Non-Life Reserving Actuary

• The candidate will actively participate in the setting of the budget loss ratio for various segments of the business and for the underlying portfolios including evaluation of their underwriting strategies.  They will opine on the profitability of the business through both the reserves review process and the Solvency II Technical Provisions process, and report to the business and the management of the company on these results and their implications for profitability at the business group and segment level.   

   

  The candidate will also support the business at the level of the different legal entities that the underwriters use with a clear understanding of the different nature of these portfolios. They will have responsibilities to the individual Legal Entity’s Actuaries to rationalize, document and present their results at these different levels.   

   

  The role will include reporting of results to finance and support the second opinion including review of external consultants.   

   

  The Actuarial Financial Reporting team in Dublin is supported by a team based in London and India and the candidate will work closely with the relevant members of that team.  The candidate will have involvements with the India actuarial team, the worldwide underwriting teams responsible for these businesses including their pricing actuaries, the claims team, the ceded re team and of course the finance team.   

   

  This role reports directly to the Head of Actuarial Function

   

Abilities and skills: 

• Planning & Organisation: An ability to manage multiple conflicting tasks and outputs.  Able to plan long term deliverables and ensure tasks are planned and completed accordingly and that any delays or complications are communicated early and resolved appropriately. 

   

  Strong Communication: Excellent verbal and written communication, collaboration and presentation skills. Must have the ability to communicate even negative or difficult messages in a constructive and effective manner at all levels. Relevant experience of presenting and communicating ultimate claims movements and trends to underwriters.  

   

  Business Partnering: Able to demonstrate an in-depth knowledge of the businesses responsible for, as well as translate actuarial output into business value, ensuring various customers are able to understand the practical implications of your analyses and how the information provided can help them to make appropriate business decisions.  

   

  Strategic Thinking and Tactical Implementation: Ability to invent, design and build solutions. 

   

Actuarial Experience: 

• Up to several years qualified actuary or very close to qualification of relevant experience within the non-life insurance Industry, with a significant focus on reserving. 

   

  Knowledge of ResQ software and excel add-in would be an advantage. 

   

  Knowledge of Solvency II regulations and developments is expected. 

   

  A track record which demonstrates development of leadership capabilities as well as the ability to ensure timely delivery under pressure is essential.