Senior Manager, Actuarial 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 senior manager role will lead the data management aspects of the project.

What you will help us to achieve

In this role the successful candidate will:
•    Develop a deep understanding of the Actuarial Function deliverables, the existing processes and systems, and the associated challenges and limitations.
•    In conjunction with the model development workstream, develop a clear integrated vision for data management and modelling that enables the Actuarial Function effectively and efficiently produce its deliverables. 
•    Work in conjunction with the Actuarial teams, the Operations teams and the IT teams to design and develop the optimal suite of processes and systems (i.e., the solution) to manage the data flows in the context of the end-users’ needs and expertise.
•    Develop co-ordinated and cohesive work plans to deliver the solution and provide accurate estimates for effort and timelines. Ensure that the benefits the solution gives rise to are clearly specified, carefully articulated and the means to realise them are understood and accepted as part of the delivery roadmap.
•    Carefully communicate that vision and the associated execution strategy to the relevant stakeholders. 
•    Own the relationship and drive the engagement with the Operations and IT teams on the in-scope data management topics.
•    Establish key performance indicators (KPIs) that measure the impact of solutions and track their success. Analyse the outcomes and make adjustments as necessary to maximize their benefit. 
•    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.
•    Support the development of 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.
•    Be seen as a Divisional subject matter expert on data management and a trusted partner that delivers.

What you will need to be successful in the role

The ideal candidate will have:
•    Significant experience operating in an actuarial environment in an insurance or reinsurance company.
•    A relentless passion for success and making an impact.
•    Extensive experience and a deep understanding of actuarial processes and systems.
•    Demonstrated experience across the following:
•    Data management and analysis, cash flow modelling and actuarial reporting.
•    Developing finance and actuarial systems, the software development lifecycle and change management.  
•    Managing process improvement initiatives (including delivering project timetables and communicating progress to relevant stakeholders), agile ways of working and long-term project management.
•    Significant experience of database management including:
•    Database design, development, documentation, and ongoing management (including backup and recovery strategies as well as security best practices).
•    SQL Server performance tuning and optimization techniques.
•    Best practice approach to coding and documentation.
•    Extensive experience with:
•    Advanced SQL programming techniques.
•    MS Excel, MS Word, MS PowerPoint, VBA, R, Prophet, DCS, CyberArk, Power BI, Dax Studio and knowledge of other modern programming languages.
•    A high level of comfort operating in an environment with ambiguity, frequent change and uncertain parameters.
•    Highly refined verbal and written communication skills and in particular, an ability to effectively communicate complex concepts to different audiences.
•    A demonstrated capacity to build relationships, gain trust and command respect at all levels. In particular the ability to partner with, influence and relationship manage diverse stakeholders to drive common purpose across the IT, Operations and Actuarial teams.
•    A credible voice speaking to senior decision makers within the Division and the Group.
•    A strong work ethic, a willingness to work to a flexible schedule and to travel occasionally.

Key Competencies