Senior Actuarial Consultant

4 days ago


London, Greater London, United Kingdom The Emerald Group Full time
About The Emerald Group

We are a leading insurance consulting firm that provides expert advice on actuarial matters. Our team of experienced professionals works closely with clients to deliver high-quality services.

Job Title: Senior Actuarial Consultant - Insurance Reserving Expert

Salary: £60,000 - £80,000 per annum based on experience and qualifications.

Job Description:

Role Overview:

This is an exciting opportunity for a senior actuarial consultant to join our London-based team. You will work as part of a multi-disciplinary client engagement team to deliver high-quality actuarial work, including external audit assignments, reserve reviews, Solvency II actuarial reporting, IFRS 17 transition assessments, capital calculations, and merger and acquisition due diligence analysis.

Main Responsibilities:

  • Work as part of a client engagement team to deliver high-quality actuarial work on external audit assignments, including reserve reviews and Solvency II actuarial reporting.
  • Reserve for clients in personal lines as well as the Lloyd's / London Market, including Lloyd's Statements of Actuarial Opinion and Solvency II Technical Provisions.
  • Calculate SCRs using the Standard Formula approach.
  • Conduct other ad hoc work across reserving, capital modeling, and pricing, including advisory assignments, internal audits, and due diligence.

Requirements:

To be successful in this role, you will need to have:

  • Part-qualified Actuary making good progress through the actuarial exams.
  • 2-4 years of UK general insurance experience in reserving.
  • Experience in capital modeling and/or pricing would also be beneficial.
  • Experience with using reserving and/or capital modeling software tools.

Benefits:

The Emerald Group offers a competitive salary and benefits package, including:

  • Opportunities for professional development and growth.
  • A collaborative and supportive team environment.
  • Flexible working arrangements.

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