Head of Process and System Development

Role Overview

After a very successful period of growth CL Re has developed a significant and diverse portfolio of reinsurance transactions. A significant project has now been commissioned to design, develop and implement an integrated suite of processes and systems that will give rise to an efficient, reliable, robust and scalable platform to support the Actuarial Function discharge its responsibilities. The platform will leverage existing processes and systems and be developed to support both the existing portfolio and the planned portfolio growth in the years ahead.

This role is responsible for the Process and System project. The key senior stakeholder relationships include: Actuarial Leadership, Head of Operations, Head of Finance, Head of IT as well as the Divisional Steering Committee.

This exciting, critical and high-profile role is considered a key enabler and accelerator of the Actuarial Function’s success. It is a unique opportunity to:
•    Work with leaders across the Company on the process and system transformation journey.
•    Set and deliver on the strategic direction for the processes and systems that will be a cornerstone of CL Re long into the future.

What you will help us to achieve

In this role, the successful candidate will:

•    Develop a deep understanding of the Actuarial Function deliverables and the existing processes and systems.
•    Lead the Process and System project from scoping through to implementation. This will include seeking Steering Committee support, budget approval, drafting detailed project plans, project management, governance and reporting, design and build, testing and implementation into production.
•    Identify and engage the skillsets (e.g., business analysts, SQL, Prophet, Power BI…etc.) required to deliver the project.
•    Work with the relevant internal stakeholders (Actuarial teams, Operations Function, Finance Function, IT Function, the Group Actuarial Function) and lead the engagement with external suppliers.
•    Create an environment and ultimately a culture that encourages new approaches, challenges the status quo and inspires creativity. Explore the use of emerging technologies and develop an understanding of how they can be leveraged for actuarial processes.
•    Guide and oversee the Actuarial teams’ migration across to the new processes and systems, ensuring the targeted benefits are fully realised across the Actuarial Function.
•    Keep abreast of regulatory change, technological advancements, industry trends and best practice in the reinsurance industry.

What you will need to be successful in the role

The ideal candidate will have:

•    A relentless passion for success and making an impact.
•    Extensive experience and a deep understanding of actuarial processes and systems.
•    Experience of developing actuarial systems and managing process improvement initiatives (including delivering project timetables and communicating progress to relevant stakeholders).
•    A proficiency in data management and analysis, cash flow modelling, financial and capital reporting, project management, Finance or Actuarial transformation projects as well as knowledge of Agile ways of working.
•    Significant experience in a senior actuarial role managing a team in a fast-paced complex environment and a strong track record of delivery at senior management level.
•    Well-developed professional judgement and be at ease balancing urgency and importance.
•    A demonstrated capacity to build relationships, gain trust and command respect at all levels.
•    A credible voice speaking to senior decision makers within the Division and the Group.
•    An appetite to work effectively in partnership with senior management across the Dublin office, the Division and the Group.
•    Highly refined verbal and written communication skills and in particular, an ability to effectively communicate complex concepts to different audiences.
•    A strong work ethic, a willingness to work to a flexible schedule and to travel occasionally.

Key Competencies

Technical Competencies

Technical expertise