Our esteemed client, a leading insurance company based in Malta, is seeking a dedicated Actuarial Expert to join their dynamic team. This role offers an excellent opportunity for an experienced actuary to contribute to a progressive organisation within the insurance and pensions sector. The company prides itself on providing innovative insurance solutions and fostering a collaborative, positive working environment where professional growth is encouraged.
DUTIES AND RESPONSIBILITIES
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Pricing of new products (unit-linked, Non-profit and With-profits)
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Profitability assessment of existing product range
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Reinsurance Optimisation
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Attendance at Product Oversight and Governance Meetings
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Point of sale quotations and other projections
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PRIIPs updates and cost and performance surveys
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Demographic and Expense experience assumption investigations and recommendations to Risk and Compliance Committee
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Oversight of actuarial data collection and validation including reconciliation of in force and movements analyses
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Creation of a monthly actuarial MI pack
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Oversight of valuation data extracts for use in IFRS and Solvency II projections.
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Oversight of provision of data to other business units using automation where possible
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Completion of relevant regulatory returns such as MIA statistics, NST and QRT templates.
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Support to Business Development and Operations Units as required
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Ad hoc projects as required.
CANDIDATE PROFILE
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Minimum 10 Years Experience in Life Insurance subject to at least 5 years postqualification
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Experienced Actuary with the Institute and Faculty of Actuaries FIA C. Act qualification
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Knowledge of IFRS and Solvency II regulations
COMPANY BENEFITS
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Competitive salary package commensurate with experience.
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Opportunities for career progression within a reputable organisation.
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Supportive and inclusive working environment.
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Flexible working arrangements and work-life balance initiatives.
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Comprehensive benefits package including pension schemes and health cover.
Due to the high volume of applications received at GRS Recruitment, only shortlisted candidates will be responded to.
To apply for this position, please email your CV to
Michelle Cooper, michellec@grsrecruitment.com quoting the above job reference or call +356 27780664 for further information.