Senior Transaction Actuary London, Work from Home(GBR)

Enstar Group; London; Remote; GBP 200,000 +; Full time

Job summary

A leading global (re)insurance group in London is seeking a seasoned P&C Insurance Actuary to provide actuarial support for M&A transactions. The ideal candidate should have a minimum of ten years' experience in loss reserving, excellent communication skills, and a keen commercial acumen. The role involves managing reserving reviews, delivering quality assessments, and working collaboratively within the M&A team. Competitive development opportunities and a supportive work environment are offered.

Benefits

Professional Qualification/Study Support

Training and Conferences

Digital Learning Hub

Wellbeing initiatives

Qualifications

• Minimum of ten years' experience concentrated in loss reserving.
• Experience with mergers & acquisitions and consulting work.
• Ability to work independently and manage multiple deadlines.

Responsibilities

• Provide actuarial expertise for pricing prospective acquisitions.
• Manage the reserving review for transactions.
• Deliver high quality assessments of reserve margins.

Skills

Loss reserving

Actuarial expertise

Commercial acumen

Communication skills

Team orientation

Education

Qualified P&C Actuary

Job description

A seasoned P&C Insurance Actuary to assess actuarial aspects of transaction targets globally to the M&A Transaction team and wider business. Provide actuarial support for post-deal integration.

What you will be doing:

• Provide actuarial expertise for pricing prospective Enstar acquisitions within the M&A Transaction team
• Day to day management of the reserving review for transactions, including some of the larger or complex ones.
• Deliver high quality assessments of reserve margin (positive or negative) and other actuarial indications after digesting voluminous amounts of diverse information under tight timeframes.
• Identification and efficient communication of results. Keen commercial acumen in advising Enstar on benefits and risks.
• Able to articulate the 'so what' - the financial impact of the deal / data and explain broader impacts through reporting to other parts of the M&A Transaction team and management.
• Ability to handle many projects with strict adherence to deadlines. Timely completion must be achieved independent of variable transaction flow.
• Work seamlessly with other parts of the M&A Transaction team and business more widely, including sharing knowledge and providing input. Solid communicator and a team player.
• Beyond the transaction work, additional tasks may include post-deal integration support and shaping the future structure and processes of the M&A/Transaction Actuarial team

What you will bring:

• Qualified P&C Actuary with at least ten years' experience with a heavy concentration in loss reserving.
• Candidate must be hands on, intellectually enquiring, profit-oriented, deadline sensitive and decisive.
• Due to nature of role and compensation, this will be an exceptional candidate.
• Broad technical loss reserving experience with exposure to many lines of business, reinsurance levels, country specific exposures and regulatory environments
• Mergers & acquisitions, transaction and consulting work with proven experience managing tight deadlines
• Ability to work independently to manage multiple tight deadlines.
• Expert with many reserving methods and ability to apply them seamlessly to a wide variety of portfolios
• Knowledge of many different lines of business, including long tailed lines, Asbestos/Environmental, Workers Compensation, Construction Defect, Liability, Excess Covers, and Reinsurances.
• Production of Loss reserve reports under variable reporting regimes
• High integrity and infallible work ethic. Strong attention to deadlines
• Excellent written and verbal communication skills, persuasive and decisive
• Resistance to pressure, resilient to competing demands, commercial acumen to deliver results
• Team orientation - within M&A dept., Enstar

Who we are

Enstar is a trusted, leading global (re)insurance group that delivers innovative solutions that help our clients reduce risk, release capital and achieve finality. We operate through our network of group companies positioned across the world's major insurance hubs, spanning Bermuda, the US, London, Continental Europe and Australia.

We are dedicated to helping some of the world's largest organisations manage risk, providing new opportunities and supporting freedom to grow. With deep expertise, a highly experienced team and a strong track record in the retrospective (re)insurance market, we are proud of our 30+ year history of building enduring partnerships and bringing fresh thinking to complex challenges.

Our solutions are supported by Enstar's robust balance sheet, as evidenced by our $20.3 billion in assets, financial strength ratings and partnership with Sixth Street, a leading global investment firm.

Why choose us?

Learning and development opportunities are a fundamental part to our employee's career journey with Enstar. Their development and career progression remain key enablers of employee engagement, which can directly impact productivity, performance and retention.

At Enstar, we provide a number of initiatives and resources to support our employee's development through their career at Enstar.

• Professional Qualification/Study Support: We support our employees who wish to take professional qualifications aligned to their role and career development. In addition, we also offer study support.
• Training, Conferences & Seminars: As we are a global company we work with many Professional Bodies which offer training, conferences, seminars and often free CPD events.
• Digital Learning Hub: Our digital learning hub Percipio has self-serve resources (e.g. courses, videos, ebooks, audio books) covering a range of topics to upskill your knowledge

We also invest in physical, mental and financial wellbeing initiatives for every employee. Supportive teams, inspiring work and a great environment contribute to our happiness. We take efforts to have a positive influence in our communities and to continuously reduce our impact on the environment.

Equal Opportunities at Enstar:

Our annual Inclusivity Index puts Enstar ahead of the industry in terms of diversity and inclusivity. At Enstar, we value all types of diversity. We're an equal opportunity employer and believe that our diversity creates an authentic working culture. We don't discriminate on the basis of age, physical or mental disability, gender reassignment, marriage and civil partnership, pregnancy and carer status, race (including colour, nationality, and ethnic or national origin), religion or belief, sex and sexual orientation. Enstar is committed in providing an accessible recruitment experience for all those interested in working with us. Please let your Enstar Recruitment Partner know if you require any reasonable accommodation during the application process due to a disability to enable you to fully participate in our recruitment process.