• 2.3.2 Life


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    Description of role

    Responsible for oversight of actuarial activities and reserving by life business.     

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    Core technical skills

    • Deep skills in the evaluation of complex risks and assess the probability and potential financial consequences of those risks specifically related to Life insurance
    • Highly skilled at analysis using probability theory and investment theory as applied to Life insurance
    • Ability to evaluate the adequacy of insurance premiums to ensure claims can be met
    • Advanced problem-solving and analytical ability
    • Deep understanding of economics and of legislation related to financial services
    • Understand the interaction between theory and practice when using actuarial techniques
    • Understand the commercial environment
      • Work within a professional and ethical framework
    • Ability to communicate with stakeholders and colleagues
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    Qualification and/ or certification

    • QFSQF Level 3
    • ACII or equivalent qualifications would be useful
    • Relevant experience