Reserving Actuary

  • 37952
  • Non-Life - Actuarial
  • |
  • England
  • |
  • Aug 11, 2020
Re/insurance
RESPONSIBILITIES
  • Assessment of gross and net reserves by class of business.
  • Performance of reserving analysis and managing SAO relationships.
  • Assessment of Technical Provisions under Solvency II or other local regulation.
  • Support preparation of documentation and returns for local regulatory bodies.
  • Preparation of reports for Quarterly Syndicate & Group functions and use of data warehouse.
  • Support of and liaising with pricing/underwriting teams on a regular basis.
  • Preparation of reserving information to inform management and support underwriting teams.
  • Assessment of the reserve risk parameters for reserve risk for the internal capital model.
  • Ad-hoc analysis of certain areas of the portfolio and provide support to the Group function.
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.
  • Good technical skills and ability to make objective decisions with clear rationale.
  • Making good progress to being FIA qualified.
  • Approximately 5 years General Insurance experience, with preferably 3 years specifically in reserving and/or Technical Provision reporting. Lloyd’s reserving experience is desirable but not necessary.
  • ResQ experience desirable but knowledge of equivalent reserving software essential.
  • VBA, Access and data warehouse systems experience desirable but not necessary.