Head of Reserving – 28220

The role will primarily comprise of carrying out the quarterly reserving and subsequent financial reporting and developing the analytical and reporting capabilities of the actuarial function.

• Location: London
• Category: Reserving
• Type: Permanent

Key Duties (Including but not limited to):

• Perform the quarterly reserving for lines of business written by Syndicate 4242 and SPA 1416.
• Develop Reserving MI that can be used across the business to understand key trends.
• Assess performance and highlight areas of concern and potential areas of remediation.
• Calculate, review and communicate reserve uncertainty/ranges.
• Review both gross and ceded data and controls to ensure data used in reserving is robust.

Minimum Requirements:

• Qualified actuary.
• Bachelor’s degree from a top UK university (or equivalent outside of the UK) in a quantitative subject, including but not limited to Mathematics, Computer Science, Economics, Finance, Physics, or Engineering.
• Significant experience in reserving and reporting, including across a number of (re)insurance lines.
• Understanding of actuarial techniques, modelling and validation processes; London market knowledge required.
• High proficiency in Microsoft Excel is required.
• Proficiency in SQL, Python, R, Power BI, and/or VBA advantageous.