Senior Reserving Actuary - 29075

The Emerald Group; Greater London; On-site; GBP 80,000 - 100,000; Full time

Job summary

A leading actuarial firm in London is seeking a Senior Reserving Actuary to support the onboarding of new transactions and ongoing reserving of portfolios. The ideal candidate will have a strong academic background in STEM, at least 10 years of experience in the Non-life insurance market, and the ability to guide junior actuaries. This permanent role offers opportunities for leadership and strategy development in a dynamic environment.

Qualifications

• Minimum 10 years' experience in Non-life insurance market, ideally 12-15+.
• Strong non-life reserving experience, pricing and/or capital experience beneficial.
• Experience working with large volumes of data.

Responsibilities

• Support onboarding of newly completed transactions.
• Look for better ways to segment portfolios and model claim lifecycle.
• Guide and coach junior actuaries.
• Communicate results of reserving analysis to the executive team and shareholders.
• Support transition of transactions into regular reserving cycle.

Skills

Qualified actuary

Strong quantitative skills

Strong IT skills

Communication skills

Education

Degree from top-tier university in a STEM subject

Job description

The primary purpose of the Senior Reserving Actuary role is to support the Group Chief Actuary with the onboarding of newly completed transactions and the ongoing reserving of previously transacted portfolios on the Group balance sheet.

Job Details

• Location: London
• Category: Non-life Actuarial
• Type: Permanent

Responsibilities

• Senior support of the onboarding of newly completed transactions
• Proactively looking for better ways to segment portfolios and/or model the claim lifecycle in order to gather insights that can feed into claims strategy as well as inform reserving recommendations
• Guidance / coaching of more a more junior but highly capable qualified actuary
• Written and verbal communication of results of reserving analysis through verbal and written reports to the group executive team, shareholders and independent Board members
• Supporting the transition of successful transactions into the regular reserving cycle

Qualifications

• Qualified actuary
• Strong degree from a top-tier university in a "STEM" subject or other quantitative subject
• Strong academic background and track record of high performance
• Experienced in Non-life insurance market with a minimum 10 years' experience (and ideally 12-15+)
• Strong non-life reserving experience as a prerequisite, but some pricing and/or capital experience is also beneficial
• Broad class of business knowledge
• Highly quantitative background and strong IT skills (see below), with a demonstrated experience of working with large volumes of data