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RESERVING ANALYST

Salary

£40,000 - £55,000

Location

London

Date Posted

2 weeks ago

Since our establishment in 2002, HFG has become a go to name for recruitment in the Insurance industry, recognising and embracing the unique aspects of each segment; Life Insurance, General Insurance, Re-insurance, Broking and the Lloyd’s market. Our success has come from the hiring and first-class training of a strong mix of industry professionals and recruiters. We pride ourselves for sustaining a cohesive culture with a high retention rate and a pro-active attitude to employee engagement. Across all our practice areas HFG offers a full range of recruitment services including contingent, executive search, contract, interim and advertised selection.

Job description

Experience needed



RESERVING ANALYST

Reserving Analyst

Location: City of London

Sector: General Insurance

Reporting to: Head of Reserving

Contract Type: Permanent

Hours: Full Time

Salary: £40,000 – £55,000 basic P/A

Further Information

My client, a leading Lloyd’s syndicate, is searching for a bright and presentable part-qualified actuary to join their divisional stroke central reserving team.

Key Responsibilities:

  • Estimating ‘best estimate’ claims and premium reserves for one or more divisions
  • Preparation of reserving summaries and associated process documentation
  • Preparation of year-end SAO’s and accompanying reports as required by Lloyd’s and the PRA.
  • Analysis of Lloyd’s market data for benchmarking purposes
  • To support the business planning process whilst feeding in knowledge acquired during quarterly reserving exercise.
  • Calculation of Technical Provisions for Solvency
  • Provide inputs to the Capital Model
  • Input/support for Actuarial Function Reports and other reports as needed
  • Support risk management

Skills & Experience:

  • 1-2 years in GI actuarial
  • Progress steadily through the actuarial exams
  • 2:1 or above in a numerate subject
  • Strong A-level results, including A in Mathematics
  • Strong IT skills, especially Excel, VBA and/or SQL
  • Excellent communication/interpersonal skills

Also Offers:

  • Full study support.
  • Above market rate bonuses.

Contact

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