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Actuarial associate - junior to senior level

Letterkenny
Tata Consultancy Services
Posted: 9h ago
Offer description

Job Type: PermanentKeen to accelerate your career in the Actuarial Space?Join TCS as an Actuarial Associate (Junior to Senior Level)!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.Careers at TCS: It means moreTCS is a purpose‑led transformation company, built on belief. We do not 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 the UK and worldwide. For you, it means more to make an impact that matters, through challenging projects which demand ambitious innovation and thought leadership.Collaborate with leading lights of industryGain access to endless learning opportunitiesShape the future of TCSThe RoleThis position will be a member of the TCS actuarial team. The primary purpose of this role is to be the lead technical & actuarial expert across Actuarial Client Services. The senior role holder will take a lead/technical role in projects and also lead on business‑as‑usual technical issues such as investigating and signing off corrections that arise on customer policies. We also seek Junior Actuarial Associates starting out on their journey within the Actuarial domain.Your responsibilitiesEnsure 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.Contribute to review and validate the liability cash flows.Provide actuarial expertise and sign‑off for administration system or customer related escalations – provide product expertise, sign off bases to be used to determine customer redress, resolve issues and queries that arise.Refine existing models and build up tools for Life & Pension reserves and capital for annual statements, capital calculations and management reports.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.Collaborate and engage with key stakeholders: actuarial team, finance and controllers, modelling, treasury, audit (internal and external), risk management.Your ProfileEssential skills/knowledge/experienceDegree in Actuarial/Mathematics or similar numerate subject.Associate of the Institute and Faculty of Actuaries.3 years’ experience with at least 4 Actuarial exams passed or 2 years’ experience with more than 7 actuarial exams passed from the IFOA Core Principle & Core Practice exams for senior role.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).Knowledge of regulatory requirements and supervisory expectations in Ireland (Central Bank of Ireland and The Pensions Authority).Strong technical skills with experience in VBA, Python and SQL, (experience in GGY Axis/ Polysystems/Alpha a plus).Experience with international accounting frameworks and/or reinsurance is a strong plus.Excellent analytical ability.Excellent verbal and written communication/presentation skills.Ability to support an actuarial project from conception to completion.Report writing skills.Highly organised, collaborative and adept at managing multiple, competing priorities.Diversity, Inclusion and WellbeingTata Consultancy Services UK&I is committed to meeting the accessibility needs of all individuals in accordance with the Ireland Employment Equality Acts 1998-2011 (as amended) and the Equal Status Acts 2000-2012 (as amended).We welcome and embrace diversity in race, nationality, ethnicity, disability, neurodiversity, gender identity, age, physical ability, gender reassignment, sexual orientation. We are a disability inclusive employer and encourage disabled people to apply for this role.As a Disability Confident Employer, we offer an interview to applicants with disabilities or long‑term conditions who meet the minimum criteria for the role. Please email us at UKI.Recruitment@tcs.com if you would like to opt in.Beware of Fraudulent offersThis is to notify you that TCS does not ask for any sort of payment or security deposit from candidates at any stage of the recruitment process. The firm never sends out job offers from free internet email services like Gmail, Yahoo Mail, and so on. TCS has not authorised any third‑party company to collect money on their behalf. As a vigilant job seeker, beware of fraudulent recruitment activity and protect your interests! You can write to UKI.Recruitment@tcs.com to report any fraudulent activity.
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