Product Migration Actuary

Looking for a challenge? Want to be part of a growing and dynamic insurance company and take the next step in your career? Reporting to the Actuarial Director, the Product Migration Actuary for Monument is a critical role in ensuring the robust migration of insurance portfolios across insurance platforms.

Responsibilities

  • Liaise with strategic outsourced service provider to interpret Monuments’ policyholder contractual obligations in a consistent manner and determine appropriate customer outcomes whilst allowing for PRE;
  • Represent Policyholder Reasonable Expectation (PRE) in interpretation and application of customer outcomes;
  • Determine appropriate acceptance criteria for product set-up and policy on-boarding activity, including downstream and lifecycle events;
  • Implement calculation solution(s) to validate policy admin valuation outcomes for relevant stakeholders via a set of pre-defined Monument expected results;
  • Validate that proposed service provider administration solutions are consistent with Monument interpretation of customer outcomes;
  • Validate that proposed service provider generic and book-specific calculation methodologies are consistent with Monument interpretation of policy admin valuation outcomes;
  • Validate that proposed service provider calculations are accurate in accordance with Monument expected results;
  • Create metric-based recommendation papers where the estimated cost of implementing a change outweighs the calculated benefit of continuing to collect a fee or charge on a specific product;
  • Create appropriate sign-off packs.

Location: Ireland or United Kingdom

Closing Date: 15/12/2019

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CONTACTS

Monument Re

Crown House
4 Par-la-Ville Road
Hamilton HM08
Bermuda

+1 441 400 3900

Laguna Life DAC

Europa House
Block 9, Harcourt Centre
Harcourt Street
Dublin 2
Ireland

UK 0800 0969 127
Spain 902 12 72 72

Monument Assurance Belgium

Koloniënstraat | rue des Colonies 11
1000 Brussel | Bruxelles
Belgie | Belgique

+32 (0) 78 050 006

Monument Assurance Luxembourg S.A.

5, rue Eugène Ruppert
L-2453 Luxembourg

+352-264 98 1

Monument Insurance DAC
Monument Assurance DAC

Europa House
Block 9, Harcourt Centre
Harcourt Street
Dublin 2
Ireland

Inora Life DAC

Europa House
Block 9, Harcourt Centre
Harcourt Street
Dublin 2, Ireland

+353 15337596

Robein Leven NV

Noordeinde 35
2514 GC
The Hague
Netherlands

070 376 66 66

Nordben Life and Pension Insurance Co. Limited

OLD bank chambers
La grande rue
st martin
Guernsey
GY4 6rt

 

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