficiency in MS Office and strong command of MS SQL.
• Hands-on experience with intermediate to advanced programming.
• In-depth knowledge of Solvency Capital Requirement (SCR) components as outlined in the Prudential Standards (experience with cell captives is a plus).
• Familiarity with non-life insurance processes (advantageous).
• Understanding of key legislation, including the Insurance Act, Prudential Standards, IFRS 4, and IFRS 17.
• Advanced skills in applying triangulation methods and large-loss reserving techniques for IBNR (Incurred But Not Reported) valuations.

Qualifications and Experience:

• Bachelor's degree in Actuarial Science or a related field.
• Completion of at least six CT actuarial exams (or equivalent certifications).
• Minimum of three years of professional experience in an actuarial role.

Key Responsibilities:

• Conduct monthly capital adequacy calculations for the organization and its clients.
• Contribute to IFRS 17 modeling, focusing on the LRC (Liability for Remaining Coverage) and LIC (Liability for Incurred Claims).
• Lead and support capital projection activities as part of the ORSA (Own Risk and Solvency Assessment) process.
• Drive initiatives aimed at optimizing capital strategies for the company and its clients.
• Oversee the preparation and submission of quarterly and annual regulatory reports.