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Syndicate Reserving Manager

Sellick Partnership
Posted 7 days ago, valid for 16 days
Location

London, Greater London EC1R 0WX

Salary

£30,000 - £36,000 per annum

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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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  • A Syndicate Reserving Manager is needed by a leading London Market insurer.
  • The ideal candidate should have at least 8 years of technical Reserving experience and be an IFoA qualified Actuary.
  • Responsibilities include leading Lloyd's reserving deliverables, managing the Syndicate Reporting team, and improving existing processes.
  • Candidates should have experience in commercial and/or reinsurance lines, with skills in SQL, PowerBI, and Excel preferred.
  • Salary details are not specified, but the role is available immediately for qualified applicants.

Syndicate Reserving Manager sought by a top London Market insurer. Our client are looking for a post-qualified Reserving Actuary with strong commercial and/or reinsurance lines experience to lead their Syndicate Reporting team as a Syndicate Reserving Manager.

Our client are looking for an experienced Syndicate Reserving Manager to manage the Syndicate Reporting Team with collating the results of the quarterly reserving cycle for all business written on Syndicate paper, from Lloyd's to international reinsurance, and report business performance to the reserving committee.

Responsibilities of the Syndicate Reserving Manager:

  • Lead on Lloyds reserving related deliverables including Lloyds Principles assessment, production of Solvency 2 Technical provisions and Actuarial Function reports, Lloyds requests and queries on reserving matters
  • Ensure the quarterly reporting to external LPT providers; involving calculating the LPT positions and reporting on results of external reinsurance agreements to relevant third parties.
  • Manage the Syndicate Reserving Team with the delivery of ad-hoc projects.
  • Contribute to the enhancement of existing processes to improve efficiency of output delivery.

Key Experience of the Syndicate Reserving Manager:

  • Ideally 8+ years of technical Reserving experience, preferably across commercial and/or reinsurance lines.
  • IFoA qualified Actuary (or equivalent).
  • Demonstratable process improvement experience.
  • Knowledge of SQL, PowerBI, and Excel desired.

Our client plan to recruit a strong Syndicate Reserving Manager as soon as possible and are looking to hold interviews immediately.

If you are excited about the prospect of becoming a Syndicate Reserving Manager at a renowned London Market insurer, then please apply with your CV below.

Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.

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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.