ACTUARIAL ANALYST, RESERVING | 30087

The Emerald Group Ltd, Search and Selection; Greater London; On-site; GBP 42,000 - 68,000; Full time

Job summary

The Emerald Group Ltd, Search and Selection is seeking an actuarial reserving professional in Greater London to support Best Estimate and Syndicate reserving processes. You will produce analyses on gross and reinsurance bases, prepare materials for quarterly meetings, and assist with annual reserve reports, benchmarking, and deep-dive investigations.

Applicants should have 2+ years in actuarial reserving and strong mathematical and statistical skills, with eagerness to expand knowledge across

Qualifications

• 2+ years of experience in an actuarial reserving role
• Strong mathematical and statistical knowledge
• Willingness to deepen knowledge of reserving and reporting topics
• Encouraged to apply even if not every requirement is met

Responsibilities

• Support Best Estimate and Syndicate reserving processes by producing and analysing results on gross and reinsurance bases
• Prepare and present reserving results for quarterly meetings and the Reserving Sub Committee
• Allocate reserving outputs for internal and regulatory reporting requirements
• Assist with wider reserving tasks such as annual reserve reports and benchmarking
• Monitor claims experience with actual vs expected analyses and document findings
• Maintain and enhance reserving models and update parameters annually

Skills

Actuarial reserving

Mathematical knowledge

Statistical knowledge

Team collaboration

Job description

Overview

Key responsibilities including but not limited to:

• Support the Best Estimate and Syndicate reserving processes by producing, reconciling, and analysing results on both gross and reinsurance bases
• Prepare and present reserving results and relevant information for quarterly reserving meetings and the Reserving Sub Committee
• Run and review allocation of reserving outputs to meet various internal and regulatory reporting requirements, which at times can be time pressured
• Support team members in dealing with requests and queries from stakeholders across the business
• Monitor the Syndicate’s claims experience through actual versus expected analyses and document findings for review
• Maintain and enhance actuarial reserving models, including annual updates of reserving parameters (gross and reinsurance), model development for new business classes, and support implementation of new reserving techniques
• Assist as required with wider reserving tasks such as the annual reserve report, benchmarking exercises and deep-dive reserving investigations

Overview

Key responsibilities including but not limited to:

• Support the Best Estimate and Syndicate reserving processes by producing, reconciling, and analysing results on both gross and reinsurance bases
• Prepare and present reserving results and relevant information for quarterly reserving meetings and the Reserving Sub Committee
• Run and review allocation of reserving outputs to meet various internal and regulatory reporting requirements, which at times can be time pressured
• Support team members in dealing with requests and queries from stakeholders across the business
• Monitor the Syndicate’s claims experience through actual versus expected analyses and document findings for review
• Maintain and enhance actuarial reserving models, including annual updates of reserving parameters (gross and reinsurance), model development for new business classes, and support implementation of new reserving techniques
• Assist as required with wider reserving tasks such as the annual reserve report, benchmarking exercises and deep-dive reserving investigations

Experience Required

• 2+ years of experience, ideally within an actuarial reserving role
• Highly developed mathematical / statistical knowledge
• Willingness to further increase knowledge of Reserving and Reporting related matters and key market topics and develop technical and management skills
• If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, they encourage you to apply anyway. You might just be the candidate they are looking for!