SII, IFRS17 & Projects Actuarial Consultant / Analyst

🔒 Confidential Employer
Posted 22 March 2026
LOCATION
London
TYPE
Full-time
LEVEL
Mid-Senior level
CATEGORY
Actuarial
This employer holds a UK Home Office sponsor license — sponsorship for this specific role is at the employer’s discretion

SKILLS

Solvency II IFRS17 Actuarial Analysis Risk Management Financial Reporting Data Analysis

FULL DESCRIPTION

SII, IFRS17 & Projects Actuarial Consultant / Analyst – 28993

The key purpose of the role is to be part of the team that prepares, analyses, calculates, improves, validates and reports on all Solvency II/UK and IFRS17 aspects of their reserves and technical provisions outside the actuarial analysis

Ref: 28993

Location: London

Category: Actuarial

Type: Permanent

Overview

Key Duties (Including but not limited to):

  • Contribute to all quarterly and annual deliverables. Support the Actuarial Manager in ensuring that the SII/UK and IFRS17 recommendations meet the required external standards and internal policies, and are booked accordingly with the relevant controls completed. Responsible for explaining the P&L and balance sheet impacts of this work
  • Solvency II technical provision data, assumptions, and calculations, for example: payment patterns, discounting, ENIDs, risk margin, reinsurance default, contract boundaries, reinsurance treaty costs, investment expenses, premium provisions, BBNI
  • Many IFRS17 items will be consistent to those for SII/UK (e.g. ENIDs, payment patterns), but there are other IFRS17 specific requirements under the accountability of this team such as: discounting and split between build/unwind/MYA, PAA eligibility tests, onerous contracts, risk adjustment, IFRS17 finance reconciliations, IFRS17 reporting, GMM requirements
  • Corporate Actuarial support for IFC and UK&I Projects (e.g. acquisitions, reinsurance, IFC strategic priorities, ad-hoc actuarial analysis, cost-benefit analyses)

Qualifications required:

Appropriate actuarial training, qualification and experience commensurate to the expectations set out in duties for Consultants and Analysts

Experience required:

  • The job holder should possess a good understanding of the business area they are responsible for and wider industry hot topics
  • Credibility to operate in support of the UK Actuarial leaders, work as part of an effective team, and to drive continuous improvement
  • Relationship and trust building with senior actuarial colleagues and the business is paramount
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