Reserving Actuary

  • 37951
  • Non-Life - Actuarial
  • |
  • England
  • |
  • Aug 11, 2020
Re/insurance
RESPONSIBILITIES
  • Being part of the interaction with the Reinsurance Segment Underwriting, Claims, Ceded Re and Finance groups to discuss/communicate reserve related items.
  • Assisting and Preparing assessment of Gross and Net reserves for the Reinsurance Segment.
  • Continued improvement of data, processes and reports to increase the efficiency of the close process and associated reporting.
  • Assisting calculation of Technical Provisions to meet Solvency II reporting requirements.
  • Support management of SAO relationships by preparing and providing information to outside consultants.
  • Other miscellaneous items associated with reserving for the Reinsurance segment.
  • Support the ongoing Reserving Project to develop one efficient reserving process for the Reinsurance Segment.
QUALIFICATIONS
  • Excellent interpersonal/communication skills and committed individual/team work ethic.
  • Advanced Excel skills.
  • Good team player and ability to motivate others.
  • Ownership of delivery quality and take accountability for own work.
  • Project management experience of dealing with multi-disciplinary teams.
  • Preferably FIA newly qualified or part qualified.
  • Approximately 7 years General Insurance experience, with preferably 5 years specifically in reserving and/or Technical Provision reporting. Lloyd’s reserving experience is desirable but not necessary.
  • VBA, Access and data warehouse systems experience desirable but not necessary.