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Reserving Actuary Manager Personal Lines

High Finance (UK) Limited T/A HFG
Posted 20 hours ago, valid for 17 days
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 Reedā€™s services as part of the process. By submitting this application, you agree to Reedā€™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 for a market-leading specialist insurer, ideally with a personal lines background or consultancy experience.
  • This role offers the opportunity to work closely with the Lloyd's/London market while focusing on retail classes of business, particularly in specialist motor insurance.
  • Candidates should have at least 5 years of relevant experience in reserving and be proficient in UK GAAP and Solvency II calculations.
  • The position includes managing claims data preparation, collaborating with various departments, and supporting reserving transformation projects.
  • The salary for this role is competitive, reflecting the candidate's experience and expertise.

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.

Apply now in a few quick clicks

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 Reedā€™s services as part of the process. By submitting this application, you agree to Reedā€™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.

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