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Actuarial Manager Capital/Reserving

Actuarial Manager Capital/Reserving

Arthur

Posted 12 days ago, valid for 9 days

London, Greater London EC2V 7WS, England

£75,000 - £90,000 per annum

Full Time

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Sonic Summary

A growing personal lines firm is seeking an Actuarial Manager to manage actuarial deliverables for Solvency 2 processes.
The role involves collaboration with Risk and Finance teams and requires one day per week in the London office, with flexibility.
Key responsibilities include calculating liabilities, assisting with the ORSA process, and maintaining the governance framework.
Candidates should ideally be qualified actuaries with experience in Solvency 2 and ORSA processes.
A background in non-life insurance, particularly in personal lines or P&C, is preferred; salary details were not provided.

I am working with a growing personal lines firm who are seeking an Actuarial manager to join the team. The main focus would be managing the production of actuarial deliverable's into the company's Solvency 2 processes and collaborate with other functions i.e Risk/Finance.This role would require one day per week in the London office (with flexibility)Responsibilities:

Calculating the best estimate of liabilities, the risk margin, the underwriting risk SCR (Pillar I)
Assist with the ORSA process and the capital assessment, the stress testing and the assessment of the standard formula (Pillar II)
Maintain the company’s governance framework, including result review, process or policy documentation
Transform the team operating model, by improving process efficiency and enhancing automation

Requirements:

Ideally qualified actuary
Experience with Solvency 2 and ORSA process
Background within non life insurance, preferably personal lines/P&C

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