Head of Reserving

Join a global leader in the Reinsurance sector as they search for a talented Head of Reserving to lead their actuarial team! Reporting to the CFO, you'll play a vital role in shaping the company's financial future.

You will need to have experience in Reinsurance, as well as P&C and Life. 80% of the role is P&C, 20% Life.

Key Responsibilities:

• Lead quarterly reviews of premium, loss, and expense reserves for all P&C lines.
• Oversee quarterly valuation of the L&H business.
• Fulfill statutory roles, ensuring compliance with actuarial reporting and valuation requirements.
• Lead IFRS 17 closing from reserving and collaborate with Finance on bridge analysis.
• Act as a key person in-house for quantitative analyses related to reserving and solvency.
• Present quarterly reserve analyses to senior management and stakeholders.
• Collaborate with external consultants for independent analysis of reserves.
• Continuously enhance the reserve process and provide suggestions for improvement.
• Contribute to planning and controlling processes, reflecting insights from reserving exercises.

Requirements:

• Experience with reinsurance knowledge and M&A experience.
• Fellowship in a professional actuarial society (e.g., FIA, FIAA, or FCAS).
• Detailed technical knowledge of reserving and related areas.
• Good command of IFRS 4 and IFRS 17.
• Strong interpersonal skills and ability to work independently.
• Fluent in written and spoken English.
• P&C and Life experience 

Company Culture:

• Emphasis on teamwork and collaboration across functions.
• Supportive of corporate vision, strategy, and mission.
• Adaptability to efficient company practices and limited resources.
• Encourages transparent communication and result-oriented culture.

Personal Attributes:

• Strong work ethic and business focus.
• Excellent problem-solving and communication skills.
• Ability to work under pressure and deadlines.
• Client-oriented and proactive approach.
• Detail-oriented and highly organized.

Performance Measures:

• Enhancement of reserving and capital tools and processes.
• Successful sign-off of reserves from management, external actuaries, and auditors.
• Efficient communication and collaboration with underwriters and stakeholders.
• Completion of projects on time and to agreed deadlines.

Interactions:

• Finance, Claims, Analytics, Underwriting, Markets, Risk Management, L&H, Investment, M&A.