Trainee Actuary CLE
Dublin, IE
Canada Life Assurance Europe plc (‘CLE’), a company within the Great West Lifeco Group, is a life assurance company with a branch in Germany. CLE sells unit-linked pension and protection products to customers in Germany through independent brokers. We have offices in Dublin, Cologne and Neu-Isenburg (near Frankfurt).
Our brand values reflect the kind of company we are today and strive to continue to be in the future:
Ambitious: We consistently pursue our goals and constantly look for new opportunities and we are ready to go the extra mile for our customers.
Creative: Together with our partners we offer appropriate and flexible solutions that inspire.
Unconventional: We break new ground in order to offer our customers the best protection for a good life.
Better: We constantly work on our abilities and strive to offer our customers superior products and services.
Strong: Based on our performance and with the support of our Canadian parent company we look to provide the highest security for the future for our customers, partners and employees alike.
Collaborative: We move forward together, helping each other to become better and together we find good solutions both for the customer and for ourselves.
Responsible: We act transparently and fairly, and are forward-thinking and risk-aware for the benefit of our customers, partners and employees.
People – our customers and employees alike – are at the heart of everything we do at CLE. We share a deep commitment to our customers and to each other. If you are looking to work in an inclusive, supportive and dynamic workplace on a path of growth, we’re glad you found us! Whether you are starting your career or looking to develop your expertise as a specialist, we’ll support you every step of the way.
What we offer
Hybrid working model – excellent city centre location with attractive working from home options;
Personal Protection – Company Pension, Death in Service Benefit, Health Insurance Allowance, Income Protection Scheme, optional Specified Illness Scheme;
Health & Wellness – Top-Class Employee Assistance Programme, Bike to Work Scheme, Policies supporting Work/Life balance, Digital Doctor to name but a few.
Role Overview
CLE is seeking to recruit an ambitious and talented candidate into the role of Trainee Actuary. This is an exciting opportunity which would suit an Actuarial student with a few years’ experience or an Actuarial graduate who is looking to put their technical and analytical skills to use. The Actuarial Reporting team perform a variety of tasks such as reserve and capital calculations, experience investigations, basis setting, reinsurance management, funding controls and report writing. The role has plenty of scope for the candidate to learn and grow while working within a small team of students and experienced actuaries. Over time we aim to the provide potential for the jobholder to broaden their actuarial experience through rotations across the various teams within the Actuarial department.
What you will help us to achieve
• Report on our company’s financial performance via quarterly reporting and the setting of regulatory reserves and capital under different bases used by the company,
• Support the business planning process by producing earnings and capital projections as required for business planning and strategic review,
• Perform sensitivity and scenario testing for use in local and Group reporting,
• Implement and report on complex reinsurance strategies designed to reduce the risk to the company and our Canadian shareholder,
• Perform data analysis to identify trends and anomalies to assist management’s decision making,
• Provide actuarial and technical support for queries from clients, sales channels, and non-actuarial teams,
• Develop a working knowledge of Statutory, Revenue, Disclosure and Pensions legislation to ensure compliance with legislation and Company policies.
What you will need to be successful in the role
• Making good progress through the Actuarial Professional Exams,
• An expectation of at least a 2.1 result in actuarial mathematics or similar financial studies,
• Self-starter and ability to navigate through complex problems to achieve results and deliver solutions,
• Meticulous in the production, validation, presentation and communication of results while meeting challenging deadlines,
• Respectful of deadlines, discipline and process, yet flexible and pragmatic within a growing business,
• Ability to interact with colleagues and management at all levels,
• Excellent communication and interpersonal skills,
• Skilled user of Excel, Access & Word. Experience of developing VBA and SQL code,
• While German language skills and / or knowledge of CLE’s products & processes can be beneficial for some of the roles available they are not a requirement.
Key Competencies
The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Canada Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Canada Life by Recruitment Agencies will not be accepted for this role.
Canada Life Group Services is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported. We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.
If you require any accommodations during the recruitment process please contact LifeCareers@irishlife.ie and we will be delighted to ensure you are fully supported to be your best.
CLGS supports Equal Opportunity and is regulated by the Central Bank of Ireland