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Reserving Actuary

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1 Vacancy
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Job Location drjobs

London - UK

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Primary Details

Time Type: Full time

Worker Type: Employee

The purpose of this role is to undertake reserving for Lloyds syndicates and business written on company paper provide expert actuarial advice to business units ensuring technical excellence in business planning and deep dives into portfolio segments. Additionally the role involves developing relationships with key stakeholders coaching student actuaries and supporting the actuarial manager as needed. The role also includes taking ownership of relationships with underwriters claims and finance representatives to meet the purpose of the role.

Responsibilities:

  • Perform the forecasting of technical provisions reserve margins and reserve uncertainties to support business analysis/MI for reports and accounts business planning profitability studies and commutations.
  • Support senior team members in working through complexity and explaining key assumptions to stakeholders
  • Identify areas for continuous improvement drive toward efficiencies in process challenge the status quo
  • Manage and monitor actuarial process where applicable to ensure continued delivery and improvement
  • Ensure appropriate checks are performed within processes to minimise inaccuracies both on their own work and the review of others
  • Use and assist with the development of appropriate systems and procedures to ensure accurate data is used and subsequently appropriate analyses produced. This is to include adopting efficient and consistent actuarial models and process and / or technologies where appropriate
  • Plan and execute existing projects with multiple components with minimal direction
  • Manage own workflow and work largely independently escalating for support when needed
  • Build relationships with internal and external stakeholders to improve customer focus
  • Understand developments in wider Actuarial community to stay abreast of current development
  • Keep bigger picture in mind with ability to think through longer term implications and contribute to team strategic planning
  • Understand impact of regulatory environment on technical work
  • Develop and coach student actuaries
  • Work with student actuaries on projects including allocating responsibilities and managing priorities - providing performance feedback to team and professional guidance to junior team members

Work Experience:

Necessary Work Experience includes:

  • General Insurance reserving work experience.
  • Stakeholder management experience

Preferred Work Experience includes:

  • Actuarial analyses and predictive modeling experience.
  • Increasing levels of responsibility.
  • Experience in wider actuarial disciplines.
  • Team management experience.

Qualifications:

Necessary Qualifications include:

  • Actuarial degree or degree in other mathematically focussed area.

Preferred Qualifications include:

  • FIA or equivalent

Global Disclaimer:

The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employees normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company to each other and to our customers suppliers communities and governments. It provides clear guidance to help us to make good judgement calls.

US Only Disclaimer:

To successfully perform this job the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

US Only - Travel Frequency:

Infrequent (approximately 1-4 trips annually)

US Only - Physical Demands:

General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone headset and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

Skills:

Actuarial Science Analytical Thinking Critical Thinking Decision Making Financial Products Intentional collaboration Managing performance Price Modelling Problem Solving Process Improvements Risk Management Sound Judgment Stakeholder Management Statistical Analysis Software (SAS) Waterfall Model

How to Apply:

To submit your application click Apply and follow the step by step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.

Employment Type

Full-Time

Company Industry

About Company

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