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Reserving Actuary - Manager

High Finance (UK) Limited T/A HFG
Posted 10 hours ago, valid for a day
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • We are seeking a Reserving Manager with a background in personal lines or consultancy for a market-leading specialist insurer.
  • The role offers an opportunity to work closer to the Lloyd's/London market while focusing on retail classes of business.
  • Candidates should have experience in managing UK GAAP and Solvency II best estimate calculations and be able to work collaboratively with various teams.
  • The position requires strong involvement in reserving documentation, presentation packs, and supporting transformation projects to enhance actuarial analytics.
  • The salary for this role is competitive, and candidates should have at least 5 years of relevant experience in reserving.

We have partnered with a market leading specialist insurer to find them a Reserving Manager, 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.

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.