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Non-Life Reserving Actuary (Senior Student)

Employer
About Recruitment
Location
Dublin
Salary
Competitive
Closing date
20 Oct 2019
Reference
GENIN20

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Job Details

Our Global client, Dublin based, has one of the largest non-life balance sheets in Dublin

Your Responsibilities would include:

  • Supporting the Underwriting Unit Reserves Actuary to actively participate in the setting of the budget loss ratio for various segments of the businesses and for the underlying portfolios including evaluation of their underwriting strategies. 
  • Supporting the Underwriting Unit Reserves Actuary to enable them to 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.  
  • Supporting 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. 
  • Supporting the Underwriting Unit Reserves Actuary in their responsibilities to the individual Legal Entity’s Actuaries to rationalize, document and present their results at these different levels.  
  • The role will include support for reporting of results to finance and 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.   

Abilities and skills:

  • Planning & Organisation.
  • Strong Communication. 
  • Business Partnering. 
  • Strategic Thinking and Tactical Implementation: Ability to invent, design and build solutions to support the Underwriting Unit Reserves Actuary. 

Actuarial Experience:

  • A number of years’ relevant experience in the non-life Industry, with a preference for detailed technical knowledge of reserving and related areas.
  • Knowledge of ResQ software and excel add-in would be an advantage.
  • Knowledge of Solvency II regulations and developments will also be expected.  

Company

About Recruitment was founded in 2017 by Ger Bradley, Actuary to provide high quality personalised recruitment services to the Irish actuarial market.  We specialise in Life Assurance and General Insurance in the Irish Market., but occasionally also dabble in pensions and data science. If you are looking for your next move, please contact us in total confidence at the email address or phone number provided below. Or if you know a colleague who is looking, please feel free to use our refer a friend scheme, where you can earn up to €1,500 for a successful referral, subject to some fair terms and conditions (see website).

Ger has over 30 years' experience practising as an actuary, underwriter, data scientist and risk consultant in both Irish and international insurance markets. He has worked in life and general, domestic and reinsurance, the company market and consultancy. He operated at all levels over his career, from student life actuary, to underwriting director, to head of the non-life arm of a large Irish Actuarial consultancy. He was also very active in the Irish Society of Actuaries, and among other things, had the honour of serving two terms on Council, as well as chair of the general insurance committee. 

As a result, Ger has gained a unique insight into what both employers and actuarial, data scientists and risk professionals are seeking from each other. He has very extensive and trusted contacts both in companies and in the actuarial, data analytics and risk communities. 

If you are looking for the right fit for your organisation, or that next move on your path to achieving your career goals, please feel free to contact Ger (in complete confidence) by email at ger@about-recruitment.ie or phone (+00353866019377).

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