Market Analysis
Business Meeting 2
Typing on a Computer
Signing Contract

Reserving Actuary

Global Property

In this role as part of the Actuarial Financial Reporting team you will have responsibility for the Property line of a major global insurer. This is a senior and critical role covering a property portfolio with an annual net earned premium of approx. $1.5 billion. 

This is a critical strategic role which is key to the oversight of this $1.5bn Global property portfolio. You will opine on the profitability of the business, and report to the business and the management of the company on these results. You will be heavily involved in the setting of the budget loss ratio for various segments of this portfolio, including critical evaluation of their underwriting strategies.    

You work alongside actuarial teams based in London and India, working closely with the relevant members of those teams.  You will also have involvements with the worldwide underwriting teams responsible for these businesses, as well as interactions with their Pricing actuaries, the Claims team, the Ceded Re team and the Finance team.  

 

Key Responsibilities

The role will involve direct analysis of components of the business alongside oversight and challenge of other areas supported by team members in India and the UK offices. Key responsibilities will include: 

  • Quarterly Financial Reporting:

  • Bi-Annual Valuation Analysis

  • Regular Profitability Analysis 

  • Business Planning 

  • Legal Entity Support  

  • Special Projects

The Candidate

  • You will be a Qualified actuary (with many years’ experience) with relevant experience within the non-life insurance Industry, with a significant focus on reserving. This is a high-profile senior role, where you will be liaising regularly with the senior figures across the business. 

  • You should have the ability to manage multiple conflicting tasks and outputs. 

  • You should have strong verbal and written communication, collaboration and presentation skills. In particular, you should be able to communicate even negative or difficult messages in a constructive and effective manner at all levels. 

  • You should be able to demonstrate an in-depth knowledge of the businesses ensuring your various customers are able to understand the practical implications of your analyses and how the information provided can help them to make appropriate business decisions. 

  • You should be a strategic thinker capable of inventing, designing and building solutions.