ICG is seeking interested and available professionals to respond to a service requestfrom a global strategic partner.
Client
Theendclient isa client ofour global strategic partner.
Role
Responsibilities:
- An actuarial reservingtransformation expert to review and challenge our current reserving business processes to help us with our transformational thinking including acting as a facilitator in workshops and other forums
- Work with and challengeour internal team in developing a future state for our reserving business processes that will meet the objectives of our strategic transformation programme. The reserving analysis processes are the primary objective but there are other processes to be considered as a secondary objective too
- Focusis on the reserving/valuation booking and reporting processes including any offline analysis i.e. formal and informal processes
- Familiarise yourself with the existing processes through documentation review and information gathering
- Facilitate workshops small group and individual discussions to identify process transformation (not change) opportunities
- Propose transformative ideas and challenge the existing processes to make the process more efficient with minimal resources requirement (Target 20 less resource requirement)
- Propose simplification of existing process and identify any activities that dont add material value
- Propose and test alternative approaches used by other insurers
- Document the discussions and proposed transformations
- Consider whether unused capabilities within existing tools e.g. ResQ could drive efficiencies
- Additionalactivity to facilitate 23 reserve class redefinition workshops applying 2 different approaches to redefine a target set of reserve classes
Skills and experience required:
- Can be partqualified or qualified
- Largescale reserving transformation programme expertise
Logistics
Start date:The role is a 3 to 4 month project and work is likely to commence ASAP witha possibility to join the client as a FTE after the interim period ends.
Location:London / Hybrid role.
Rate:The rate to ICG applicants 900950 per day depending on experience.
Close date:Nolater than22ndFebruary 2023 17:00 BST (UK).
APTs must be lodged within 48 hours.We will review all APTs and select the best 3 for the client. The client will then conduct interviews.
Please note that the net rate quoted is an ICG Affiliate rates available for ICG Members only.Any previously agreed and documented rates for candidates introduced to ICG via approved 3rd parties will be honoured.
To apply for this BAF Please log into the link below to apply online to ICGs new Application Tracking Software (ATS)
http://internalconsulting/applynow/
If you are aware of a suitable candidate for the role please forward on.
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Requirements
Required Experience:
Contract