Manager – Actuarial ERM

We have a mandate to hire a Manager in Enterprise Risk Management (ERM) for a leading life Insurance client.

Key Responsibilities:

• Experience Analysis: Perform detailed analysis by calculating the Actual vs Expected (A/E) ratio for key factors like Mortality and Persistency, identifying trends and providing actionable insights for business decisions.
• Collaboration: Assist the valuation team in setting appropriate assumptions for Mortality and Persistency, ensuring accurate valuation bases are established and maintained.
• Business Planning: Lead the development of business plan projections, including Prophet model runs, P&L preparation, and the generation of critical profitability and solvency metrics. Assess the impact of sensitivity analysis on business projections to support strategic decision-making.
• Economic Capital/Risk Based Capital: Calculate and analyse solvency metrics under a risk-based capital framework, ensuring compliance with regulatory requirements and internal risk tolerance.
• Communication: Provide clear, concise, and impactful communication to various stakeholders, ensuring the accurate interpretation and understanding of risk management insights and strategies across the organisation.

Skills and Qualifications:

• Experience: 3-7 Actuarial Exams with a thorough understanding of CM1 (CT1 + CT5).
• Technical Expertise: Advanced proficiency in Microsoft Excel and Microsoft Access, with additional knowledge of VBA and SQL being a strong advantage.
• Analytical Skills: Ability to analyse complex data and provide risk management insights that align with business objectives.
• Communication Skills: Strong verbal and written communication skills, capable of conveying complex risk metrics and analyses to diverse audiences, from technical teams to senior stakeholders.
• Teamwork: Demonstrated ability to collaborate with cross-functional teams (e.g., Valuation, Finance, and Actuarial teams) and manage multiple projects while prioritising critical tasks.