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We have partnered with a market leading specialist insurer to find them a Reserving Actuary to step into a Reserving Manager position, likely from a personal lines background or consultancy. This is a fantastic opportunity for someone from a personal lines reserving background to move closer to the Lloyd's/London market while keeping a focus on "retail" classes of business. The role includes but is not limited to:
- Specialist motor book (Commercial, HNW, fleet etc).
- Reporting into the head of reserving, in a team of 4 but working closely with a larger mirrored reserving team of 8-10.
- Manage UK GAAP and solv ii best estimate calculations before sign off by the head of reserving.
- Manage the review of claims data preparation and setting of assumptions for all perils.
- Assist reserving discussions with UW, Reinsurance, finance, Capital and claims to generate results.
- Quarterly reserving documentation, presentation packs and reports.
- Support reserving transformation projects including development or new/existing processes, promote efficiency/automation, design build and enhance actuarial analytics.
- Assist finance in the production of the Lloyd's Q and annual returns, TP's and liase with external SAO actuaries/auditors.
