Location
City of London, Greater London | United Kingdom
Job description
An outstanding opportunity for a qualified actuary looking to advance their career within a growing Lloyds Managing Agency.
You will oversee the delivery of reserving analysis to be used by the Syndicate. As team leader you will oversee 2 members of staff and will assume a variety of other key duties, such as supporting the parameterisation & validation of capital models, support due diligence and pricing of new books of business.
Reserving Manager - Actuary
Overview
* Oversee the data extraction processes for premiums, claims and reinsurance information for use in reserve modelling
* Manage updates to the reserve models and reserve exhibits on a timely basis to help the management decide on reserve levels, including
* Update Solvency II technical provisions & US Trust Fund reserves
* Estimation of Reserving Risk
* Computation of reinsurance recovery rates
* Calculate insurance cash-flows
* Oversee delivery of monthly run-off MI including actual vs expected reserve run-off analyses
* Perform reserve deep dive reviews as required
* Benchmarking of market data
* Assist the capital model team in maintaining, parameterising, running and enhancing the capital model
* Analyse historical syndicate and market data to develop model parameters and calibrate inputs to the capital model
What you need to show …
* Qualified Actuary
* Proficient in use of ResQ, Excel and macros
* Organized with an ability to work to tight deadlines
* Previous London market/Lloyd's reserving experience beneficial
What is on offer …
* Permanent role
* Salary to 130,000 + annual bonus & benefits package
* Working flexibility - 2 days in the City of London & 3 days working remotely
* An opportunity to join an ambitious, dynamic and growing business that specialises in the acquisition and management of run-off portfolios.
REF: 9442
Interested? Please apply today and we will contact you by return.
MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector.
MW Appointments is acting as an Employment Agency in relation to this vacancy. #J-18808-Ljbffr
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