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General Insurance Reserving Actuary

  • Location: United Kingdom
  • Salary: £50,000 - £60,000 pa per year
  • Job Type:Permanent

Posted 7 days ago

  • Sector: Actuarial
  • Contact: Tom Parker
  • Expiry Date: 09 October 2021
  • Job Ref: TP/17571

​MERJE are working with a large ‘household name insurance business who have an exceptional reputation in the market, assisting in the search for a ‘Reserving Actuary’ to join the business.

The successful candidate will work directly with the ‘Head of Reserving’ in a dynamic and exciting environment, contributing towards the reserving process as a key player from day one. This is an ideal role for candidates with a strong base of knowledge who are looking to take their career to the next level within one of the largest UK insurance business.

Tasks will include:

• Play a leading role in the reserving process, across Motor, Household and Van products.

• Provide guidance and training to more junior members of the team.

• Build on existing tools to effectively implement a proactive and thorough processes.

• Support project work within the team, playing a lead role in project management.

• Support and develop the IFRS17 workstream.

• Provide review and challenge of the UK SII Technical Provisions model and outputs.

• Support all aspects of work by the Reserving Team as and when required.

• Play a key role in senior stakeholder management, building relationships across the business and providing advice/challenge where appropriate.

Requirements:

• Nearly / Newly Qualified actuary – ideally 3+ years reserving experience within personal lines

• Educated to degree level.

• Strong technical skills including Microsoft excel, VBA and related programmes.

• Experience of using RESQ software beneficial.

• Excellent communication, relationship, and presentation skills – to senior management and non-actuarial colleagues in particular.