Reserving Actuary

1 month ago


London, United Kingdom The Emerald Group Full time

The purpose of the role is reserving of legacy portfolios and supporting pricing and due diligence of prospective legacy transactions.

  • Location: London/WFH
  • Category: Non-Life
  • Type: Permanent

Key duties (including, but not limited to):

  • Ownership of the reserving of individual portfolios, including setting up and reviewing reserving models and dashboards for monitoring experience
  • Written and verbal communication of reserving results, including at Group Reserving Committee
  • Continuous improvement of the reserving process for individual portfolios and entities
  • Support of the pricing and actuarial due diligence of new deals, including assessing the quality of data, setting up models, assessing ranges of reserve ultimate’s and assessing opportunities and risks
  • Written and verbal communication of results of pricing analysis, including to the internal committee for Transaction approval, which includes Group Executives, shareholders and independent Board members
  • Supporting the transition of successful transactions into the regular reserving cycle
  • Qualified or part-qualified actuary in the non-life insurance market with strong non-life reserving experience
  • Strong academic background and progress with actuarial exams (if not already qualified)
  • Broad class of business knowledge
  • Highly quantitative background (see Education requirements) and strong IT skills, with a demonstrated experience of working with large volumes of data
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