Job Description: The technical actuarial assistant will be responsible for working with and supporting the partners in analyzing portfolios of life insurance policies and pension scheme profiles to assess the longevitymortality risk of the... Anonymousprnt::Y
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Technical Actuarial assistant

Job Description:
The technical actuarial assistant will be responsible for working with and supporting the partners in analyzing portfolios of life insurance policies and pension scheme profiles to assess the longevity/mortality risk of the underlying insured and gauging their investment risk profile. This will be undertaken by running cashflow and premium generation models, creating trading databases and technical review of cash flows for life-contingent transactions, review of underlying policy and insured data information provided by underlying insurance companies and brokers, amongst others aspects.
Analyze statistical information to estimate mortality, longevity rates.
Ascertain premium rates required and cash reserves and liabilities necessary to ensure payment of future benefits.
Design, review and help administer insurance, annuity and pension plans, determining financial soundness and calculating premiums.
Determine policy contract provisions for each type of insurance.
Explain changes in contract provisions

Company Description:
Our Client is anFCA regulated advisory/brokerage business working with its global clients to select life risk which is most appropriate for their various investment strategies. The team are experts in the longevity and mortality market with over 10 years of experience. Our Client provides a full advisory/brokerage service to their clients which are global institutions ranging from private equity, sovereign wealth funds, life insurance companies and pension schemes. They are based close to both the West End and City of London.


Candidate Requirements:
Actuary with qualified or Associate status. Cera is desirable but not essential.
Strong written and verbal communication skills with English as a strong business language as you will be required to explain complex deals across the phone.
Ability to clearly explain complex statistics and technical details
At leae 1 years experience evaluating insurance and/or pension plans
Advanced computer skills, including understanding databases, spreadsheets and statistical analysis software
Strong attention to detail
Self-starter – able to get on with a designated task without excessive supervision
Strong organizational and planning skills

We welcome any questions you have regarding actuarial jobs, this actuarial role in particular or on any other actuary jobs. At GAAPS, we tailor our research to your needs and would be delighted to have a conversation about the future of your actuarial career.


Job Categories
Job Type:Permanent
Location:Central London
Area of work:Life | Pensions | International | IT
Level:Qualified | NearlyQualified - 11 exams or more | PartQualified - 5 to 10 exams | PartQualified - up to 5 exams | Given up Exams
Package details:Depends upon experience

Contact information:
Name:Geraldine Kaye
Reference:GKAE-ASND6K

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Gaaps group companies comprise: Gaaps Actuarial Limited, Registered Office: Quadrant House, 4 Thomas More Square, London E1W 1YW. incorporated in England No 4517142, and Gaaps Actuarial Pty Limited, Established in UK Registered No FC032198 at Quadrant House, 4 Thomas More Square, London E1W 1YW. Australian Proprietary Company, liability of members is Limited, Incorporated in Australia Registered No 123190983 at Australia Securities & Investments Commission. Head Office AM60, 42-60 Albert Street Level 11, Brisbane QLD 4000 2017 Copyright. All rights reserved.