The purpose of the role is reserving of legacy portfolios and supporting pricing and due diligence of prospective legacy transactions.

Overview

Key duties (including, but not limited to):

  • Ownership of the reserving of individual portfolios, including setting up and reviewing reserving models and dashboards for monitoring experience
  • Written and verbal communication of reserving results, including at Group Reserving Committee
  • Continuous improvement of the reserving process for individual portfolios and entities
  • Support of the pricing and actuarial due diligence of new deals, including assessing the quality of data, setting up models, assessing ranges of reserve ultimate‚Äôs and assessing opportunities and risks
  • Written and verbal communication of results of pricing analysis, including to the internal committee for Transaction approval, which includes Group Executives, shareholders and independent Board members
  • Supporting the transition of successful transactions into the regular reserving cycle

Qualifications required:

  • Qualified or part-qualified actuary in the non-life insurance market with strong non-life reserving experience
  • Strong academic background and progress with actuarial exams (if not already qualified)

Experience required:

  • Broad class of business knowledge
  • Highly quantitative background (see Education requirements) and strong IT skills, with a demonstrated experience of working with large volumes of data
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  • Job Type: Experienced Job
  • Area of Specialism: General Insurance
  • Experience Level: Senior Qualified
  • Job Reference: 27441
  • Location: London/WFH
  • Contract Type: Permanent
  • Employment Type: Full Time
  • Start Date: Immediate
  • Date Posted: 02 Apr 2024
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