We are a team that consists of intellectual young minds that specializes in Executive Search/Head Hunting Recruitment & Selection Get Qualiï¬ed Scheme CV Review/Creation Training
Job Description
- The Head of Actuarial Services is a senior leadership role responsible for providing strategic direction and oversight of all actuarial activities.
- This includes leading pricing, reserving, and risk management functions to ensure the company’s financial soundness and regulatory compliance.
- The role demands strong analytical capabilities, industry expertise, and a forward-thinking approach to optimize profitability and manage risk in a dynamic market environment.
Responsibilities
- Develop and implement actuarial strategies to support the company’s financial and business objectives.
- Lead the pricing of insurance products, ensuring competitiveness while maintaining profitability.
- Oversee the valuation of insurance reserves and ensure compliance with regulatory requirements.
- Provide actuarial insights to support strategic decision-making, including risk assessment, capital management, and investment planning.
- Collaborate with underwriting and product development teams to design innovative insurance solutions.
- Develop and maintain robust actuarial models, ensuring accuracy and alignment with industry standards.
- Prepare detailed actuarial reports and communicate key findings to senior management and the board.
- Monitor and manage risk exposures, implementing measures to mitigate financial risks effectively.
- Stay updated on industry trends, regulations, and advancements in actuarial practices.
- Mentor and develop a high-performing actuarial team, fostering a culture of excellence and innovation.
Qualifications
- Bachelor’s degree in Actuarial Science, Mathematics, Statistics, or a related field.
- Fellowship or Associate membership in a recognized actuarial professional body (e.g., SOA, CAS, or IFoA).
- Minimum of 10 years of actuarial experience, with at least 5 years in a senior leadership role within the insurance industry.
- Proven expertise in pricing, reserving, risk management, and financial modeling.
- Strong knowledge of regulatory frameworks and compliance requirements in the insurance industry.
- Exceptional analytical, problem-solving, and decision-making skills.
- Excellent communication and presentation abilities, with experience engaging with executive leadership and regulatory bodies.
- Demonstrated ability to lead and inspire teams in a fast-paced, results-driven environment.
Method of Application
Signup to view application details.
Signup Now
