Reserving Actuary - Non-life

Raretec Recruitment Ltd.; Ireland; On-site; EUR 70,000 - 90,000; Full time

Job summary

A leading international insurer is seeking an experienced Reserving Second Opinion Actuary to join its Risk Management function in Ireland. This role involves performing independent analyses, providing oversight on reserves, and identifying financial risks. Candidates should have over 2 years of P&C actuarial experience, strong communication skills, and technical modelling proficiency. A unique opportunity to step into a highly visible role supporting global portfolios awaits you.

Qualifications

• At least 2 years’ post-qualification experience.
• Strong P&C actuarial reserving experience.
• Experience working across insurance and reinsurance portfolios.

Responsibilities

• Perform independent reserving and technical valuation analyses.
• Provide independent second-opinion on technical reserves.
• Identify areas of uncertainty within reserve estimates.
• Support regulatory and internal initiatives.

Skills

P&C actuarial reserving experience

Technical modelling capability

Strong communication skills

Advanced Excel skills

Experience using SQL

Experience using VBA

Ideally Python

Education

Qualified actuary

Tools

Excel

SQL

VBA

Python

Job description

Our client, a leading international commercial lines and reinsurance insurer, is seeking to appoint a Reserving Second Opinion Actuary to join its Risk Management function. This is an excellent opportunity for an experienced P&C actuary to step into a highly visible role providing independent oversight and challenge across complex global insurance and reinsurance portfolios.

Key Responsibilities

• Perform independent reserving and technical valuation analyses across assigned lines of business, including selection and challenge of assumptions and methodologies.
• Provide an independent second-opinion on technical reserves and profitability to senior management, including half-year and full-year reserve assessments.
• Identify areas of uncertainty within reserve estimates and assess their potential financial and risk impacts.
• Act as a subject matter expert on reserving matters, supporting profitability reviews, deep-dive analyses, and business planning activity.
• Present and clearly explain reserving conclusions to actuarial, underwriting, and risk stakeholders.
• Support regulatory and internal initiatives (including IFRS 17) and ensure reserving processes meet governance and policy standards.

Required Experience & Qualifications

• Qualified actuary with at least 2 years’ post-qualification experience or equivalent.
• Strong P&C actuarial reserving experience, particularly within commercial and corporate long-tail business.
• Solid technical modelling capability, with advanced Excel skills and experience using SQL, VBA, and ideally Python.
• Proven ability to review, challenge, and validate actuarial assumptions and methodologies.
• Experience working across insurance and reinsurance portfolios; reinsurance exposure is a strong advantage.
• Strong communication skills, with the ability to present technical conclusions clearly to senior stakeholders.

Apply or Enquire

For further information or a confidential discussion, please contact:

Grace Caraher

📧 [e-mail] | 📞 01 592 7864

Alternatively, contact the Raretec main line on 01 531 1400.