Full Time Permanent position
Hybrid role based in our City Centre offices

Irish 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. This role presents an exciting opportunity to be part of one of Ireland’s leading financial services groups with over 1.6 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) and this role plays a key part in overseeing the financial strength of our core insurance businesses. Irish Life 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 company fosters a dynamic and collaborative work environment, offering career growth, learning opportunities, and strong employee benefits. The focus has resulted in a team of top talent with high standards, positioning us at the forefront of our industry.

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 are now settled into our newly renovated, state-of-the-art offices in Dublin city centre, designed to support collaboration, wellbeing, and an enhanced employee experience. Our modern facilities include:
• A fully equipped gym
• A swimming pool
• A modern staff canteen
• Dedicated wellbeing spaces and facilities

These new offices provide a contemporary and flexible working environment, supporting our commitment to employee wellbeing, connection, and collaboration. 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-careers.com)

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 is only possible when we work best together—in a supportive, collaborative environment where every idea and contribution is valued.

Role Overview

We are seeking a senior actuarial leader to be our Deputy Head of Actuarial Function and to head the Actuarial Reporting team within the Actuarial Function in Irish Life Assurance (ILA). Reporting to the Head of Actuarial Function (ILA) you will provide leadership and strategic direction to a specialist team responsible for all aspects of actuarial reporting and projections across multiple bases - Solvency II, IFRS and LICAT as well as making a broader contribution across the business including driving innovation and evolving the Actuarial Function.

This is a broad leadership role with direct influence on financial and capital outcomes across all business lines in ILA. You will combine strong actuarial judgement with commercial insight, develop capability across the function and ensure that reporting remains responsive to evolving business, financial and regulatory requirements. The role carries significant people management responsibilities, overseeing a team of 25–30 colleagues across the Actuarial Reporting function.

The role reports directly to the Head of Actuarial Function (ILA). and sits within our Insurance and Financial Solutions Unit which manages both ILA and Irish Life Health to drive and deliver on our Better Futures Strategy. IFS is responsible for the development and monitoring of the full range of life insurance, pension, health insurance and investment products that Irish Life offers across a wide range of channels to both individual and corporate customers.

Principal Accountabilities

1. Lead the Actuarial Reporting team, setting the strategic direction, priorities and delivery plans across all reporting and projection activity, aligned to the wider priorities of ILA and the Actuarial Function.
2. Ensure the timely, accurate and insightful delivery of financial and capital reporting across Solvency II, IFRS and LICAT for all lines of business in ILA.
3. Provide strategic leadership and significant influence on complex actuarial, financial and capital matters, using sound judgement to analyse issues, shape recommendations and support informed senior decision-making and business direction.
4. Drive the ongoing development and enhancement of actuarial reporting approaches and processes, balancing local business needs with European and global strategic priorities and responding to emerging experience and evolving requirements.
5. Represent Actuarial Reporting with senior Finance, Actuarial and business stakeholders across the actuarial function, ILA and the broader group, building strong relationships and influencing outcomes.
6. Lead, develop and motivate the team, setting clear objectives and providing regular feedback, building capability and succession while creating a positive, collaborative culture focussed on continuous development.

What you will need to be successful in the role

This is an exciting opportunity for an experienced Actuary who wants to make a significant impact on the business. The ideal candidate will be / will have:

1. A qualified actuary with 10+ years post qualification experience in actuarial reporting, financial reporting or related areas.
2. Strong technical actuarial expertise, with a comprehensive understanding of relevant financial, capital and regulatory requirements.
3. Strong strategic and commercial judgement, with the ability to understand the wider business context, connect complex issues and translate actuarial insight into clear business implications and recommendations
4. Proven leadership experience with the ability to lead, develop and motivate a sizeable professional team and build capability for the future
5. Exceptional interpersonal skills, with the ability to build trust, foster constructive relationships, communicate complex technical matters clearly and work effectively with colleagues and stakeholders at all levels across a complex matrix environment.
6. Demonstrated ability to lead change and continuous improvement, challenging existing approaches and driving improvements in methodologies, processes and ways of working.

Key Working Relationships

Internal: ILA Head of Actuarial Function; Irish Life Group (ILG) Chief Actuary, ILA CEO, ILA CFO, ILG Finance Director, Actuarial Function Leadership Team, Insurance & Financial Solutions Leadership Team, ILA board and senior management, Great West LifeCo Actuarial Function.

External: External auditors, Peer Reviewer, Central Bank of Ireland.

Fitness & Probity

This role is a ‘controlled function’ as defined by the Central Bank Reform Act 2010 Regulations 2011. Any appointment will be conditional on the company being satisfied that the appointee meets the requirements as set out in the Fitness and Probity standards issued by the Central Bank. This requires the company to complete prescribed due diligence to assess the appointee’s fitness and probity. Further details on this due diligence process are available from ILFS Human Resources.

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 lifecareers@irishlife.ie and we will be delighted to ensure you are fully supported to be your best.

Irish Life Financial Services supports Equal Opportunity.

Irish Life Assurance plc is regulated by the Central Bank of Ireland.

Head of Actuarial Reporting / Deputy Head of Actuarial Function, Irish Life Assurance

Benefits

Job Description