Senior Actuarial Associate at Tata Consultancy Services
Letterkenny, County Donegal, Ireland -
Full Time


Start Date

Immediate

Expiry Date

05 Sep, 25

Salary

0.0

Posted On

06 Jun, 25

Experience

0 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

No

Skills

Computer Science, Actuarial Science, Actuarial Exams, Reinsurance, Actuaries, Finance, Mathematics

Industry

Financial Services

Description

If you need support in completing the application or if you require a different format of this document, please get in touch with at UKI.recruitment@tcs.com with the subject line: “Application Support Request”.
Join a global tech leader right here in Donegal. With over 850 employees and a state-of-the-art global delivery centre, we’re proud to offer world-class career opportunities without having to leave the Northwest. Recognised as Workplace of the Year by the Letterkenny Chamber, we foster a culture of continuous learning, innovation, and respect. Our people are at the heart of everything we do – collaborating across teams, geographies, and disciplines to drive real change for clients around the world. Be part of something global, grounded in Donegal.

Responsibilities

This position will be a member of the valuation and reporting actuarial team, which is responsible for calculating actuarial items and preparing annual statutory financial statements, solvency capital requirement, and various capital calculations and risk assessments, tax reserve reporting and quarterly management reporting. The team will also have responsibility for forecasting and stress testing of reserve and capital requirements for international regulatory frameworks. This individual will also support various reinsurance transaction analysis and pricing.

Your responsibilities:

  • A key contributor in managing and maintaining the reporting function in accordance with regulatory rules and international accounting frameworks
  • Refine existing models and build up tools for Life Reinsurance reserves and capital for annual statements, capital calculations and management reports
  • Perform source of earnings analysis and help stakeholders understand change in capital level.
  • Contribute to review and validate the liability cash flows
  • Contribute to the creation of quarterly valuation results
  • Contribute to forecasting and stress testing results
  • Preparation of documents and testing for model registration and model affirmations
  • Enhance actuarial processes to improve efficiency and productivity to be following actuarial models’ validation, maintenance and risk management requirements
  • Contribute to creation, documentation and registration of assumptions in collaboration with the assumptions team
  • Perform cash settlement review processes
  • Collaborate and engage with key stakeholders: actuarial team, finance and controllers, modelling, treasury, audit (internal and external), risk management, assumptions
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