Head of Reserving Allocations
3 months ago
Head of Reserving Allocation
Location flexible: London, Dublin, or Paris
We invent the new to help the world move forward. Combining powerful analytics and deeper insights with bigger ideas and innovative solutions, we free up our clients’ potential, thereby fulfilling our own. Take it seriously. Make it fun. Know it matters.
Currently at AXA XL, we perform in-depth reserving analysis twice a year, for the Half-Year and Full-Year booking exercises. The reserving analysis is done at the Reserve Class level.
The actuarial reserving is done for each reserve class in total for the AXA XL division.However, this may need to be further split into various granularities for management, additional financial, legal and regulatory reporting purposes.
As part of our drive for continuous improvement in processes, Actuarial Finance Reporting (AFR) have developed a sophisticated solution to allocate IBNR from Reserve Class to any reporting grain. This is in addition to the existing allocation solution and will enable enhanced management information, facilitate better and faster business decisions and easier complement some financial, legal and regulatory reporting.
DISCOVER your opportunity
The role of Head of Reserving Allocations is a newly created role to support the enhanced work on allocations that has been developed.The successful candidate will be expected to lead the allocations actuarial work, at any level (branch, marketing segment, geography), ultimately at the policy level and to develop actionable insights from analysing the policy level data.
In total, there will be a team of six people working directly on allocations, additionally to the Head of Allocations, a 5 FTE Allocation team will be located in India. The team will work closely with a number of stakeholder groups.A Steering Committee will oversee the work of the allocations team.
Within the Actuarial Financial Reporting department, this role will report directly into the Chief Actuary, APAC & Europe.
The Key stakeholders
The Head of Reserving Allocation will have three key stakeholder groups:
The Allocations Steering Committee who agree the priorities of the Head of allocation and the allocations team; The5 FTE Allocations team; Actuarial Financial Reporting department.What are the key responsibilities of the Head of Reserving Allocation?
The Head of Reserving is responsible for:
Leading the implementation of the new allocations approach; Researching and development on allocations to ensure the optimal approach; Facilitating and guiding the allocations team in managing daily priorities, coordinating work, and communicating with all stakeholders; Setting the priorities for the team for each quarter and have these priorities approved at SteerCo; Engage effectively with the various stakeholders and work collaboratively to build a common view on allocations; Oversee the analytics of the policy level allocation and develop actionable insights Persuasively present the analytics and actionable insights to senior leaders, both within and outside of Actuarial Financial Reporting Assess data quality issues and work with the responsible functions to improve data quality.SHARE your talent
We’re looking for someone who has these abilities and skills:
Qualified Actuary Significant post-actuarial qualification experience in an insurance company and/or actuarial consultancy. Excellent analytical and modelling capabilities with research and problem-solving skills. A high degree of actuarial technical skills Exceptional communication skills – tailored for senior stakeholders within and outside of the actuarial function Ability to handle multiple priorities and tight deadlines and be responsible for priorities and deadlines for others. Capability to work in a multi-cultural environment with correspondents located in the US, India, the UK, Ireland and France Ability to work with minimum supervision and problem-solving ability. Experience of statistical analysis software or predictive modelling will be an added advantage. Ability to work independently and as part of a team. Ability to review work of others for accuracy and completeness. Innovative and results orientated. Technical expertise in ResQ, SQL. Experience in Power BI would be an added advantage.FIND your future
AXA XL, the P&C and specialty risk division of AXA, is known for solving complex risks. For mid-sized companies, multinationals and even some inspirational individuals we don’t just provide re/insurance, we reinvent it.
How? By combining a comprehensive and efficient capital platform, data-driven insights, leading technology, and the best talent in an agile and inclusive workspace, empowered to deliver top client service across all our lines of business − property, casualty, professional, financial lines and specialty.
With an innovative and flexible approach to risk solutions, we partner with those who move the world forward.
Inclusion & Diversity
-
Head of Reservations Manager
4 weeks ago
London, Greater London, United Kingdom Public House Head Office Full timeJob Title: Head of ReservationsJob Summary:We’re seeking an experienced Head of Reservations to oversee daily reservations across our London and Cotswolds venues at Public House Head Office. As a key member of our hospitality team, you will be responsible for managing all aspects of reservations, from initial inquiries to final service.Key...
-
Head of Reserving
2 weeks ago
London, United Kingdom Vallum Associates Full timeJob Description Head of Reserving – Reserving – London – Hybrid – Salary up to £170,000 I am currently working with a growing Lloyds Market Syndicate who are looking for a Head of Reserving to join and head up their current team of 4. They are looking for someone that understands a range of business lines as well as someone to make Reserving their...
-
Head of Reserving
3 days ago
London, United Kingdom Vallum Associates Full timeHead of Reserving – Reserving – London – Hybrid – Salary up to £170,000I am currently working with a growing Lloyds Market Syndicate who are looking for a Head of Reserving to join and head up their current team of 4. They are looking for someone that understands a range of business lines as well as someone to make Reserving their own!This position...
-
Head of Reserving
2 weeks ago
London, United Kingdom Vallum Associates Full timeHead of Reserving – Reserving – London – Hybrid – Salary up to £170,000I am currently working with a growing Lloyds Market Syndicate who are looking for a Head of Reserving to join and head up their current team of 4. They are looking for someone that understands a range of business lines as well as someone to make Reserving their own!This position...
-
Head of Reserving
6 days ago
London,, UK, United Kingdom Vallum Associates Full timeHead of Reserving – Reserving – London – Hybrid – Salary up to £170,000I am currently working with a growing Lloyds Market Syndicate who are looking for a Head of Reserving to join and head up their current team of 4. They are looking for someone that understands a range of business lines as well as someone to make Reserving their own!This position...
