UK & European Reserving Actuary

Location
London (Greater)
Salary
Up to £110,000 plus extensive list of benefits
Posted
18 May 2021
Closes
17 Jun 2021
Contract Type
Permanent
Hours
Full Time

The Europe reserving team have responsibility for reserving across all classes of Europe legal entity business, including Casualty, Property, Financial Lines, Tech Risks, Political Risks, Marine and Personal Lines. This includes communication with colleagues in the reserving process such as Underwriting and Claims etc.

The role involves being a key member of the Reserving team of five people and acting as a support to the Senior Reserving Manager.

  • Responsibility for reserving across all classes of Europe legal entity business, including Casualty, Property, Financial Lines, Tech Risks, Political Risks, Marine, Personal Lines and A&H
  • Responsibility for communication with stakeholders in the reserving process
  • Supports the Solvency II Technical Provision and Reserve Risk processes
  • Direct management responsibility for at least one person

The role involves a high level of team working, as well as the ability to manage conflicting demands on time as work may be required for a number of different stakeholders.  The role involves responsibility for managing and developing relationships with senior members of the underwriting, claims and finance functions.

The role holder will be expected to take strong personal ownership for the responsibilities of the role and to demonstrate an ability to develop appropriate solutions to complex actuarial problems.

Over time, the role holder will be expected to deputise in all aspects of the reserving process, business communication and team management.

A Qualified Actuary with a minimum of 5 years Non-life insurance experience is essential, ideally in a Retail/Personal Lines context. Experience of managing more junior members of the team/direct reports including allocation of workloads, ensuring objectives are met to the required standard of quality and within required timescales and completion of individual performance management process.

 

To discuss this role please submit your CV or contact Ashley Beatens at Fairbank Partners on 07834 551 325. Fairbank Partners has access to a wide range of actuarial jobs and acts as an employment agency.

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