Overview
Key Duties (Including but not limited to):
Contribute to all quarterly and annual deliverables. Support the Actuarial Manager in ensuring that the SII/UK and IFRS17 recommendations meet the required external standards and internal policies, and are booked accordingly with the relevant controls completed. Responsible for explaining the P&L and balance sheet impacts of this workSolvency II technical provision data, assumptions, and calculations, for example: payment patterns, discounting, ENIDs, risk margin, reinsurance default, contract boundaries, reinsurance treaty costs, investment expenses, premium provisions, BBNIMany IFRS17 items will be consistent to those for SII/UK (e.g. ENIDs, payment patterns), but there are other IFRS17 specific requirements under the accountability of this team such as: discounting and split between build/unwind/MYA, PAA eligibility tests, onerous contracts, risk adjustment, IFRS17 finance reconciliat...