Reserving Actuary / Analyst
- Star Actuarial Futures
- £ dependent upon experience
- Closing date
- 30 May 2023
- General insurance
- Contract Type
- Full Time
- Qualified, Nearly qual (11+ exams), Part qual (1-10 exams)
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 : email@example.com
Our objective is to become the actuarial recruitment firm of choice for clients and candidates in the UK and overseas.
Our honest approach to recruitment and our market expertise have delivered great results within the actuarial market and we are proud to work with a wide range of leading actuarial employers and candidates.
We provide our clients with the talent they need to realise their business strategy and to date have helped over 160 actuarial employers fill their vacancies. We want to work closely with our clients and our greatest success story to date is having made 50 placements with several clients.
We are experienced in filling vacancies from graduate to Chief Actuary level with permanent packages ranging from £20,000 p.a. to over £300,000 p.a. Our clients include Asset Managers, Insurers, Mutuals, Consultancies, Banks, Brokers and Syndicates.
Our consultants are based throughout the UK, recruit for permanent and interim positions in all sectors of the actuarial market in the UK and overseas and offer a consultancy service on a contingency, retained or search basis.
We continually strive to be the best in the market and with that in mind we only employ high quality recruitment consultants or actuaries directly from industry. Our consultants have over 65 years' experience in technical actuarial roles across insurance, pensions, investment and healthcare. As a result, our understanding of the actuarial market and of actuarial vacancies is based on first-hand experience, industry leading connections and up-to-date market knowledge.
To maintain our knowledge, credibility and visibility, we regularly attend and sponsor and sometimes host industry networking events. For example:
- Our consultants attend the Actuarial Profession's GIRO, Life, Pensions and Momentum Conferences
- Antony Buxton FIA, Managing Director, is a member of the London Market Actuaries Group
- Lance Randles MBA, Associate Director, is co-founder and Treasurer of the Southern African Actuarial ConneXion (SAAX)
- Irene Paterson FFA, Partner, is a member of the Worshipful Company of Actuaries, the first lady to chair the Scottish Actuaries Club, a member of Scottish Independent Actuaries and has represented the Institute and Faculty of Actuaries on the Pension Committee of the Groupe Consultatif as well as the International Actuarial Association
- In a short space of time, we have built strong relationships with both clients and candidates, based on high quality service, trusted advice and excellent results.
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New London House
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