Athora is an insurance and reinsurance group fully focused on the European market. We focus on growing our franchise, via acquisition, transfer or reinsurance of portfolios from other insurers, and delivering a competitive long-term return to our customers. Our principal operational subsidiaries are Athora Lebensversicherung in Germany, Athora Ireland, Athora Belgium and Athora Life Re, a Bermuda-domiciled reinsurer. Athora has about 800 employees, 800,000 policyholders and total consolidated assets of approximately €15 billion. Our acquisition of Vivat in the Netherlands is subject to, amongst other conditions, regulatory approval. We have ambitious plans to grow our business across Europe and we are looking for likeminded people to join us on our journey.
Working at Athora
We offer a fast-paced, dynamic work environment where our actions define us, more than any words or promises. We innovate to keep our business at the forefront of the market. People are at the heart of what we do, and we always value that humanity. We do what we do as well as we can because we are about improving lives, inside and outside our business.
Purpose of this role
The successful candidate will be a member of the Athora Group Actuarial Reporting team. The Group actuarial team provide valuation and reporting services to the Irish, German and Bermudan companies within the Athora Group. You will be involved with the production of financial and regulatory reporting for Solvency II, IFRS and Economic Balance Sheets. You will have an opportunity to learn about the macro economic factors affecting the valuation of our products as well as gaining valuable experience working with our actuarial cashflow projection model. You will also develop knowledge of different reporting requirements under SII, IFRS, EV etc.
Key Contribution Areas
Calculate financial information on a monthly & quarterly basis and communicate to business stakeholders explaining material trends / anomalies
Running the actuarial cashflow projection models to produce Solvency II and IFRS results
Documenting the assumptions used at each quarter and ensuring they are correctly applied within the cashflow model
Analysing and preparing the data used within the cashflow projection model
Improving or updating reporting processes as required
Produce results and draft report on required User Acceptance Testing in line with the calendar of model releases
Support ad-hoc analysis & investigations as required
Make a positive contribution to a growing and fast paced team
Personal Capabilities Required
High levels of commitment and energy
Analytical and problem-solving skills
Strong work ethic and eagerness to learn
Ability to work on own initiative and as part of a team
Good interpersonal skills, with the ability to communicate effectively and clearly
Functional or Technical Knowledge and Skill Required
Graduate actuarial analyst
Previous experience working in a reporting role in a life assurance company an advantage
Microsoft Office experience preferred (Excel, Word, PowerPoint)