Reserving Analyst |Specialist (Re)insurance company | £30-45,000 + Benefits

Reserving Analyst |Specialist (Re)insurance company | £30-45,000 + Benefits 

The Role: 

Through involvement in BAU Reserving Analysis as well as Specialised Project-Based work, a Specialist Insurance and Reinsurance company is looking to add a dynamic individual with strategic talents and Reserving knowledge to their Actuarial team and to the business. You will be a significant member of the team, contributing and adding value, and reporting to the Reserving Managers in this London-based position. 

This is an excellent opportunity for somebody that obtains a creative, proactive, and inventive mindset that does not accept the status quo with the demonstrated ability to develop great partnerships and good knowledge of coding programs such as VBA and/or SQL, looking to take the next step in their career. 

What you will do: 

• To meet the appropriate supervisory authorities' guidelines, principles, rules, and regulations. 
• Assist in the development of appropriate actuarial reserving estimates of appropriate levels of IBNR, as well as uncertainty analysis around the central estimate. This includes interpreting and communicating appropriate analysis recommendations. 
• Assist with the maintenance and improvement of existing actuarial and statistical models, as well as the research, development, and implementation of new actuarial and statistical models. 
• Development and implementation of an internal reserving process based on YOA, GAAP, and Solvency II. 
• Assist with results reporting to Group level. 
• Development and communication of relevant management information. 
• Assist in the management of external auditors and actuaries' relationships and communication flows. 
• Assist in the production of analysis in order to support ad-hoc projects. This includes interpreting and communicating appropriate analysis recommendations. 
• Trend analysis of claims to forecast future outcomes 

What you need to have: 

• 2+ years' experience in the general insurance industry 
• Microsoft Excel expert with a firm grasp of (VBA) and/or SQL 
• Experience with the reserving software ResQ is desired. 
• Passion for showing skill and knowledge to Actuarial functions