As the Head of Reserving & Capital within the Insurance Analytics team, you will be responsible for understanding claim trends, developments and inflation and leading the analysis, evaluation and reporting of insurance liabilities under IFRS 4 and 17 and Solvency II and wider solvency reporting.
Overview
Key duties (including, but not limited to):
- Being a technical champion, ensuring appropriate methodologies and assumptions are applied to business problems and that results are interpretable and explainable to non-technical business partners
- Driving innovation and efficiency and continuous improvement
- Managing the monthly reserving processes, including results reporting and commercial analysis of trends and inflation
- Embed commerciality within the actuarial team and drive continuous improvement
- Identify emerging claims trends, through partnering with stakeholders, understanding business problems and making strategic recommendations
- Driving accurate and efficient output across all 3 pillars of Solvency II requirements (quarterly and annual quantitative reporting templates, ORSA, SFCR, RSR, Actuarial Function Report (AFR) and Opinions)
Qualifications required:
- Qualified Actuary or qualified by experience (10+ years)
- BSc/MSc in actuarial science, mathematics, statistics, or related discipline
Experience required:
- UK personal lines insurance (Motor & Home)
- Strong numerical and statistical capabilities
- Excellent verbal and written communication skills, comfortable communicating with stakeholders of all levels