L&H Actuarial Closing – Junior Closing Actuary

The L&H Actuarial Closing - Junior Closing Actuary is a member of the L&H Actuarial Closing team, which is responsible for the delivery of the Life technical reporting to the downstream systems under both Solvency II and IFRS17. This includes data quality assurance, actuarial guidance and analysis of the consolidated results. Furthermore, the team has a leading role in the implementation of an end-to-end global target operating model and process, optimizing the delivery of Solvency II / IFRS 17 reporting & analysis requirements. In this position, the L&H Actuarial Closing – Junior Closing Actuary will work closely with other L&H Financial Technical Reporting teams and Group Chief Accounting Officer teams, L&H Business Unit Operational teams and other teams (most notably Group Finance, Group IT as well as external IT development teams). Key duties and responsibilities IFRS17 and Solvency II Set up calculations of the CSM Engine including required checks and workarounds Support the macro market teams with any queries related to IFRS17 results calculated in the CSM Engine, in close collaboration with the team reviewing the local cashflows Provide value adding insights to senior management on key drivers and risk relating to Solvency II and IFRS17 results Assist in testing of end-to-end system developments Support the reporting of the Group and Legal Entities’ Solvency II liability data, ensure adequate governance and delivery to downstream systems and teams Support the reconciliation of SII-IFRS17 Support the documentation of the IFRS17 and SII controls on the consolidated results as well as of the results themselves Input in the production of guidelines for SII and IFRS17 cashflow modelling Others Ensure strong emphasis on efficiency, automation, flexibility and control design Participate in projects or ad-hoc topics as needed or when requested Required experience & competencies First experience and knowledge of actuarial methodology and financial reporting processes (2+ years) Knowledge of SII and IFRS17 standards Good IT skills of standard software (MS Office) Good written and oral communication skills Excellent analytical and mathematical skills Team player, collaborative spirit Innovative, flexible and adaptive to changing requirement Fluency in English (written & spoken) Required Education University degree in Mathematics or similar Actuarial education started #J-18808-Ljbffr