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This exciting new role follows a period of sustained growth and multiple acquisitions work and will be part of the overall group capital and reserving team. Reporting to the Group Chief Capital Actuary, the role is supposed to help implement local reserving processes and lead most of the standard quarterly reserving work and support capital work where appropriate.


Key duties (including, but not limited to):

  • Support the development of the reserving strategy
  • Liaise and work closely with external partners on a continuous basis
  • Making sure MFSA’s, Lloyd’s and other regulatory reserving requirements are met and high quality reporting is delivered
  • Support the quantitative capital model unit where feasible and appropriate
  • Embed the use of the internal model in accordance with the use-test requirements
  • Liaise with all internal stakeholders including local modelling teams, board members. Regularly providing relevant training
  • Liaise with the claims team, the MFSA, Lloyd’s, the PRA, audit teams and other relevant bodies as appropriate
  • Appropriately contribute to meetings of committees/boards which may be required to be attended
  • Maintain an appropriate level of continued professional development

Qualifications required:

  • Part qualified actuary with a recognised actuarial body

Experience required:

  • Sound knowledge of actuarial reserving methodologies and approaches
  • Knowledge in the capital modelling space or Tyche is an advantage
  • Advanced user of Microsoft VBA, R or any other relevant programming language
  • Proven analytical problem-solving experience and delivery of results orientated solutions
  • Excellent communication skills
  • Job Type: Experienced Job
  • Area of Specialism: General Insurance
  • Experience Level: Nearly Qualified (11+ exams)
  • Job Reference: 27303
  • Location: London/Guernsey/Malta
  • Contract Type: Permanent
  • Employment Type: Full Time
  • Start Date: Immediate
  • Date Posted: 19 Jan 2024
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