REF: RISK02
General Insurance, Risk Actuary, DublinFor further information on this specific role, please Email Ger ger@about-recruitment.ie or call me on my mobile at: +353(86)6019377
The Risk Function through the Chief Risk Officer (“CRO”) has independent oversight of the enterprise risk management activities in the Client including identifying, assessing, measuring and reporting existing and emerging risks. Reporting to the Chief Risk Officer, The Risk Actuary is responsible for the quantitative elements within the risk department of the Client. In addition, the Risk Actuary plays a leading role in the embedding of the risk management framework throughout the organisation. This role will involve a focus on the technical and actuarial aspects of risk management including capital management, risk appetite, ALM, underwriting (including pricing), claims management (including reserving).Key Responsibilities:
The candidate should:
- Perform the quarterly Solvency Capital calculations using the Standard Formula, with peer review available from the actuarial function
- Co-ordinate elements of the ORSA including
- Develop calculation of stress and scenario stress tests
- Assess the appropriateness of the Standard Formula
- Contribute to the development of the Risk Appetite Statements and the Risk Management Framework
- Support and developing qualitative and quantitative aspects of risk review and risk reporting
- Monitor the business implementation of, and compliance with the Board approved Risk Policies
- Support the embedding of a strong risk culture
- Produce high quality reports for the CRO and relevant committees
- Provide day to day advice and direction to all business and support units on risk management matters;
- Evaluate and interpret key risk information
- Support external reviews as required
- Other duties as required by the CRO
The Person:
The candidate should ideally
- Be a Qualified Actuary;
- Have a minimum 5 years’ experience in the Financial Services Industry (preferably General Insurance).
- Have experience working in a Risk is an advantage.
- Have knowledge of Solvency II requirements is an advantage;
- Posess a working knowledge of Pricing and/or Reserving in General Insurance is an advantage
- Posess a high level of proficiency in Microsoft Office suite
- Understand the business and strategic implications of technical analysis
- Have excellent time management and organisational skills;
- Have excellent communication skills (verbal and written);
- Posess strong attention to detail;
- Have ability to interpret and evaluate information and make authoritative recommendations;
- Have ability to develop, build and maintain strong effective relationships with Executives and Senior Management;
- Have ability to work independently and take ownership of topics
- Posess strong influencing skills;
- Posess strong analytical and numerical skills.
For further information
Please Email Ger ger@about-recruitment.ie or call me on my mobile at: +353(86)6019377
