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IFRS 17 Project Actuary – (P/T, job-share or F/T)

Job Posting: 05/27/2019
Schedule:
Travel: Yes, 5 % of the Time
Requistion ID 190002ZU

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Job Description

IFRS 17 Project Actuary – (P/T, job-share or F/T)

 
Location: Swindon
 

       

The opportunity:  
 

A fantastic opportunity has arisen for a senior student or newly qualified actuary (or candidate with equivalent expertise) to join our actuarial consulting team, initially supporting the IFRS 17 project.  

 

The team influences and delivers change across both local and global teams. The team works in collaboration with the Chief Life Actuary, Executives and Head Office. They provide effective solutions to regulatory and business changes, working in an agile, flexible, collaborative manner across a number of business areas. 

 

They are looking for a self-driven senior student or newly qualified actuary, with life assurance reporting experience, to enhance the team’s capabilities to implement IFRS 17 and other significant business projects. This role would suit a candidate with good technical, analytical and communication skills, capable of working with a variety of people.  

 

This role is available part-time, job-share or full time. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time.

 
 
Main Accountabilities: 
  • Under minimal supervision, assist in the implementation of the new IFRS 17 process:

    • Validate the financial outcomes from dry runs

    • Refine working assumptions in parameters and models

    • Assist with the resolution of identified defects

  • Validate and forecast new IFRS 17 financial metrics

  • Provide thought leadership on activities with a low to moderate level of complexity and contribute to problem solving on activities with a higher level of complexity

  • Engage in peer reviews of methodology, models and documentation, providing appropriate challenge and suggestion for improvements

  • Work collaboratively in a technical change team to deliver effective solutions, within project timelines and to required quality, overcoming challenges as they arise

  • Make informed actuarial and business recommendations based on professional judgment and experience.

  • Develop a culture of continuous improvement that focuses on enhancing the service provided to the stakeholders

  • Create and maintain strong working relationships

 
Your skills and experience: 
  • Senior student or newly qualified fellow of IFoA, with two or more years’ experience of working in an life actuarial team, and some experience of working in an actuarial life assurance reporting team

  • Experience of reporting procedures, processes and operating controls for a robust delivery of reliable and accurate financial reporting to auditable standards

  • Ability to interpret technical guidance and produce technical documentation

  • Ability to plan work activity to realistic deadlines and deliver to schedule

  • Confident communicator that is able to document and explain technical material to a range of stakeholders

  • Excellent IT skills, specifically Word and Excel

  • SQL skills or similar coding language experience

 
Behavioural Skills: 
  • Comfortable in working in a change environment

  • Ability to deal with ambiguity, adapt quickly and provide rapid solutions to issues

  • Strong proactive team player who works collaboratively

  • Enthusiastic and positive attitude with a desire to drive the business forward

  • Strong communication and influencing skills, both written and oral

  • A self-starter committed to deliver quality work to set deadlines

  • Ability to prioritise and focus to deliver the end results

  • Able to build and maintain relationships at all levels of staff

 
The Reward: 
 
We offer an excellent lifestyle benefits package which includes:

  • Financial package including basic salary and car allowance, up to £66,000 per annum
  • Industry leading Defined Contribution Pension scheme where employer contributions are 12 % of base salary
  • 25 days holiday per year, plus an additional 3 volunteering days
  • Private Medical Insurance
  • Annual company bonus
  • Discounted gym membership
  • Discounted technology offers
  • Virtual GP appointments
  • Plus many more!

At Zurich we will consider requests for flexible working on hiring.  Many of our employees work flexibly in many different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours.  Please talk to us at interview about the flexibility you may need.  

 
 
Who we are:
 

With about 55,000 employees serving customers in more than 170 countries we aspire to become the best global insurer as measured by our shareholders, customers and employees. If you're interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. The success of our business is built on the contributions of our highly talented employees - people who work every day to position us at the forefront of the insurance industry. We therefore look to hire great people and we encourage those people to give their best. 

 

You’ll feel the support of being part of a strong and stable company. A long-standing player in the insurance industry, we make every effort to address the career development needs and plans of our employees to ensure their success in the future.

 
 
Further information:
 

At Zurich, we aim to have a diverse mix of employees that reflects our customers and the communities in which we live and work. Zurich is a workplace that values different opinions, respects personal needs, and provides equal opportunities for all, regardless of age, gender, race, religion, disability, marital status, gender identity, pregnancy/maternity status and sexual orientation.  Our approach ensures that Zurich is a place that values different opinions, respects personal needs, and provides equal opportunities for all. We are committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. Zurich is passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity through the Zurich Community Trust.  

 

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.

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