Senior Reserving Analyst

3 weeks ago

London, Greater London, United Kingdom Hiscox Full time
About the Role

We are seeking a highly skilled Senior Reserving Analyst to join our Group Reserving team. As a key member of the team, you will be responsible for developing and maintaining reserving policies, standards, and systems, as well as managing the quarterly group process to collate entity-level analysis and communicate results to senior management and key stakeholders across the business.

Key Responsibilities
  1. Partner with key stakeholders across the business to provide new insights and add value.
  2. Contribute to the delivery of group processes and papers on a quarterly basis, including collation of entity-level reserving results into group reports and analysis, preparation of Group audit committee papers, and timely delivery of early-view 'flash' financial results for the Group CFO.
  3. Deliver annual EBS BMA technical provisions and report for Group and the Hiscox Bermudian entity, to feed into the BSCR process.
  4. Coordinate reserve risk inputs and assumptions.
  5. Prepare materials for rating analysts on Group reserves.
  6. Respond to ad hoc requests from management, regulators, and auditors as required, including liaising with external actuaries.
  7. Proactively contribute to the design and implementation of enhancements to existing processes and the creation of new reserving modeling tools and processes.
Requirements
  • Minimum 2:1 degree.
  • Part/Nearly qualified Actuary with a focus on reserving.
  • As a guide, 2-4 years of non-life industry experience.
About Hiscox

Hiscox is an international specialist insurer that is far removed from the world of mass market insurance products. We are selective and focus on our key areas of expertise and strength, underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting, and we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good, and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo, and look for solutions.

At Hiscox, we care about our people and are committed to diversity and creating a truly inclusive culture, which we believe drives success. We have introduced hybrid working to encourage a healthy work-life balance, allowing you to manage your own personal work-life balance and enjoy the best of both worlds.

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