Reporting & Product VA Actuary
by Jennifer Johnston
• To assist with the completion of returns,reports and actuarial calculations, in order to ensure that the requirements of regulators, board and management of the company and policyholders are met; and to ensure that the company develops in a sound financial manner.
• To assist in the development and enhancement of the company’s products in line with specified
business requirements.
Main Accountabilities:
• To be responsible for the production of actuarial valuation figures, statutory returns, parent
company returns and recommendations to the board and senior managers as required in a timely manner.
• To be responsible for the production of the embedded value returns of the company as required
by the board and parent company.
• To maintain and develop actuarial models to measure reserves, embedded value and
profitability and to price new products.
• To review and report on the development and monitoring of key assumptions that are used in profitability models e.g. mortality and expense levels and lapse ratios.
• To contribute to specific projects and to undertake other duties which are necessary for the efficient running of the company and actuarial department.