-
Head of Reserving
5 days ago
London Area, United Kingdom Vallum Associates Full timeHead of Reserving – Reserving – London – Hybrid – Salary up to £170,000I am currently working with a growing Lloyds Market Syndicate who are looking for a Head of Reserving to join and head up their current team of 4. They are looking for someone that understands a range of business lines as well as someone to make Reserving their own!This position...
-
Head of Reserving
2 weeks ago
London Area, United Kingdom Vallum Associates Full timeHead of Reserving – Reserving – London – Hybrid – Salary up to £170,000I am currently working with a growing Lloyds Market Syndicate who are looking for a Head of Reserving to join and head up their current team of 4. They are looking for someone that understands a range of business lines as well as someone to make Reserving their own!This position...
-
Head of Reserving
3 weeks ago
London, United Kingdom HFG Insurance Recruitment Full timeWe have partnered with a rapidly growing Lloyd's business to find them a Head of Reserving working closely with one of the market's most highly rated Chief Actuaries. This is a great opportunity to take ownership of a newly created role and make a huge impact from day one across their Re/Insurance books.Carrying out quarterly reserving, financial reporting...
-
Head of Reserving
3 weeks ago
London, United Kingdom HFG Insurance Recruitment Full timeWe have partnered with a rapidly growing Lloyd's business to find them a Head of Reserving working closely with one of the market's most highly rated Chief Actuaries. This is a great opportunity to take ownership of a newly created role and make a huge impact from day one across their Re/Insurance books.Carrying out quarterly reserving, financial reporting...
-
Head of Reserving
2 weeks ago
London, United Kingdom HFG Insurance Recruitment Full timeJob Description We have partnered with a rapidly growing Lloyd's business to find them a Head of Reserving working closely with one of the market's most highly rated Chief Actuaries. This is a great opportunity to take ownership of a newly created role and make a huge impact from day one across their Re/Insurance books. Carrying out quarterly...
-
Head of Reserving
3 weeks ago
London, United Kingdom HFG Insurance Recruitment Full timeWe have partnered with a rapidly growing Lloyd's business to find them a Head of Reserving working closely with one of the market's most highly rated Chief Actuaries. This is a great opportunity to take ownership of a newly created role and make a huge impact from day one across their Re/Insurance books.Carrying out quarterly reserving, financial...
-
Head of Reserving
3 weeks ago
London, United Kingdom HFG Insurance Recruitment Full timeWe have partnered with a small Lloyd's syndicate to find them a Head of Reserving to assist their Chief Actuary. This role will be predominately Reserving focused with the opportunity to gain some exposure in other areas. The ideal applicant for this role will have three years experience post FIA and at least 3 years reserving experience. For more...
-
Head of Reserving
6 months ago
London, United Kingdom HFG Full timeWe have partnered with a small Lloyd's syndicate to find them a Head of Reserving to assist their Chief Actuary. This role will be predominately Reserving focused with the opportunity to gain some exposure in other areas. The ideal applicant for this role will have three years experience post FIA and at least 3 years reserving experience. For more...
-
Head of Reserving
3 weeks ago
London, UK, United Kingdom HFG Full timeWe have partnered with a small Lloyd's syndicate to find them a Head of Reserving to assist their Chief Actuary. This role will be predominately Reserving focused with the opportunity to gain some exposure in other areas. The ideal applicant for this role will have three years experience post FIA and at least 3 years reserving experience. For more...
-
Head of Reserving
2 weeks ago
London, United Kingdom HFG Insurance Recruitment Full timeWe have partnered with a small Lloyd's syndicate to find them a Head of Reserving to assist their Chief Actuary. This role will be predominately Reserving focused with the opportunity to gain some exposure in other areas. The ideal applicant for this role will have three years experience post FIA and at least 3 years reserving experience. For more...
-
Allocator
6 months ago
London, United Kingdom Crew Clothing Head Office Full time**Allocator** At Crew Clothing, we believe clothes are about so much more than “just clothes”. Designed with the spirit of the south coast in every stitch, our crossed oars are a mark of timeless British style. These are clothes for life’s best moments. We believe in collaboration, kindness and creativity, in celebrating our successes and championing...
-
Head of Reserving
2 weeks ago
London, United Kingdom HFG Insurance Recruitment Full timeJob Description We have partnered with a small Lloyd's syndicate to find them a Head of Reserving to assist their Chief Actuary. This role will be predominately Reserving focused with the opportunity to gain some exposure in other areas. The ideal applicant for this role will have three years experience post FIA and at least 3 years reserving...
-
Central Reservations Agent
6 months ago
London, United Kingdom Coppa Club Head Office Full timeWe have an exciting new opportunity for an experience restaurant **reservations agent** to join our Central Reservations Team. The Reservations Office is open **7 days a week from 9am - 9pm** and is **based at VEL head office in London Bridge**. As the office is open 7 days a week this means there will be regular weekend’s involved - To ensure that all...
-
Central Reservations Agent
6 months ago
London, United Kingdom Coppa Club Head Office Full timeWe have an exciting new opportunity for an experience restaurant **Reservations Agent** to join our Central Reservations Team. The Reservations Office is open **7 days a week from 9am - 9pm** and is **based at VEL head office in London Bridge**. As the office is open 7 days a week this means there will be regular weekend’s involved - To ensure that all...
-
Reservations Agent
6 months ago
London, United Kingdom CHL Head Office - Maintenance Full timeAn exceptional opportunity has arisen for a passionate Reservations Agent be part of the Team at Criterion Hospitality. **As Reservations Agent, you will**: - Maximize revenue opportunities in the areas of reservations, by driving sales leads and increasing conversions. - Manage the daily operations and efficient running of the reservation team and the...
