Corporate Reinsurance Reserving Actuary

Location
London
Salary
Negotiable
Posted
21 May 2021
Closes
20 Jun 2021
Ref
SPRI504
Contact
Sophie Price
Contract Type
Permanent

Their group actuarial reserving team is seeking a recently qualified actuary for a senior role within their reinsurance arm. This role will make up the third senior position in the team, with 3 in house analysts and further outsourced support for the technical reserving work. We're seeking a candidate who can take that next step with delivering the results, communicating them to internal stakeholders and take initative with steering/training the analysts on the team where appropriate.

The role

To provide statistical analysis and analytical support and assist with the delivery of the Reinsurance Actuarial Reserving Team's objectives.

Key accountabilities

  • To support the quarterly reserving exercise, including:
    • Developing an understanding of relevant data sources and systems
    • Completing quarterly reserving exercise for assigned lines of business
    • Presenting findings where appropriate
    • Help improve the reserving process
    • Answering queries from key stakeholders on reserving results.
  • To analyse and report to more senior actuaries on reserving issues, claims trends and key risks and uncertainties
  • To support quarterly and year end reporting for reserving
  • To support the business planning process, as required
  • To assist Risk Management and Capital Modelling by supplying appropriate information
  • To actively engage with the Actuarial Pricing team and promote cross-discipline knowledge sharing and consistency

Skills & experience

  • Completion and attainment of an honours degree, ideally with mathematical content
  • Recently Qualified Actuary in the UK, US or Europe
  • London market reserving experience, reinsurance reserving would be advantageous