Reserving Manager

Reference

RM 24


Sector

Actuarial


Salary

up to £120,000 Per Annum


Town/City

London City


Contract Type

Permanent

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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

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