Reserving Actuary – 29140

The Emerald Group; Greater London; On-site; GBP 65,000 - 90,000; Full time

Job summary

The Emerald Group in London seeks a seasoned actuary to perform a broad range of reserving work within the Reserving and Reporting function, with a focus on first line reserving. You will lead on reserving processes, present reviews to senior management, and liaise with global teams under GSI4.

Applicants should have an actuarial qualification (FIA or equivalent) or be qualified by experience, a degree in a quantitative field, and a strong Excel/database toolkit.

Qualifications

• University Degree in a quantitative field (Maths/Actuarial Science/Statistics).
• FIA or equivalent qualification or qualified by experience.
• At least five years of relevant actuarial experience.
• Good working knowledge of Excel and databases.

Responsibilities

• Lead development and implementation of reserving processes and systems for first line reserving across legal entities.
• Lead quarterly reserving processes; reconcile data, analyse results and present to senior management.
• Present first line reserving reviews to senior management and liaise with underwriters and central reserving; collaborate with global teams under GSI4.

Skills

Actuarial analysis

Stakeholder communication

Leadership

Education

University Degree in Mathematics/Actuarial Science/Statistics

FIA or equivalent (or by-experience)

Tools

Excel

Databases

Job description

Perform a broad range of actuarial work within the Reserving and Reporting function, with a focus in Reserving, in particular leading on the first lining reserving responsibilities and liaising with the actuarial community working across global teams under GSI4.

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

Key Duties (Including but not limited to):

• Investigate, establish and lead the development and implementation of reserving processes and systems for first line reserving of business written on a number of legal entities within the Group
• Lead the quarterly reserving processes for business by reconciling data sets, analysing and producing reserving results, including reviewing results produced by other members of the team. Liaise with Central Reserving to persuade them to use the results produced, building strong relationships based on the credibility of work undertaken
• Present the first line reserving reviews to senior management, explaining assumptions and rationale for changes. Present results to other stakeholders such as underwriters and central reserving to provide insight and recommendations on performance related results. This will include liaising with the actuarial community and working across global teams under GSI4
• University Degree in a quantitative field such as Mathematics, Actuarial Science or Statistics.
• Qualified actuary (FIA or equivalent) or qualified by experience.
• Mathematics of Actuarial Background
• Good working knowledge of Excel and databases
• At least five years of relevant actuarial experience