Head of Actuarial Projects - London, United Kingdom - Zurich Insurance

Zurich Insurance

Verified Company

London, United Kingdom

2 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Part time

Description

Location:
London

The opportunity:

An excellent opportunity has arisen in a newly created role to lead a team responsible for actuarial projects (within the P&C Actuarial team) with responsibility for actuarial projects, performing bespoke reserving exercises and delivering analytics across the UK portfolio, while helping to communicate the financial risk and its consequences, all of which are fundamentally important to our business.

The role holder will also get an opportunity to partake in regulatory reporting and insights such as assist in production of actuarial function report.

You will work closely with our UK Reserving teams - Retail, Zurich Municipal, Commercial and Planning & Reporting - to understand and derive insights impacting the UK-wide results, identifying trends and bringing insights to senior stakeholders from the wider business, with whom you will gain exposure on a regular basis.

Using strong analytical and mathematical skills, you'll work alongside some of our most talented actuaries.

You'll also liaise with other areas of the business, including Finance, Underwriting, Pricing and Capital, to develop a broad understanding of the business and promote process change that will result in a real difference.

Take lead and ownership of various actuarial projects, you will be in a unique position to help shape future processes and the operating model of the team along with interactions with regional and group teams, with exposure to senior stakeholders and with support from a number of people committed to the projects from within the team and spread throughout the UK Actuarial Reserving and other departments.

Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours.

This is because we want the best people for our roles, and we recognise that sometimes those people aren't available full-time.

Please talk to us at interview about the flexibility you may need.

What will you be doing?

Lead a team in providing actuarial services to the UK Chief Actuary P&C, Heads of Reserving and other business partners, including insights into underlying performance and business implications on topics with a moderate to high level of complexity
Responsible for leading Actuarial projects which will encompass analytics
Strong collaboration with Actuarial Data and Systems team to help deliver improvements to the actuarial department
Liaise regularly with the Heads of Reserving and their teams to provide support with the reviewing, reporting and communication of results on an IFRS and Solvency II basis each quarter
Lead in the delivery of new analyses and insights to develop a deep understanding of the UK P&C business model, its underwriting strategy and its interactions with customers
Support and advise Finance, marketfacing business units, and other functions on reserving and strategic business decisions
Clearly highlight, document and explain any assumptions made
Assist in production of the Actuarial Function Report
Deliver specific portfolio reserving analyses and deep dives to aid senior management decision making
Assist with the production of and discussions relating to the strategic business plan
Drive continuous improvement in all pieces of work conducted
Support the UK Chief Actuary P&C in regulatory delivery and engagement.
Provide technical advice, counsel, coaching and mentoring within the Projects and wider Finance and Actuarial Reserving teams as appropriate

What are we looking for?

Significant relevant general insurance experience (e.g. reserving, regulatory reporting, Solvency II, data analytics, business planning, pricing, capital, finance bookings or auditing)
A qualified Actuary, though partqualified actuaries or other relevant qualification could be considered
A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy
Passionate about driving insight and process improvement
Experience in leading others, as well as managing and coaching trainee actuaries
Professional, enthusiastic and positive attitude
Excellent teamworking, stakeholder management, communication and interpersonal skills are also required
Able to cope with change, manage and meet deadlines and work under pressure
Able to use a creative, openminded and proactive approach

What happens next?

Who we are:

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer.

Together we're creating a brighter future for our customers, our people and our planet.

With over 55,000 employees in more than 170 countries, you'll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We've made a promise to each other and every employee; to focus