Capital Manager

Job Title: Capital Manager - Actuary
Department: Actuarial – Capital
Reports: Economic Capital Actuary
Location: Dublin

 

Job Summary

Supports the economic capital actuary with Solvency II deliverables and internal capital projects.

 

Key Tasks & Responsibilities

  • Performs the quarterly standard formula calculation and associated reporting (local and group)
  • Supports the capital actuary and the wider business in the ORSA process by providing sound quantitate risk modelling
  • Carries out analysis in support of LI’s management of Reinsurance, Investments and ALM.
  • Monitors and analyses financial results/data in order to communicate the impact of strategic and operational plans. Develops and revises strategic and tactical plans as necessary to meet corporate objectives and respond to environmental changes
  • Retrieves, understands and manipulates data and perform rigorous validation as it relates to assigned and related projects
  • Assists in the development and maintenance of departmental policies and procedures in line with market developments, best practice GI techniques and regulatory guidance. Ensure these policies and procedures are adhered to in the delivery of timely & accurate results
  • Maintains clear and concise documentation of methods and activities
  • Provides clear and concise communication of technical work to technical and non-technical audiences
  • Actively adds value to the business by looking for operational efficiencies and process improvements in the capital area and across functions
  • Provides consultation to senior managers and other groups on capital matters as a subject matter expert

Management Role

  • Understand the vision, goals and direction of the team and organization
  • Supervises the day-to-day activity for staff by establishing priorities, scheduling, and assigning work
  • Uses the objective setting and performance evaluation processes to ensure employees understand the expectations, receive regular feedback, and are appropriately developed and rewarded. Deal decisively with performance and/or conduct issues
  • Ensures adherence to policies, procedures, and objectives
  • Manages key internal and external stakeholder relationships and manage the integration of the department with others so as to deliver a better service to the business

 

Qualifications

  • Bachelor's degree required. Insurance designations desirable
  • Fully qualified Actuary with 0-2 years post-qualification experience

  

Experience & Knowledge

  • 4+ years of progressively more responsible experience, including supervisory experience
  • Ideally modelling experience for Ireland or UK
  • Strong knowledge of insurance operations and the procedures of Financial, Underwriting, Claims, Statistical, Information Technology, Legal, and Sales departments
  • Good working knowledge of professional/regulatory standards and codes – Solvency II experience preferable
  • Experience of working in a multi-cultural or cross-border organisation an advantage
  • Experience of working within a framework of legal and company policy procedures and guidelines

  

Competencies

  • Strong IT skills with knowledge of GI actuarial modelling packages: Igloo, ResQ
  • Strong and proven analytical skills with an understanding of how actuarial/statistical methodologies apply to business problems
  • Highly motivated and takes initiative
  • Excellent planning and organising skills, highly skilled at managing own workload and team objectives. Manage expectations effectively
  • Ability to exercise discretion, and apply independent judgment and well-developed critical thinking skills in execution of assignments and projects
  • Able to influence / negotiate with others to achieve solutions
  • Demonstrated ability to exchange ideas and convey complex information clearly and concisely, both verbally and in writing.
  • Ability to establish and build effective relationships within and outside the organization
  • Ability to give effective training and presentations to senior management and other groups
  • Ability to coach and develop staff members
  • Management role: Ability to lead and get work done through others
  • Ability to communicate and influence at senior management level
  • Good understanding of project management disciplines an advantage

 

Liberty Insurance is an Equal Opportunity Employer.

 

If you would like to apply for any of the above positions please submit your CV to recruit@libertyinsurance.ie

Alternatively, if you require further information on this vacancy, please contact our
Human Resources Department on +353 (0)1 553 4060.