Senior Reserving Actuary

Abrivia Recruitment Specialists; Ireland; On-site; EUR 90,000 - 140,000; Full time

Job summary

Abrivia Recruitment Specialists is seeking a Senior Reserving Actuary for an international insurance and reinsurance group focused on legacy/run-off. You will own reserving analysis across diverse non-life portfolios and challenge reserving assumptions with senior actuarial insight for potential legacy transactions.

You will collaborate with claims, finance, risk and senior management, communicating complex reserve drivers clearly to technical and non-technical stakeholders, and travel to London

Qualifications

• Qualified Actuary with significant general insurance or P&C reserving experience.
• Experience across multiple non-life classes and portfolios.
• Excellent communication skills with senior stakeholders and cross-border teams.

Responsibilities

• Take ownership of reserving analysis across diverse insurance and reinsurance liabilities.
• Review and challenge reserving methodologies, assumptions and reserve selections.
• Assess loss development and reserve uncertainty across long-tail and short-tail lines.
• Analyse portfolio development and time-based reserve movements.
• Provide actuarial input into legacy transactions and due diligence.
• Collaborate with claims, finance, risk and senior management on portfolio performance and actuarial matters.
• Communicate conclusions clearly to technical and non-technical audiences.

Skills

Qualified Actuary

Reserving experience

Stakeholder communication

London Market exposure

Job description

Abrivia are currently recruiting for a Senior Reserving Actuary to join our client, a specialist international insurance and reinsurance group operating within the legacy/run-off market.

This is a senior, commercially focused reserving position working across a diverse range of non-life insurance and reinsurance portfolios. You will assess how liabilities are developing, challenge reserving assumptions and provide senior actuarial insight into the management and potential acquisition of legacy books.

Your Role

• Take ownership of reserving analysis across a diverse portfolio of insurance and reinsurance liabilities
• Review and challenge reserving methodologies, assumptions and reserve selections
• Assess loss development and reserve uncertainty across both long-tail and short-tail business
• Analyse how different portfolios and classes of business are developing over time
• Monitor the performance of existing portfolios and provide clear actuarial insight on reserve movements and emerging trends
• Provide actuarial input into potential legacy transactions and portfolio opportunities
• Contribute to the assessment and due diligence of acquired or potential portfolios where relevant
• Work closely with claims, finance, risk and senior management on portfolio performance and actuarial matters
• Assess complex or unfamiliar portfolios and identify the key drivers of reserve uncertainty
• Communicate actuarial conclusions clearly to both technical and non-technical stakeholders

Your Skills

• Qualified Actuary
• Strong General Insurance or P&C actuarial background with significant reserving experience
• Experience across multiple classes of non-life insurance
• Strong understanding of loss development, reserve uncertainty and reserving methodologies
• Ability to challenge assumptions, methodologies and reserve selections at a senior level
• Commercially minded with the ability to operate independently and provide clear actuarial judgement
• Strong communication skills with the ability to engage effectively with senior stakeholders
• Experience within legacy/run-off, reinsurance, the London Market or specialty insurance would be advantageous but is not essential
• Exposure to long-tail casualty, liability, Property, inwards reinsurance, transaction due diligence, portfolio transfers or capital modelling would be beneficial
• Candidates from actuarial consulting backgrounds will also be considered, particularly those with broad General Insurance experience across multiple clients and classes
• Travel to London and Europe will be required