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Reserving Manager


MW Appointments


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


Job tags

Permanent employmentRemote job


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