Deputy Manager – Actuarial, Data Scientist

This is a fully remote position, open to applicants in United Kingdom, +1 more country.

📋 Description

• Oversee a small team to ensure adherence to team SLAs.

• Onboard and train new employees on systems and procedures.

• Collaborate with management to forecast work volume and assist in resource allocation.

• Mentor team members in cultivating domain knowledge.

• Conduct regular performance evaluations and developmental discussions.

• Offer and document ongoing feedback.

• Monitor the team’s SLA performance.

• Assist with audits.

• Lead and manage the production of data, basis, results, and balance sheets for IFRS, Economic Capital, Asset Share, and New Business Reporting.

• Analyze actuarial model outcomes, including validation, change assessments, economic and non-economic stresses, sensitivities, critical scenarios, and back-testing.

• Generate base and stressed balance sheets and P&L accounts in compliance with Solvency II standards.

• Calculate and verify SCR utilizing solvency models.

• Produce and evaluate new business reports, including VNB, APE, NBS, and profit driver assessments.

• Generate asset model results and conduct stress analysis, ALM, and equity release valuations.

• Oversee regression testing for change requests, encompassing testing and impact assessments.

• Direct complex projects and developments, including project planning, dashboard creation, and communication strategies.

• Devise innovative solutions to intricate challenges.

⛳️ Requirements

• ALS modeling expertise or Actuarial SME with a background in Data Science (VBA/R/Python).

• Graduation with completed Actuarial examinations.

• Minimum of 4 years of experience in the Actuarial field.

• Strong proficiency in Prophet, DCS, etc.

• Experience in analyzing actuarial model results, including validation, change analysis, stresses, sensitivities, critical scenarios, and back-testing.

• Familiarity with Solvency II regulations, including internal model and standard formula balance sheet and P&L production.

• Knowledge of SCR calculation and validation through solvency models.

• Experience in new business reporting and analysis, including VNB, APE, NBS, and profit driver assessments.

• Proficiency in producing asset model results, stress analysis, ALM, and equity release valuations.

• Experience in regression testing, managing change requests, testing, and impact analysis.

• Capability to lead complex projects and plan effectively.

• Actuarial experience within the UK life insurance sector.

🏝️ Benefits

• Employees have the option to work remotely.