We are excited to share a new role within the Reinsurance Industry where our Client is seeking an Executive Manager/Longevity Business Developer. This role involves the responsibility for supporting the origination, pricing and execution of transactions with longevity risk in Europe and Asia. The role also involves managing a small team of actuarial professionals as well as Client relationship management and may also require occasional travel to Europe. The role would suit a technically strong individual and the ideal candidate will have experience in both people and project management. The company offer an excellent remuneration package as well as providing a Hybrid working model for the successful candidate
About the role
This is an exciting opportunity for you to apply your traditional actuarial skills in a highly commercial role, supporting a wide variety of clients in a dynamic environment. You will play a key part in supporting the origination, product development, basis derivation, pricing, execution and implementation of longevity reinsurance transactions.
Duties for this role include (but are not limited to):
- Responsibility for supporting the origination, pricing and execution of transactions with longevity risk in Europe and Asia.
- Strong technical skills and business focus are required along with significant people and project management experience
- The opportunity to work on the pricing and treaty negotiation for asset intensive transactions.
- Overseeing the pricing of new transactions, including the data analysis, experience analysis/basis setting, cash flow modelling and risk assessment.
- Reviewing reserves, capital and risk metrics produced from actuarial models to monitor the impact of new transactions on the wider business
- Client relationship management and presenting new business opportunities to executive team.
- Liaising with various internal teams including Financial and Legal as well as Research and Development.
Actuarial skills required
The position role would suit a Qualified actuary with ideally 10 years plus experience. Candidates must have highly numerate with technical expertise in and ideally have experience in some of the following:
- Experience analysis/basis setting, pricing, IFRS17 reserving, capital modelling, reinsurance treaties
- Be a well organised individual and experienced in balancing multiple deadlines.
- Be a team player with the ability to work on own initiative and prioritise effectively
- Possess excellent written and verbal communication skills
Candidates interested in finding out more about this position should contact Carina Devlin on 0871082691 or at carina.devlin@raretec.ie or by filling in the application form. We are happy to help you, and can facilitate you outside of normal office hours. Alternatively, you can call us on 015311400.
If you are interested in exploring roles in the non-life/life insurance sector then get in touch today. We don’t advertise all of our positions. If you register with us we will contact you about suitable roles as they come through. Contact us today at recruitment@raretec.ie