Actuarial Risk Manager
4 weeks ago
About Vitality Corporate Services
OverviewVitality Corporate Services is a leading company in the actuarial industry, offering dynamic and challenging roles to professionals looking to advance their careers. Our team is dedicated to providing exceptional service to our clients, and we are seeking an experienced Senior Actuarial Analyst to join our Life Actuarial department.
SalaryThe estimated salary for this role is £80,000 - £100,000 per annum, depending on experience. This competitive salary reflects the importance of the role and the skills required to succeed.
Job DescriptionThis is an exciting opportunity for an ambitious and skilled actuary to take on a key role within our Life Actuarial department. As a Senior Actuarial Analyst, you will be responsible for implementing the Actuarial Control Cycle, including data management, modelling, and reporting. You will work closely with our team to deliver high-quality results and contribute to the financial stability and strategic decision-making of the company.
Data Management- Identify and define data: Collect and process relevant data to inform our actuarial models and reports.
- Influence, adjust and analyse data: Analyse data trends and patterns to identify opportunities for improvement and make recommendations to senior stakeholders.
- Create or define processes: Develop and implement new processes to improve data collection and analysis efficiency.
- Build appropriate models or develop pre-existing ones: Create and refine actuarial models to accurately predict outcomes and inform business decisions.
- Identify, document and understand the implications of key assumptions used in models: Evaluate the impact of model assumptions on reported results and provide recommendations for improvement.
- Identify and quantify risks and opportunities: Identify potential risks and opportunities arising from our actuarial models and provide advice to senior stakeholders.
- Define solutions, recommending the most appropriate: Provide clear and concise recommendations to senior stakeholders based on your analysis and modelling.
To succeed in this role, you will need:
- Strong communication skills: Effective communication is critical in this role, as you will be working closely with our team and senior stakeholders.
- Previous Actuarial working experience: A strong understanding of actuarial principles and practices is essential for success in this role.
- Experience in using Prophet: Proficiency in using Prophet or similar predictive analytics tools is highly desirable.
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