* Full Time Permanent & 12 month Fixed Term positions available
* Hybrid role based in our City Centre offices
What we offer
We have embraced a hybrid working model for most of our positions, which means that you can enjoy a balanced approach of working from home for part of the week and working from the office for the remainder of the week.
We offer a comprehensive benefits package including competitive salaries and bonuses, robust Learning and Development support, excellent Defined Contribution pension and comprehensive Wellbeing initiatives and support to name but a few.
Further details on our benefits package can be accessed here Benefits (life-)
At Irish Life, our purpose is to help people build better futures. Our company values shape everything we do and underpin our vision of being the driving force behind Ireland's financial, physical, and mental well-being.
We believe in doing the right thing—acting with integrity and making fair, responsible decisions. We aim high, setting ambitious goals and find better ways to innovate and improve. Our customers are at the heart of everything we do and we are dedicated to understanding their needs and exceeding their expectations. Achieving this this is only possible when we work best together—in a supportive, collaborative environment where every idea and contribution is valued.
Role Overview
The Actuarial Development and Strategic Initiatives team is a forward-looking ambitious team and takes pride in delivering future-fit actuarial solutions that meet our customers' needs.
Within the team, there are three primary streams of work: Actuarial Processes, Actuarial Modelling, and Capital Initiatives. While each stream has its own focus, there is significant overlap and collaboration between them, reflecting the interconnected nature of actuarial work at Irish Life Assurance (ILA).
The team also assumes ownership for the delivery of large non-recurring actuarial projects and improvement activities which fall outside the normal business as usual actuarial reporting. We are responsible for designing and implementing changes to the actuarial modelling environment in ILA. In doing so, we ensure that actuarial models and processes within ILA keep pace with emerging business needs, regulatory changes and technological advancements in the life insurance industry in order to deliver results efficiently, consistently and accurately. The team also supports the exploration and implementation of strategic initiatives, in particular Capital Optimisation.
As an Actuarial Development Manager, you will have responsibility for one of the streams, but you will also work closely with colleagues across all streams, sharing expertise and resources as required. You will manage a small team of actuarial specialists, report to a Senior Manager within the Actuarial Development team, and collaborate with colleagues across Actuarial, Finance, and IT, as well as the Head of Actuarial Function and other teams within the Great-West LifeCo group.
What you will help us to achieve
* Play a key role in actuarial projects for ILA, collaborating effectively with Reporting and Pricing actuarial teams as required.
* Ensure that robust and accurate modelling/reporting solutions are delivered to stakeholders to enable them to meet their deliverables and to produce meaningful analysis of ILA's financial results.
* Assist in the exploration, analysis and implementation of potential strategic initiatives with a focus on capital optimisation
* Implement and assist in the development of the long-term vision for actuarial reporting processes in ILA, to help maximise the efficiency of the Actuarial Function.
* Manage multiple development requests from several stakeholders, ensuring that key deliverables are identified, prioritised and agreed.
* Champion the use of new technologies within internal stakeholder teams to drive efficiency and adapt to new demands.
* Lead, develop and motivate a team of actuarial specialists to ensure that they achieve and contribute to their maximum potential.
* Keep up to date with external developments, through engagement with the Society of Actuaries in Ireland, the Central Bank and external vendor companies, as well as individual research.
What you will need to be successful in the role
Candidates should ideally have a number of the following attributes:
* An actuarial qualification (FIA/FFA, FSAI or other appropriate professional qualification). Candidates who are nearly qualified will also be considered.
* Strong technical ability, sound judgement, and commercial awareness, with a drive to challenge and improve existing practices.
* Excellent problem solving and decision- making skills, balancing pragmatism with accuracy and understanding the broader impact of decisions.
* Be highly motivated with an ability to work and develop on own initiative and demonstrate a flexible and proactive approach to dealing with potential issues.
* Excellent communication skills, both written and verbal, with the ability to convey complex concepts clearly to different audiences
* Effective at building co-operative, positive relationships with key stakeholders, influencing outcomes and ensuring a balanced approach to sharing workloads.
* Strong planning and organisational skills, with the ability to manage multiple tasks and priorities effectively, ensuring key deliverables are met within agreed timeframes.
* Strong analytical skills and excellent computing ability with the ability to think through complex issues in a logical manner and identify key areas of analysis.
* A strong ambition to build a career in Irish Life and a positive, business-focussed approach to work.
* A good understanding of Irish Life's business and actuarial reporting bases such as IFRS17 and Solvency II would be an advantage.
* Experience in implementing model and reporting system developments, and familiarity with code-based actuarial processes and Prophet or similar systems, would be beneficial.
* A collaborative mindset and willingness to work across streams, recognising and embracing the overlap between actuarial processes, modelling, and capital initiatives.
Even if you don't see yourself reflected in every attribute listed above, we encourage you to reach out and apply if you feel you are a good fit for the role.
Key Competencies
* Communication and Influencing
* Risk and Control
* Problem Solving and Decision Making
* Planning and Organising
* Team Working and Cross Functional Collaboration
* Innovation and Change
About us
Irish Life is one of Ireland's largest financial institutions with a presence across a range of financial services markets. We are one of Ireland's leading financial services groups with over 1.5 million customers. For over 80 years, we've been helping people to look after their life insurance, pension and investment needs, and more recently their health insurance.
It is a subsidiary of Great-West Lifeco and a member of the Power Financial Corporation group of companies.
We are proud of our culture of developing and supporting the growth and professional development of our people. The focus has resulted in a team of top talent with high standards, positioning us at the forefront of our industry.
The company reserves the right to draw up a shortlist as part of the selection process. Where Agency assistance is required the Irish Life Recruitment Team will engage directly with suppliers. Unsolicited CVs / profiles supplied to Irish Life by Recruitment Agencies will not be accepted for this role.
Irish Life is proud to be an Equal Opportunities employer. We have created an environment of inclusion and growth to help people achieve their potential, to ensure they can bring their whole selves to work and to feel valued. We celebrate diversity of thought and perspective and want all of our employees to feel valued, respected and supported.
We have built a culture that promotes equality and inclusion for all of our current and future employees and strive to ensure that our behaviours, processes and practices are aligned to this culture.
If you require any accommodations during the recruitment process please contact and we will be delighted to ensure you are fully supported to be your best.
ILFS supports Equal Opportunity and is regulated by the Central Bank of Ireland.