ICA Manager
by Richard Kirwan
Duties of the role include:
• Manage the ICA process and discussions with the FSA. Ensure inputs are owned and signed-off by internal subject matters within and outside Actuarial.
• Continually enhance the ICA model to reflect business changes and improve predictiveness
• Drive the use of the ICA by the UK company, in particular for reinsurance assessment, business planning and optimisation of the risk-adjusted return ob capital
• Provide thought leadership on the appropriate tools and methodologies to incorporate return on capital in pricing models and the impact on the portfolio level as well as individual accounts
• Work with the Economic Capital Modelling team to ensure smooth transition between UK ICA model European Internal Model.
Support the Solvency II project in particular to leverage the ICA learnings
• Assist in the production of the economic balance sheet, SCR calculation and QIS exercises.
• Lead the ICA team. Recruit staff members, train them (actuarial techniques, programming skills, communication skills, relationship management) and ensure their career develop to the best of their abilities.
• Comply with key regulatory and risk management procedures.
• Adherence to European and matrix decision making standards within the authorities provided
The successful candidate will be a qualified actuary with proven people management and leadership skills.
A proven ability to educate non-technical managers on technical areas that enhance their decision-making ability. A proven track record of managing to tight deadlines and priorities.
If interested please contact Richard on +44 2031892902 or email richard@acumen-resources.com
