Reserving Actuarial Analyst -- City of London
- Recruiter
- High Finance (UK) Limited
- Location
- England, London
- Salary
- £55000 - £65000 per annum + Bonus, pension, negotiable
- Posted
- 17 Aug 2022
- Closes
- 24 Aug 2022
- Ref
- 0170082022
- Contact
- Victoria Phoenix
- Job Title
- Finance Analyst
- Experience Levels
- Part Qualified
- Contract Type
- Permanent
- Hours
- Full Time
New Role: Reserving Actuarial Analyst GI
Speciality Insurer - City of London
£55,000 - £65,000
A world leading international speciality insurer is currently seeking a reserving analyst to join their well-established team.
The role focuses on providing support across the Reserving team. You will work across multiple lines of business and assist with the delivery of quarterly reserving process, across multiple divisions. The successful candidate will work alongside and report to the Senior Actuary.
The successful candidate will provide analytical support to the actuarial function, supporting catastrophe analysis and work alongside the finance team on P&L impact. You will also be responsible for quarterly reserving analyses. You will assist in the production and analysis of specific project based work.
It is essential that you have at least 18 months of experience as an actuarial analyst in life, pensions, general insurance or a speciality (re)insurer. Excel experience is essential. Any experience in Python, SQL or VBA would be desirable. The ideal candidate would have a desire to further their professional development by undertaking professional qualifications (a competitive study package is offered).
A number of duties include:
- Quarterly reserving for multiple lines of business.
- Communicating analysis with a vast array stakeholders of the business from Underwriters to finance.
- Exposure to Solvency II and IFRS 17.
- Managing conflicting demands from stakeholders and building relationships.
- A proactive approach to streamlining complex actuarial problems.
- Input to and assist with Loss Ratio planning processes.
- Assisting the reserving team in statutory reporting requirements for both Lloyd's and the PRA.
From you they are looking for:
- Mathematics/Science-based degree or equivalent.
- Any progression through the Actuarial exams
- An excellent problem solving and analytical mind.
- Previous experience in Reserving is a preference.
- A consultancy background with reserving would be very valuable.
- Excellent ability to simplify key information and present it to stakeholders.
- Additional languages is preferable