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Reserving Actuary – 27441

Posted 24 days ago

  • London, Greater London
  • Any
  • External
  • Expires In 2 months
The purpose of the role is reserving of legacy portfolios and supporting pricing and due diligence of prospective legacy transactions.Location: London/WFHCategory: Non-LifeType: PermanentKey duties (including, but not limited to):Ownership of the reserving of individual portfolios, including setting up and reviewing reserving models and dashboards for monitoring experienceWritten and verbal communication of reserving results, including at Group Reserving CommitteeContinuous improvement of the reserving process for individual portfolios and entitiesSupport of the pricing and actuarial due diligence of new deals, including assessing the quality of data, setting up models, assessing ranges of reserve ultimate’s and assessing opportunities and risksWritten and verbal communication of results of pricing analysis, including to the internal committee for Transaction approval, which includes Group Executives, shareholders and independent Board membersSupporting the transition of successful transactions into the regular reserving cycleQualified or part-qualified actuary in the non-life insurance market with strong non-life reserving experienceStrong academic background and progress with actuarial exams (if not already qualified)Broad class of business knowledgeHighly quantitative background (see Education requirements) and strong IT skills, with a demonstrated experience of working with large volumes of data
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