Overview

Reserving Tower Lead (Specialty)

Permanent

Our client is looking to hire a Reserving Tower Lead in Specialty to join their London based office on a Permanent basis.

Ref: 49500

  • Location: London
  • Category: Non-life Actuarial
  • Type: Permanent

Overview

Key Duties:

  • The actuarial Reserving product lead will lead the actuarial reserving on a product tower for UK and European markets, providing quarterly recommendations on ultimate reserves positions, IBNR and reserves uncertainty
  • The role holder will take a leading role in the liaison with the claims team around impact of initiatives, and specific IBNR areas (e.g. CAT, financial crisis) for Casualty
  • They will assist in the production of key reserving results and analytics to take key stakeholders (internal and external to actuarial) through the results
  • Working with reinsurance to ensure ongoing understanding of outwards RI changes impacting their lines of business
  • Lead the budget loss ratio setting process for their lines of business
  • Train and supervise junior staff
  • Support continuous improvement to key processes

Planning:

  • Assist in the production of Legal Entity and production office Loss Ratios

Capital Model Calibration and SII:

  • Involvement in the capital model calibration process and support in other key SII activities

 

Other Skills:

  • Ability to communicate to variety senior stakeholders within the business
  • Ability to forge relationships with other areas of the business
  • Ability to work under own initiative, be proactive and show flexibility to meet business needs
  • Ability to meet tight deadlines and prioritise own work
  • Professional behaviour with high level of integrity

Qualifications required:

  • Qualified member of an Actuarial Institute

Experience required:

  • 8+ years in commercial lines preferred
  • Proven proficiency in actuarial concepts/methodologies
  • Proficiency in reserving software e.g. ResQ
  • Knowledge of SAS and VBA advantageous

Consultant

Michael Doherty

Associate Director – General Insurance

T: +44 (0)203 867 9863

Email me

Apply

Upload CV

We accept PDF or Word format, 2mb max.

You may be interested in