Description:
Careers at TCS: It means more
TCS is a purpose-led transformation company, built on belief. We don’t just help businesses to transform through technology. We support them in making a meaningful difference to the people and communities they serve - our clients include some of the biggest brands in Ireland and worldwide. For you, it means more opportunity to make an impact that matters, through challenging projects which demand ambitious innovation.
- Grow professionally with the help of your team members.
- Work within a fast paced, dynamic environment with access to endless learning opportunities.
- Build robust relationships with key stakeholders.
The Role
As a Senior Actuarial Associate, you will support key projects and will lead on business-as-usual technical issues such as investigation and sign-off of corrections that arise on customer policies. You will carry out and lead actuarial analysis, produce reports, make recommendations for change, sign off actuarial bases (subject to limits) and ensure correct implementation into systems.
- Support mainframe migrations and changes, in particular specifying, testing and signing off the calculations to be migrated to new systems.
- Ensure policy administration illustration systems are updated as necessary.
- Provide actuarial support to business projects (e.g. regulatory projects, calculation changes) including defining and signing off (where appropriate) calculation requirements and testing.
- Provide actuarial expertise and sign-off for administration system or customer service-related escalations – provide product expertise, sign off bases to be used to determine customer redress, resolve issues and queries that arise.
- Provide actuarial expertise and sign-off for one-off corrections that arise within Customer Services.
- Advise on changes arising from technical actuarial standards and regulatory/principal changes and ensure the implementation of changes.
- Sign off technical and calculations aspects of customer communications – for example, annual statements, member illustrations.
Your Profile
Key skills/knowledge:
- Degree in Actuarial/Mathematics or similar numerate subject.
- Associate of the Institute and Faculty of Actuaries.
- In-depth experience with at least four Actuarial exams passed or relevant experience with more than seven actuarial exams passed from the IFOA Core Principle & Core Practice exams.
- Excellent knowledge of Excel and other systems.
- Excellent analytical ability.
- Ability to support an actuarial project from conception to completion.
- Report writing skills.
- In-depth knowledge of a range of life assurance and pensions product types and charges.
- Working to project deadlines and in a multi-disciplinary environment (e.g., customer service, IT, Compliance).