Reserving Actuary – 28691

Emerald Group; England; On-site; GBP 60,000 - 90,000; Full time

Job summary

Emerald Group is seeking a qualified actuary to support the reserving function, embedding robust actuarial processes and models. You will collaborate to manage the quarterly reserving cycle, ingest data, parameterise models, review diagnostics, and propose best-estimate reserve levels.

The role also involves maintaining reserving models and implementing process improvements. The ideal candidate will have strong Excel and SQL capabilities, excellent communication skills, and prior reserving

Qualifications

• Must be a qualified actuary with knowledge of reserving techniques.
• Lloyd's Market experience is preferred.
• Strong communication skills to explain complex issues to non-actuarial colleagues.

Responsibilities

• Help the Head of Reserving with establishing and embedding an actuarial reserving process.
• Work end-to-end through the quarterly reserving process including data ingestion, model parametrisation across classes, diagnostics and proposing reserve levels.
• Maintain reserving models and drive ongoing process improvements.

Skills

MS Excel

SQL

Education

Actuarial qualification

Tools

SQL

Job description

Key Duties (Including but not limited to):

• Help the Head of Reserving with establishing and embedding an actuarial reserving process
• Work through the end-to-end quarterly reserving process, including data ingestion, model parametrisation across all classes, reviewing key diagnostics (such as the Actual Versus Expected results, key ratios, Analysis of Change) and calculating and proposing appropriate reserve levels on a best estimate basis and summarising outputs
• Be responsible for maintaining reserving models and ongoing process enhancements

Qualifications required:

• Qualified actuary with prior knowledge of reserving techniques, preferably with Lloyd’s Market experience

Experience required:

• Excellent computer skills including MS Excel and an interest / background in technology (SQL experience would be advantageous)
• Strong communication skills with ability to explain complex issues to non-actuarial and/or junior team members