Global Reserving Actuary

  • 36476
  • Non-Life - Actuarial
  • |
  • Italy
  • |
  • Dec 17, 2019
Reinsurance
RESPONSIBILITIES
  • Quality-Check & aggregation of regional LRC deliverables, in particular CI/WP LoB deliverables and their monthly evolution.
  • Controlling of ULAE, Rebates estimations.
  • IBNR calculation for Surety & Fidelity business, incl actuarial ranges for Region-intended Reserve/LR setting gross and net; argumentation on assumptions; close interaction with global and regional Surety&Fidelity teams.
  • Support CRA in preparing & running the actuarial processes.
  • Continuous exchange & monitoring of claims evolution & LLs with related departments.
  • Conducting the quarterly MVBS-, TP- and TechDB-exercise.
  • Preparing global IRCS documentation/checks.
  • Support on Budget process by providing expected evolution of claims, run-off, future premiums.
  • Support/Conduct the Annual Reserve Reports.
  • Support/Conduct the PRISM-exercise.
  • Support on ad-hoc questions and projects.
QUALIFICATIONS
  • Degree in Actuarial Science, Mathematics, Statistics, or related area.
  • Some years of reserving experience in nonlife insurance. Good knowledge of actuarial reserving methodologies and techniques, standards and assumptions.
  • Strong mathematical, problem solving, and analytical skills.
  • Strong collaboration, communication, presentation and interpersonal skills.
  • Fluent English.
  • Nice to have:
  • Qualified/Certified member of an Actuarial Association.
  • Knowledge about credit insurance products.
  • Understanding of risk capital models.
  • Additional European languages.