We have partnered with a market leading specialist insurer to find them a Reserving Actuary to step into a Reserving Manager position, likely from a personal lines background or consultancy. This is a fantastic opportunity for someone from a personal lines reserving background to move closer to the Lloyd's/London market while keeping a focus on "retail" classes of business. The role includes but is not limited to:
1. Specialist motor book (Commercial, HNW, fleet etc).
2. Reporting into the head of reserving, in a team of 4 but working closely with a larger mirrored reserving team of 8-10.
3. Manage UK GAAP and Solvency II best estimate calculations before sign off by the head of reserving.
4. Manage the review of claims data preparation and setting of assumptions for all perils.
5. Assist reserving discussions with UW, Reinsurance, finance, Capital and claims to generate results.
6. Quarterly reserving documentation, presentation packs and reports.
7. Support reserving transformation projects including development of new/existing processes, promote efficiency/automation, design, build and enhance actuarial analytics.
8. Assist finance in the production of the Lloyd's Q and annual returns, TP's and liaise with external SAO actuaries/auditors.
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