Leading specialist insurer has an exciting opportunity for a part-qualified or qualified GI actuary to carry out the annual reserve review of the firm's outstanding claim liabilities as part of the overall year-end audit process, both at Group level as well as relevant subsidiaries/branches.
In this key role, you will be responsible for the quarterly preparation of technical provision valuations for the purpose of regulatory reporting such as Solvency II and overseas branch accounting, both at Group level and relevant subsidiaries/branches.
You will also ensure claims reserving data is maintained at a level of granularity appropriate for the conducting of detailed internal and external reserving reviews as and when required.
In addition, you will have the opportunity to develop practices to streamline the overall reserving process, retain current methodologies and (where where relevant) agree with the Chief Actuary adaptations to methods and assumptions for the purposes of year-end technical provision valuations.
The successful candidate will possess a comprehensive understanding of the prudential regulatory regime for UK insurers as well as developments of accountancy regimes, e.g. GAAPS versus IFRS. Our client needs to implement IFRS17 and as such knowledge and experience in this particular area will be key.
The ability to manage and analyse large-scale data sets is essential. Experience using SQL, SAS, SAP BusinessObjects, but particularly programming skills in Python or R and/or building reports in visualisation tools such as Power BI or Tableau, is strongly desired.
Predictive modelling skills in the field of Data Science is also beneficial.
A fantastic career opportunity.
Please contact us to discuss this vacancy or for an informal discussion regarding your career goals. We are very happy to perform bespoke research on your behalf.
Louis Manson, Managing Director
M : +44 (0)7595 023 983
T : +44 (0)20 7868 1900
E : firstname.lastname@example.org