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Senior Actuarial Manager

Posted 14 days ago

  • London, Greater London
  • Any
  • External
  • Expired - 2 months ago
Job DescriptionSenior Actuarial ManagerAsta is the first-choice strategic partner for underwriting entrepreneurs or established insurers seeking access to the Lloyd’s market. We provide bespoke solutions that enable clients to enter Lloyd’s, combined with a flexible range of services that support them as they grow.At the heart of our business is Asta Managing Agency, the leading third-party managing agent at Lloyd’s.Main purpose of job:To accurately deliver all allocated deliverables, across multiple syndicates, including robust and well documented capital models; efficient quarterly reserving exercises; and allocated project work.Build strong working relationships with allocated SyndicatesPropose enhancements and changes to both technical actuarial approaches and department processes to the (Deputy) Chief Actuary. Once approved implement accurately and efficiently.Maintain an awareness of budgets and comparative time spent to ensure projects run to budget or are escalated early.Develop and mentor more junior members of the actuarial teamKey tasks: Deliver syndicate capital models which are built and parameterised appropriately. Specify and deliver an appropriate validation process on allocated syndicate capital models Review Solvency II Technical Provisions and Standard Formulas for allocated syndicates ready for submission (after (Deputy)CA sign-off). Provide technical oversight to Actuarial project work as required Interact with Syndicates and other Asta departments to deliver wider syndicate returns(e.g. Finance, UW Management) Develop an understanding of the risks and controls relevant to the actuarial function, operate within the prescribed procedures and guidelines and report / discuss issues with my line manager.Key personal skills requiredHigh level of accuracy and attention to detailSelf-motivated with a proactive approach to all issues affecting the department.Good organisational skills with the ability to adapt to changing priorities and manage multiple deadlinesAbility to work collaboratively within a team and across the businessGood written and verbal communication skillsKey technical skills, knowledge and professional qualifications required5+ years of post qualification experienceQualified ActuaryExperience in actuarial capital modelling and reservingExcellent IT skills
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