Reserving Actuary

Company:  DiverseJobsMatter
Location: London
Closing Date: 20/10/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job DescriptionReserving ActuaryLondon or LeedsPermanent (Hybrid)Our purpose is to enable a more resilient future.We are an international insurer and reinsurer with a local presence in 27 countries.The opportunityWe're looking for a Reserving Actuary to join our Actuarial Reserving team responsible for products across UK & Europe on a full time, permanent basis.Your new roleReporting to our Senior Reserving Manager, you'll provide actuarial advice to the relevant business units, developing relationships with key stakeholders and ensuring technical quality of work undertaken.You'll deliver quarterly reserving advice, input into business planning, reserve variability and business partnering to undertake deep dives into relevant segments of the portfolio, supporting Actuarial Manager as required.Other responsibilities:Perform the forecasting of technical provisions, reserve margins and reserve uncertainties to support business analysis/MI for reports and accounts, business planning, profitability studies and commutations.Support senior team members in working through complexity and explaining key assumptions to stakeholdersDevelop and coach student actuariesHave ability to supervise a small team, allocating responsibilities and managing priorities - providing performance feedback to team and professional guidance to junior team membersIdentify areas for continuous improvement, drives toward efficiencies in process, challenges the status quoManage and monitor Actuarial process, where applicable, to ensure their continued delivery and improvement to meetEnsure appropriate checks are performed within processes to minimise inaccuracies, both on their own work and the review of othersUse and assist with the development of appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced. This is to include adopting efficient and consistent actuarial models and process and / or technologies where appropriatePlan and execute existing projects with multiple components with minimal directionManages own workflow and works largely independently, escalating for support when neededBuild relationships with internal and external stakeholders to improve customer focusUnderstand developments in wider Actuarial community to stay abreast of current developmentKeep bigger picture in mind, with ability to think through longer term implications and contribute to team strategic planningUnderstands impact of regulatory environment on technical workAbout youYou'll have an experience of working within the actuarial function in a multinational financial services business, ideally within GI. You'll understand industry best practice in actuarial analysis, modelling and underwriting, and risk and compliance issues.Skills you'll need:Experience in discussions with wider business and stakeholder management skillsExperience in the use and interpretation of numerical dataExperience in Excel and other analytical tools. Ability to develop sophisticated models to address business needsAbility to question established processes and suggest improvementsExperience working in an agile manner, responsive to stakeholder requirementsInfluencing and collaboration skillsOrganisational skills
Apply Now
Share this job
DiverseJobsMatter
  • Similar Jobs

  • Director (Reserving Manager)

    London
    View Job
  • Fully Remote Capital Actuary

    London
    View Job
  • Actuary - Finance Reporting (BPA)

    London
    View Job
  • Reserving Actuary

    London
    View Job
  • Senior Reserving Analyst/Actuary (Reinsurance)

    London
    View Job
An error has occurred. This application may no longer respond until reloaded. Reload 🗙