about 1 year ago
Reserving Analyst sought for a leading General Insurer who are looking to bolster their team following a period of sustained growth. Our client is looking for a confident and innovative aspiring Actuary seeking to develop a career in Personal Lines Insurance.
This role will see the Reserving Analyst oversee the monthly and quarterly Reserve reviews, build a variety of models using R and SAS and liaising extensively with internal stakeholders as a representative of the Actuarial function.
Some of the key responsibilities of the Reserving Analyst include:
- Providing actuarial analysis to support the assessment of capital requirement in respect of claims risks to support the delivery of the internal capital model.
- Developing tools to support business planning.
- Helping to support the quantification of the impact of COVID-19 on Motor lines of business.
- Produce timely and accurate actuarial management information that is relevant to stakeholders.
- Supporting the Head of Department in ensuring key controls are exercised to mitigate risks, including fraud and financial mis-statement, and that documentation is kept up to date and complete.
- Supporting the assessment of product profitability and the performance of the Intermediary Motor line of business.
Requirements of the Reserving Analyst:
- A mathematical or statistical degree graded at least 2:1.
- If working towards an IFoA Fellowship, Good progress should already have been made.
- Excellent I.T skills - SAS, VBA, Python and/or R would be preferable. Transferable I.T skills may be acceptable.
- Strong Communication skills are essential to be able to explain technical Actuarial concepts to non-technical teams.
- Excellent time keeping skills and the ability to work under pressure
Rewards and Benefits
- £30,000 - £45,000 salary
- Full Actuarial study support
- Flexible working available
- Excellent career progression
For further information, please apply below with your CV or contact Josh Spencer on 0151 224 1480
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