Senior Actuarial Reserving Specialist

2 months ago


Haywards Heath, West Sussex, United Kingdom First Central Insurance Management Ltd Full time
About the Role

We are seeking a highly skilled Senior Actuarial Reserving Analyst to join our Finance team at First Central Insurance Management Ltd. As a key member of our team, you will play a critical role in providing analysis and insight on claims reserves, ensuring the accuracy and reliability of our reserving processes.

Key Responsibilities
  • Provide expert analysis and recommendations on claims reserves, ensuring the Best Estimate reserve figure is accurate and reliable.
  • Develop and enhance actuarial methods and diagnostic tools used in reserving analyses and monitoring of loss trends.
  • Collaborate with actuarial pricing teams and claims insight function to ensure a consistent Best Estimate view of ultimate reserves.
  • Lead data validation tasks, ensuring the accuracy of data used in reserving exercises and recommending process improvements where necessary.
  • Support the actuarial input into the monthly Skyfire Claims review meeting and monitor claims performance against expectation.
  • Contribute to the development of the technical provision model and assist with the calculation of the Events not in data (ENID) allowance.
  • Support internal capital modelling and contribute to the growth of intellectual capital within the actuarial reserving department.
Requirements
  • Minimum of 2 years core reserving experience involving practical application of actuarial methods and statistical techniques used in reserving.
  • Bachelor's degree in Actuarial Science, Mathematics, Statistics, or related field.
  • Strong analytical skills with aptitude for detail and ability to apply advanced problem-solving skills.
  • Good written and verbal communication skills.
What We Offer

We offer a dynamic and supportive work environment, with opportunities for professional growth and development. Our team is passionate about delivering exceptional results and making a positive impact on our business. If you are a motivated and experienced actuarial professional looking for a new challenge, we encourage you to apply for this exciting opportunity.



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