Reserving Actuary

  • 37984
  • Non-Life - Actuarial
  • |
  • England
  • |
  • Aug 17, 2020
Insurance
RESPONSIBILITIES
  • Assist with the future development of the Actuarial function, technical provisions under Solvency II, and any associated business development work.
  • Contribute to projects relating to the capital modelling and risk management functions.
  • Provide actuarial and risk management expertise to the business.
  • Review underwriting data and statistics for the purpose of reserving and business planning.
  • Review and challenge actuarial reserving for the company’s third-party syndicates.
  • Assist in testing and embedding a new reserving platform.
  • Lead company’s Covid-19 reserving process.
  • Lead various other projects within the reserving and actuarial teams.
  • Support reserving assumption reviews for other syndicates where necessary.
QUALIFICATIONS
  • Nearly/newly qualified to the assistant manager or senior reserving analyst level.
  • Solid reserving knowledge and experience.
  • Good understanding of Solvency II technical provisions, calculations and reporting
  • Excellent verbal and written communication skills.
  • Expert user of Microsoft Excel with good ability to use Visual Basic for Applications and/or SQL.
  • Expert user of other Microsoft software including Word, Power point and Access.
  • Experience with reserving software ResQ is a plus.
  • Desirable:
  • Lloyd’s’ market experience is preferred.
  • A creative, proactive and innovative mindset that does not accept the status quo.
  • Credible across the business with the proven ability to build strong relationships.