Student Actuary - Italian Life Operation

Job Description

Reporting to the Senior Product Development Actuary, the principle functions of this role will be:

To work with the Product Development Actuary in the development of new products

Roles/Responsibilities

• Profit testing and financial projections on product development initiatives
  
• Liaison with Product and Marketing team for product implementation and launch
  
• Analysis of customer and distribution requirements regarding new product developments
  
• Maintain up to date technical knowledge of the variable annuity market and identify opportunities for business growth
  
• Working closely with the Paris based hedging team, develop a thorough understanding of the hedging strategies appropriate for variable annuities;
  
• Manage stochastic models relating to variable annuity products
  
• Provide actuarial assistance in production of policy documentation
  
• Analysis of company experience to aid assumption setting process

Skills/Experience

• A minimum of three years + in a product development environment.
  
• Knowledge of unit-linked and tracker bond products preferable, and of variable annuities an advantage
  
• Excel, Access, Moses or Prophet experience a definite advantage.

Education / Professional Qualifications

A Part or Nearly qualified actuary would be the ideal fit for this position.

Personal Attributes

• Ability to think analytically and to make clear decisions on complex issues
  
• Ability to draft reports on a range of the company's activities
  
• Ability to multi-task
  
• Ability to forge effective working relationships with internal and external contacts
  
• Effective communication skills
  
• Ability to speak Italian would be an advantage, but is not essential