Posted on: 09 January 2024
ID 897489

Reserving Actuary

This is a remote position.

Overview

We are currently seeking a Reserving Actuary with significant experience in general insurance. The

successful candidate will possess a deep understanding of reserving methodologies, have extensive

experience using ResQ or similar tools, and have previously worked in an audit capacity with one of

the Big 4. This role will play a critical part in supporting our clients through their year-end reserving

audits.

Requirements

Key Responsibilities
  • Apply actuarial methodologies to calculate insurance reserves, especially for general insurance
policies.
  • Use ResQ or similar tools to develop and review reserve estimates, ensuring their accuracy and
compliance with both internal standards and regulatory requirements.
  • Assist clients with their year-end reserving audits, providing expert advice, and guidance
throughout the process.
  • Prepare and present complex actuarial reports, findings, and recommendations to both technical
and non-technical audiences.
  • Conduct audits of actuarial models, methodologies, and calculations.
  • Collaborate with various stakeholders to understand their actuarial needs and provide suitable
solutions.

Key Qualifications
  • A Bachelor's or higher degree in Actuarial Science, Mathematics, Statistics, Economics, or related
field.
  • A nearly or newly qualified Actuary with 6-10 years of experience within general insurance.
  • Proficiency in using ResQ would be beneficial.
  • Prior experience in an audit role within one of the Big 4 firms is required.
  • Experience of managing project team both upwards and downwards stakeholder management
  • Strong knowledge of actuarial standards of practice, actuarial modelling, and statistical analysis.
  • Excellent problem-solving skills with an ability to handle complex actuarial calculations.
  • Strong communication and interpersonal skills, with the ability to effectively present complex
concepts and findings.
  • Attention to detail, high levels of accuracy, and excellent organisational skills.
  • Ability to work independently as well as collaboratively within a team.
Occupation:
Finance jobs


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