Mixed Gi Actuarial Analyst

3 weeks ago


London, United Kingdom eFinancialCareers Full time

New Role: Mixed Actuarial Analyst GI
Specialty Insurer - City of London
£45,000 - £65,000

A number of duties include:
Reserving Duties:

- Quarterly reserving for multiple lines of business.
- Communicating analysis with a vast array stakeholders of the business from Underwriters to finance.
- Exposure to Solvency II and IFRS 17.
- Managing conflicting demands from stakeholders and building relationships.
- A proactive approach to streamlining complex actuarial problems.
- Support Solvency II Technical Provisions calculation and reporting process.
- Input to and assist with Loss Ratio planning processes.
- Assisting the reserving team in statutory reporting requirements for both Lloyd's and the PRA.

Pricing Duties:

- To assist in the pricing of policies by working closely and establish an excellent working relationship with the Underwriting teams.
- Pricing of large individual accounts, often across multiple lines of business.
- Working with underwriting teams to provide ad-hoc pricing support and individual case pricing in line with best practice actuarial techniques.
- Rating model development.
- Loss ratios.
- Portfolio reviews.
- Working with underwriters on new product development.

Capital Modelling Duties:

- Interpreting results and producing reports to the key members of the business.
- Import/validate data into calculations to ascertain information.
- Assist in the collaboration of information from other areas of the business and then run the results into the external system.
- Build automated tests to assess team's output.
- Follow all regulatory requirements.

From you they are looking for:

- Mathematics/Science-based degree or equivalent.
- Any progression through the Actuarial exams
- An excellent problem solving and analytical mind.
- Previous experience in Reserving is a preference.
- A consultancy background with reserving would be very valuable.
- Excellent ability to simplify key information and present it to stakeholders.
- Additional languages would be desirable

**#generalinsurance #lloydsoflondon #actuaryjobs



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