Lead IFRS 17 Planning Actuary

Job Summary

Responsible for producing and communicating the business plan and forecasts to the broader organisation.

Key Responsibilities

Technical Responsibilities

• Lead and enhance areas of the IFRS 17 Business Planning and Forecasting process for annual budgets and quarterly forecasting exercises.
• Understand and effectively communicate profit and loss drivers, generating analytical outputs quarterly to explain results to senior stakeholders.
• Peer-review colleagues’ work to ensure quality and accuracy.
• Build and maintain collaborative relationships with stakeholders outside actuarial to ensure outputs meet broader business needs.
• Contribute to the overall team and business objectives by supporting colleagues and working collaboratively.
• Mentor and support assistant reporting actuaries.
• Serve as a technical expert and trusted advisor for IFRS 17-related matters.
• Stay informed about industry best practices, regulatory changes, and new initiatives.
• Pursue applicable professional, technical, and career development training.
• Collaborate with other reporting teams to ensure consistency in preparing various accounts.

Person Specification

Education and Qualifications

• University degree in Mathematics or a related field.
• Actuarial qualification (or near completion).

Skills and Abilities

• Strong analytical skills with attention to detail, accuracy, and numeracy.
• Competence in MS Excel; skills in VBA, Access, and SQL are advantageous.
• Experience with analytics/visualization tools is desirable.
• Effective verbal and written communication skills.
• Team-oriented, with the ability to work independently.
• Strong time management skills, with the ability to prioritize and meet deadlines while handling multiple tasks.
• General understanding of commercial and financial concepts.

Knowledge and Experience

• Solid understanding of IFRS 17 is essential.
• Proven experience in reserving; knowledge of the Lloyd’s market is a plus.
• Strong grasp of actuarial valuation techniques, including those used in pricing and capital modeling.
• Knowledge of reinsurance and its effects on reserving.

Aptitude and Disposition

• Outcome-focused, self-motivated, and enthusiastic.
• Flexible and professional approach to engaging with team members and stakeholders.

Competencies

• Achievement and solution-oriented mindset.
• Strong analytical and information-seeking skills.
• Stakeholder-focused with excellent relationship-building capabilities.
• Self-starter with integrity and accountability.
• Reliable and detail-oriented.