Continue to build commerciality within the reserving team, whilst following prudent principles when assessing reserves, developing and enhancing the reserving process for efficiency and improved reporting and ensuring compliance with regulatory and statutory reporting including new IFRS 17 accounting standard.
Overview
Responsibilities:
- Being a technical champion, ensuring functional and reusable process is used to speed up and automate actuarial process and analytics
- Ongoing continuous improvement and embed commerciality within actuarial team
- Identify emerging trends, through partnering with stakeholders, understanding business problems and making strategic recommendations
- Manage and report on the monthly reserving process
- Maintain and understand financial claims data pipelines critical for actuarial process including performing regular reconciliations to validate accuracy of data and reporting
- Develop tactical and strategic analysis to answer key business questions
- Contribute to both the yearly independent actuarial review and external audit processes across IFRS 4 and 17
Qualifications required:
- Qualified Actuary (FIA/FFA) or qualified by experience (6+ years)
- Bachelor/Masters in actuarial science, mathematics, statistics, or related discipline
Experience required:
- UK personal lines insurance experience ideally with a background in motor
- Strong numerical and statistical capabilities
- Comfortable communicating with stakeholders of all levels to C-suite