Actuarial Manager

**Actuarial Manager**

**Kent**

**Key Responsibilities**
- Quarterly and year-end reserve reviews and valuations using appropriate actuarial methods, including ultimate loss ratio, and run-off triangle techniques.
- Performing necessary reconciliation checks, and reporting justification of reserving methodology, assumptions and results to the relevant departments.
- Document rating and underwriting requirements for underwriting scheme builds in the Policy Administration System.
- Develop test plans for the initial underwriting build and subsequent monthly rating changes.
- Creating models for portfolio analysis and monitoring, to deliver insight into key drivers of business performance.
- Reviewing technical elements of Management Accounts and review technical assumptions for business planning.
- Design and maintain reports that provide useful claims and underwriting information (e.g. Claims Triangulation Reports) for management and other relevant departments.
- Allocation and scheduling of work and coaching of Actuarial Analysts, to ensure team objectives are achieved and disruptions caused by leave and training are minimised.

**Key Requirements**
- Experience of working in Commercial Lines Property and Casualty Insurance.
- Experience in reserving, pricing, product development, and operational implementation.
- Skilled in management information, financial close processes, and reserving process management / governance.
- Previous experience of mentoring / coaching Junior Actuaries.
- Must be a fully qualified member of the Institute & Faculty of Actuaries, or equivalent professional actuarial association.
- Competent knowledge of Excel.
- Strong command of actuarial techniques and detailed knowledge of actuarial models, including stochastic.
- Good understanding of reinsurance.

**Keywords**: Actuarial Manager; Actuarial; Actuary; Commercial Lines Insurance; Property Insurance; Casualty Insurance