Reserving Manager | Actuarial Function

/Reserving Manager | Actuarial Function

The Position:

Reporting into the Head of Actuarial Function, the successful candidate will be a member of the Reserving and Capital Management team. The Actuarial team is responsible for a wide variety of work to support the business, principally:

1. Quarterly Reserving
2. Planning and Forecasting
3. Capital Management
4. Pricing

The role provides a platform to gain a thorough understanding of the underlying insurance business dynamics.

To achieve these goals the candidate will need to:
• Work in a structured fashion to meet ongoing deadlines
• Quickly find solutions for technical problems
• Apply technical expertise to real business issues and respond quickly to strategic situations

Key Responsibilities
• Applying best estimate actuarial reserving techniques to prepare monthly programme performance reports and quarterly actuarial reserve reports
• Ensure appropriate methods and models are used in the calculation of technical provisions
• Assess the quality of data available for reserving purposes
• Compare best estimates against actual experience
• Preparing reserving information for the purpose of assessing the Solvency Capital Requirement
• Assist the Head of Actuarial Function to manage and develop the actuarial function
• Ensure that actuarial policies, processes and procedures meet the requirements under Solvency II
• Developing systems and management information to support and improve business decision making
• Assisting in the development of the management information required to prepare the ORSA under Solvency II
• Provide actuarial assistance on internal projects and initiatives as required

Technical Competencies

• Relevant non-life experience an advantage
• Desire to constantly seek improvements to systems and processes
• Proven problem solving and decision making ability

Non-Technical Competencies

• Strong leadership capabilities applied within team settings and with individual contributors
• Excellent interpersonal and organisational skills
• Ability to work independently using own initiative and be a good team player
• Ability to manage multiple tasks simultaneously within the team to tight deadlines
• Must be able to effectively compose and deliver presentations to senior management
• Ability to work effectively across various disciplines

Contact Jenny on 016099409 or Jenny@acumen-resources.com for further details.

Acumen Resources specialises in the recruitment of the following professionals:
Chief Actuary | Head of Actuarial Function | Actuarial Director | Actuarial Function Holder | CRO | CFO | Actuarial Manager | Valuations Actuary | Product Development Actuary | Pricing & Reserving Actuary | Solvency II Actuary | Life Insurance Actuary | General Insurance Actuary | Non Life Actuary | Pensions Actuary | Investment Actuary | Capital Modelling Actuary | Capital Management Actuary | Risk Management Actuary | Enterprise Risk Management Actuary | Newly & Nearly Qualified Actuary| Part Qualified Actuary | Trainee Actuary| Actuarial Trainee | Student Actuary | Actuarial Graduate

By |2017-01-26T10:26:53+01:00March 4th, 2016|Uncategorised|Comments Off on Reserving Manager | Actuarial Function