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The role will be responsible for Syndicate Underwriting Year (UY) Reserving to Lloyd’s and to the UK Reserves Committees and Boards.


Key duties (including, but not limited to):

  •  The valuation is completed twice a year following quarter 1 (Q2 valuation) and quarter 3 (Q4 valuation)
  • Perform Actual vs Expected analysis and adjusted Actual vs Expected analysis
  • Deliver quarterly performance analysis which includes consideration of large loss and catastrophe activity along with emerging experience in respect of attritional losses
  • Actively participate in the setting of the budget loss ratio (SBF) for the Syndicates including, but not limited to, the evaluation of underwriting strategies, business mix, loss inflation and exposure trend analysis as well as rate change assessment with discussions with Underwriting, Claims, Ceded, Risk Management and Pricing
  • Regular evaluation of ongoing profitability feeding into Budget considerations and to support portfolio management and strategy
  • Support the multiple opinion review process including review of alternative actuarial opinions

Experience required:

Expected to have significant relevant experience within the non-life insurance Industry

  • Job Type: Experienced Job
  • Experience Level: Senior Qualified
  • Job Reference: 27159
  • Location: London
  • Contract Type: Permanent
  • Employment Type: Full Time
  • Start Date: Immediate
  • Date Posted: 15 Nov 2023
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