Trainee Actuary in Dublin

Established in 1918, New Ireland Assurance is the first wholly Irish owned life insurance company to transact business in Ireland. Part of Bank of Ireland Group, we are currently the second largest life assurance company in the Irish market with over 500,000 policyholders and €15 billion in assets under management. We provide life assurance, pensions and investment solutions to individual and corporate customers.

Reporting to the Manager of Existing Business Product Management, the role is open to part qualified actuaries with strong analytical skills who would like the opportunity to work in the Existing Business Product Management department. The Existing Business Product Management department is responsible for the ongoing management of our Life and Pension products, policy statements and projections.

The successful candidate will be involved in a variety of analytical and development work, which will draw on their technical and communications skills along with providing expert technical support to the wider business.

You will work full time in our Baggot Plaza office in Dublin 4.

We are looking for someone who is hard working, committed and flexible to enable us to deliver on our strategic and day-to-day objectives. We will give you training and support, including an excellent actuarial exam package, and will provide you with opportunities to develop and progress your career in a challenging environment.

Key Responsibilities

• Work as part of a team of actuarial specialists, sharing expertise and knowledge across all areas
• Work with a range of different areas of the business, including Distribution, Marketing and Customer Operations, IT to better understand both the marketplace and customer needs
• Assist the product lifecycle reviews performed by our department. This process ensures our products are assessed on a periodic basis to ensure they are appropriate for our customers.
• Annual statements to customers are our key yearly communication with customers. Responsibility includes helping ensuring the smooth operation of this process and assisting in further enhancements to improve our customers` experience
• Develop, manage and update spreadsheets used for the production of actuarial projections or customer statements.
• Help the team continue to deliver exceptional service to both our customers and other areas of the business, while pursuing innovation and efficiency improvements opportunities

Essential Qualifications

• The role holder will be expected to study for the actuarial exams of the Institute and Faculty of Actuaries.
• Ability to balance competing priorities while still achieving a high standard of work.
• Good communication and interpersonal skills
• Problem solving and analytical skills
• Experience with Microsoft Excel & Word

Essential Skills & Experience

Life and Pension product knowledge -Familiarity with the commercial and regulatory environment -Microsoft Access and Visual Basic experience

Bank of Ireland Group is an equal opportunities employer and is committed to fostering an inclusive workplace which values and benefits from the diversity of our workforce.

Where Agency assistance is required Bank of Ireland Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Bank of Ireland by Recruitment Agencies will not be accepted for this role.