We use cookies. Find out more about it here. Some services may not be available without accepting cookies. By continuing to browse this site you agree to our use of cookies.

Actuarial Analyst job

#alert

Guardian Group

Job Ref:  300000087007138
Employer:  Guardian Group
Sector:  Life Insurance
P&C/General Insurance/Non-Life
Qualifications:  Part Qualified Actuary
Software:  Axis
Excel
Job Type:  Full Time
Salary and Benefits:  Competitive
Remote:  No

Location

Country:  Trinidad and Tobago
Post Code:  Not specified
Map: 

Description

Job Description

Are you passionate about numbers, analytics, and problem-solving? Do you have a keen interest in the insurance and financial industries? If so, we invite you to join our team as an Actuarial Analyst. In this role, you'll have the opportunity to apply your analytical skills and contribute to meaningful projects that drive business success.

About Guardian Life of the Caribbean Limited
Guardian Life of the Caribbean Limited leads the charge in Life, Health, and Pension solutions throughout the Caribbean Region. Our unwavering mission is to cultivate financial freedom for our stakeholders through transformative interactions, fueled by the relentless power of technology. With innovation at our core, we strive to redefine the landscape of financial services, empowering individuals, and businesses alike to pursue their dreams with confidence and security.

JOB OVERVIEW:

The Actuarial Analyst has responsibility for routine actuarial calculations using Axis, Excel and other tools. The Analyst will also be required to work on ad hoc projects with supervision from the Senior Actuarial Analyst / Manager.

JOB RESPONSIBILITIES:

1. Valuation:
• Produce the monthly reserve reports using Axis, Excel and other models.
• Produce comprehensive analyses of reserve movements over the period.
• Develop and design queries to extract valuation output for internal and external reporting purposes, including the assessment of the entities' capital adequacy position.
• Implement model changes as instructed by the Manager including documentation and validation of those changes.
• Conduct Asset modeling including valuation of bonds and derivation of interest rate vectors for use in the valuation of policy liabilities.
• Perform investigations of the company's mortality, lapse, expense, premium persistency, critical illness and annuitant mortality experience.

2. Pricing:
• Develop Axis, Excel and other models in order to price new or amended products.
• Produce product profitability reports.
• Update / modify quotation systems.
• Perform pricing for special cases.
• Produce projections for use in the company's annual budgeting exercise.

3. Policy Quotations:
• Prepare individual policy calculations within agreed timelines whilst maintaining the highest standard of accuracy.
• Provide advice on technical issues related to products.

4. General Administration:
• Prepare reports for GLOC, Banc and Calico including Form A3 and other statutory reports, enforce and new business reports, quarterly lapse reports.
• Maintenance of Ingenium for special cases and for missing rates as required.

5. To perform any other job-related duties as assigned by the Manager or Executive.

EDUCATION & EXPERIENCE:
• 5 CXC/CSEC Passes including Mathematics and English Language.
• 2 A' Level/ CAPE passes.
• First Degree in Actuarial Science, Mathematics, Statistics or a related field from a recognized tertiary level institution.
• LOMA 280, 290, ACS 100 and all related parts.
• 2 - 3 years' experience in a similar role with a minimum of two (2) years in the Life Insurance Industry.
• Basic knowledge of relevant corporate issues, legislation, actuarial standards and processes.
• Working knowledge of insurance administration systems and products.

ADDITIONAL REQUIREMENT:

As a regulated entity with obligations under the Know Your Employee guidelines, a Certificate of Character is required.

PERSON SPECIFICATION:

The Actuarial Analyst must be self-motivated, demonstrating the ability to use his/her initiative to acquire job knowledge and solve problems. He/she must be meticulous, thorough, logical and an excellent team player. He / she must communicate clearly and be courteous in dealing with all stakeholders. The incumbent must be organized and be able to manage time and resources effectively to successfully balance work and study requirements.

Applications are to be submitted no later than Friday 12th April 2024. Applications will be treated with the utmost confidentiality.
ref: (300000087007138)
Applied = 0
Back to search results