Reserving Analyst

£40000 - £60000 per annum, Benefits: Full Study Package
04 Jun 2019
04 Jul 2019
Mylo Higginson
Contract Type
Reserving Analyst

Location: City of London

Sector: General Insurance

Reporting to: Head of Reserving

Contract Type: Permanent

Hours: Full Time

Salary: £40,000 - £60,000 basic P/A

Further Information

My client, a leading Lloyd's syndicate, is searching for a bright and presentable part-qualified actuary to join their divisional stroke central reserving team.

Key Responsibilities:
  • Estimating ‘best estimate’ claims and premium reserves for one or more divisions
  • Preparation of reserving summaries and associated process documentation
  • Preparation of year-end SAO’s and accompanying reports as required by Lloyd’s and the PRA.
  • Analysis of Lloyd’s market data for benchmarking purposes
  • To support the business planning process whilst feeding in knowledge acquired during quarterly reserving exercise.
  • Calculation of Technical Provisions for Solvency
  • Provide inputs to the Capital Model
  • Input/support for Actuarial Function Reports and other reports as needed
  • Support risk management
Skills & Experience:
  • 1-2 years in GI actuarial
  • Progress steadily through the actuarial exams
  • 2:1 or above in a numerate subject
  • Strong A-level results, including A in Mathematics
  • Strong IT skills, especially Excel, VBA and/or SQL
  • Excellent communication/interpersonal skills
Also Offers:
  • Full study support.
  • Above market rate bonuses.

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