Reference
RM 24
Sector
Actuarial
Salary
up to £120,000 Per Annum
Town/City
London City
Contract Type
Permanent
Reserving
• Manage the UK GAAP, Solvency II and US Trust Fund reserving best estimate calculations prior to review and sign off from Head of Reserving
• Manage the review of claims data preparation, support assumption setting and calculation of specific IBNR.
• Assist reserving discussions with other areas of the business, including underwriting, reinsurance, finance and claims to generate reserving results
• Liaise with the business to derive initial natural catastrophe estimates
• Manage the production of Quarterly reserving documentation, presentation packs and reports
• Support the implementation of reserving process enhancements
• Provide assistance to the Finance, Claims, Reinsurance and Underwriting teams as appropriate
• Support regular portfolio analysis of classes
Regulatory Reporting
• Assist Finance in the production of Lloyd’s quarterly and annual management returns
• Manage the production of Technical Provisions component of annual Actuarial Function Report prior to review and sign off from Head of Reserving
• Assist with UW/RI opinions
• Support with production of associated reserving frameworks and policies
• Liaise with external SAO actuaries and auditors