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    Reserving Actuary - London, United Kingdom - The Emerald Group Ltd, Search and Selection

    The Emerald Group Ltd, Search and Selection
    The Emerald Group Ltd, Search and Selection London, United Kingdom

    1 week ago

    Default job background
    Full time
    Description

    Job Description

    The Reserving Actuary is responsible for providing support to the International Reserving function and technical provision reporting to provide support on ad-hoc projects to senior members of the International & Group actuarial function.

    Key Accountabilities

    • Assessment of gross and net reserves by class of business and take responsibility for reserving classes grouped into particular divisions.
    • Performance of reserving analysis and assist in 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/claims 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.

    Role Requirements: Skills/Competencies

    • Excellent interpersonal/communication skills and committed individual/team work ethic
    • Advanced Excel and SQL 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

    Role Requirements: Technical Skills & Experience

    • Experienced within General Insurance, specifically in reserving and/or Technical Provision reporting. Lloyd's reserving experience is desirable and would be an advantage.
    • SQL experience would be a strong advantage and knowledge of reserving software is essential.
    • Knowledge of data warehouse systems where premium, claims and ultimate's are allocated down to policy level is desirable but not necessary.
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