Actuarial Analyst

4 weeks ago


London, Greater London, United Kingdom The Emerald Group Full time
Actuarial / Senior Analyst, Associate Actuarial Consultant

The Emerald Group is seeking a highly skilled Actuarial / Senior Analyst to join our team. As an Associate Actuarial Consultant, you will play a key role in performing a broad range of actuarial reserving and reporting tasks for The Syndicate, covering both local (Lloyd's) and group reserving & reporting requirements.

Key Responsibilities:
  • Lead elements of the Best Estimate reserving process, by producing, reconciling and analysing draft results (gross and reinsurance).
  • Lead elements of the Syndicate reserving process, such as reconciliation of data sets, participation at reserving meetings, and preparing information for the Reserving Steering Group.
  • Review allocation of margin to reserving class to ensure consistency with the reserving policy.
  • Maintain and enhance actuarial reserving models, including annual updates of reserving parameters (gross and reinsurance) and development of models for new classes of business, as well as supporting development and implementation of new reserving techniques.
  • Monitor the Syndicate's claims experience using actual versus expected analysis, and document the results for review.
Requirements:
  • University Degree in Mathematics, Computing or similar subject area and/or relevant professional qualification.
  • 3+ years of reserving or reporting experience, ideally within a Lloyd's Syndicate.
  • Current Lloyd's market knowledge, including Solvency II.

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