The role will primarily comprise of carrying out the quarterly reserving and subsequent financial reporting and developing the analytical and reporting capabilities of the actuarial function
Overview
Key duties (including, but not limited to):
- Perform the quarterly reserving for lines of business written by Syndicate 4242 and SPA 1416
- Development Reserving MI that can be used across the business to understand key trends
- Assess performance and highlight areas of concern and potential areas of remediation
- Calculate, review and communicate reserve uncertainty/ranges
- Review both gross and ceded data and controls to ensure data used in reserving is robust
Qualifications required:
- Qualified actuary
- Bachelor’s degree from a top UK university (or equivalent outside of the UK) is required in a quantitative subject, including but not limited to Mathematics, Computer Science, Economics, Finance, Physics, or Engineering
Experience required
- Significant experience in reserving and reporting, including across a number of (re)insurance lines
- Understanding of actuarial techniques, modelling and validation processes; London market knowledge required
- High proficiency in Microsoft Excel is required
- Proficiency in SQL, Python, R, Power BI, and/or VBA advantageous