Corporate Reserving Analyst

Bolton Associates; London; On-site; GBP 40,000 - 70,000; Full time

Job summary

An established industry player is seeking a Reserving Analyst to join their dynamic team in London. In this newly created role, you will work closely with the Head of Corporate Reserving, leveraging your expertise in reserving to contribute to critical quarterly processes. You will play a key role in preparing materials for high-level meetings and collaborating with various stakeholders to enhance data quality. This position offers an exciting opportunity to be part of group-wide analytical projects and regulatory needs, making a significant impact in the insurance sector. If you're passionate about analytics and have a solid background in reserving, this role is perfect for you.

Qualifications

• Minimum of 3 years reserving experience required.
• Strong analytical skills and communication abilities are essential.

Responsibilities

• Assist with quarterly reserving responsibilities and data quality checks.
• Lead preparation of reserve materials for key stakeholders.

Skills

Reserving Experience

Data Quality Checks

Analytical Skills

Communication Skills

Education

Bachelor's Degree in Finance or Actuarial Science

Tools

Reserving Platform

Job description

Job Title: Reserving Analyst

Global insurance company has a newly created role to work directly with the Head of Corporate Reserving. You will have a minimum of 3 years reserving experience.

Responsibilities:

1. Assist with quarterly reserving responsibilities, including data quality checks, peer review of IBNR selections, and contributing to the quarterly reserving process.
2. Lead the preparation of best practice reserve materials and outputs for key stakeholders such as the CFO Reserve Meeting and Group Reserve Committee Meeting.
3. Assist with communications with external auditors, internal audit, etc.
4. Support maintenance and understanding of the reserve platform, including quick implementation of selections and judgments, and suggest improvements.
5. Liaise with wider business initiatives to enhance data quality.
6. Assist with group-wide analytical projects, such as frequency-severity methods and loss ratio movement analysis.
7. Provide reserving inputs for regulatory needs, including IFRS17, Solvency II, BMA Economic Balance Sheet, Singapore MAS actuarial opinions, and International Capital Standard calculations.