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    Senior Reserving Manager London - GMA Consulting

    GMA Consulting
    GMA Consulting London, United Kingdom

    5 days ago

    Default job background
    Full time Insurance
    Description
    Senior Reserving Manager Insurance - London

    Hybrid working environment
    Excellent career opportunities and benefits package.

    THE COMPANY
    The company is a leader in its field and is an Insurance business with an excellent reputation both in the UK and abroad.

    THE ROLE:
    This role will be joining the Risk & Compliance team as the technical subject matter expert for reserving. You'll lead the delivery of the Actuarial Function's independent opinion on IFRS17 and Solvency UK reserves, and the 2nd line oversight of reserving and claims indemnity risks, supporting this Insurance business in making key business decisions to achieve financial targets.

    What you'll be doing:
    • Lead the independent calculation of IFRS17 reserves across Retail and Commercial lines of business.
    • Keep up to date with changes in the internal and external environment impacting reserves.
    • Lead the 2nd line oversight of reserving and claims indemnity risks.
    • Liaise with senior stakeholders including representing the Actuarial Function at Committees relating to claims and reserving.
    • Produce the reserving reports for the Executive Committees and Board and contribute to the annual Actuarial Function report, the ORSA and SFCR.
    • Ensure compliance with the Business Insurance Reserving policies.
    • Motivate and develop team members by providing ongoing support and development.
    What we're looking for:
    • Qualified actuary with post-qualification experience, or equivalent.
    • Significant reserving experience in general insurance.
    • Experience of risk management desirable.
    • Experience of managing key stakeholders and leading a team.
    • Excellent written and verbal communication skills – able to interact with Executives, senior management, and regulators.
    • Substantial industry knowledge and understanding of the regulatory framework.
    • Analytical problem solving skills.
    As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
    This is an excellent opportunity to build your career with a dynamic and successful business
    Contact me for more info


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