Reserving Actuary
EY
- Msida, Malta Island
- Permanent
- Full-time
- Advising clients on their reserving processes and how they can be improved;
- Producing reporting that will be included in management reports in respect of product profitability and performance of client's lines of business;
- Assisting clients to assess the quality of the organization's data and management information that is used as inputs in the reserving models;
- Advising clients involved in mergers and acquisitions including purchase of portfolios or insurance business in run-offs;
- Assisting clients in the quarterly and annual Solvency II reporting, including the derivation of the BEL;
- Independent calculation of technical provisions in line with the local GAAP for clients subcontracting their reserving process;
- Measuring the insurance contract liabilities in line with the requirements of IFRS 17.
- Strong analytical and mathematical/statistical skills;
- Good communication (verbal and written) skills;
- Proven interpersonal skills and ability to share knowledge;
- Ability to work independently and to demonstrate initiatives and commitment to assigned projects;
- Appetite for hands-on technical actuarial work;
- Build client relationships, be able to understand their motivations, business needs and requirements.
- A degree and Fellowship from the Institute and Faculty of Actuaries or other internationally recognized professional actuarial association. Candidates with a degree and partial qualification (IFOA Associate) from the Institute and Faculty of Actuaries may be considered;
- Successful track record in general/non-life insurance;
- Experience in non-life pricing;
- Experience in SQL, excel and ideally possessing programming experience.