AVP, Actuary

  • 37078
  • Non-Life - Actuarial
  • |
  • Bermuda
  • |
  • Mar 19, 2020
Reinsurance
RESPONSIBILITIES
  • Update the quarterly reserves, working closely with the finance team, underwriters and claims teams.
  • Analyze reserving results and respond to questions both internally and externally from the external actuaries and auditors.
  • Determine the a priori loss ratios and update as needed reporting and payout patterns by Reserving Class.
  • Determine the Solvency II Technical Provisions and update assumptions as required and in line with guidance updates.
  • Contribute to the ongoing development of the capital model in particular regarding the reserve risk and risk margin.
  • Provide reserving information for reporting requirements both internally and externally.
  • Complete ad hoc assignments, as needed.
QUALIFICATIONS
  • An undergraduate degree in a numerical/statistical discipline, or the equivalent.
  • Minimum 10 years of actuarial reserving experience.
  • Qualified actuary
  • Reinsurance experience desirable.
  • Excellent written and verbal communication skills.
  • Superior organizational and analytical skills and ability to execute under tight deadlines.
  • Strong knowledge of MS Excel.
  • Knowledge of VBA and SQL is desirable.