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Reserving Manager, Personal Lines

Employer
Fairbank Partners
Location
London (Greater)
Salary
Up to £110,000 depending on experience
Closing date
17 Sep 2024

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Sector
General insurance, Reinsurance
Contract Type
Permanent
Hours
Full Time
Experience/Function
Qualified, Nearly qual (11+ exams)

Job Details

  • Leadership in Reserving: Take on a pivotal role as a Reserving Manager, focusing on managing and overseeing reserving tasks across all company activities, with a strong emphasis on UK GAAP and Solvency II reserving best estimates.

  • Technical and Analytical Expertise: Lead the review of claims data, set methodologies and assumptions, and manage the production of quarterly reserving documentation and reports.

  • Cross-Departmental Collaboration: Work closely with underwriting, reinsurance, finance, and claims teams to drive accurate reserving results and support strategic decision-making.

  • Reserving Transformation Project: Play a key role in transforming the reserving process by developing and enhancing actuarial analytics, improving efficiency through automation, and streamlining processes using advanced technologies.

  • Regulatory Reporting: Assist in the production of management returns, manage the creation of Technical Provisions for the annual Actuarial Function Report, and liaise with external SAO actuaries and auditors.

  • Ideal Candidate: A qualified actuary with experience in General Insurance reserving, preferably within personal lines, with strong coding skills (Excel VBA, SQL, Python, R), excellent analytical abilities, and effective communication skills.

  • Career Opportunity: Join a leading specialty insurer and contribute to innovative reserving practices within a highly specialized sector.

Company

Fairbank Partners is one of the world's leading specialist actuarial recruitment consultancies. Covering the UK and International Actuarial market, we pride ourselves on being market experts working with you to find the right opportunity. Our consultants specialise in Life Insurance/Re-Insurance, General Insurance, Insurance Risk and Pensions/Investments operating at all levels from Students to Senior Searches. If you are interested in any of our vacancies, or curious about opportunities available to you, do get in touch. www.fairbankpartners.com www.twitter.com/fairbankpartner http://www.linkedin.com/company/fairbank-partners

Company info
Website
Telephone
+44 (0) 203 869 2000
Location
10-13 Lovat Lane
London
London
EC3R 8DN
GB

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