This list contains only the countries for which job offers have been published in the selected language (e.g., in the French version, only job offers written in French are displayed, and in the English version, only those in English).
Own and enhance areas of the Solvency II technical provisions process, for quarterly and annual reporting
Understand and effectively communicate the drivers of movements in Solvency II technical provisions, including writing reports on a quarterly basis to explain movements to senior stakeholders
Perform (as required) the quarterly technical provisions valuations, validations, and reporting requirements, adhering to the required standards and ensuring technical provisions deliverables are met
Ensure the appropriate review of technical provisions and reporting requirements occurs prior to external submission and that submissions are made to high standard in a timely manner
Contribute to the maintenance of documentation with the required frequency, adhering to the review requirements and obtaining the appropriate sign-offs
Contribute to reporting the results of actuarial valuations and analyses to the relevant stakeholders and committees
Peer review colleagues' work to provide quality assurance
Support the work of external actuaries as required
Assist in other projects undertaken by the actuarial team e.g. M&A and business planning analyses
Build and maintain constructive working arrangements with those groups identified as being key to your role
Operate as an effective team member by supporting colleagues and contributing to the delivery and achievement of overall team and business objectives
Provide support and mentoring to the assistant reporting actuaries
Become a technical expert and trusted advisor for management on Solvency II technical provisions and related matters
Keep abreast of industry best practice, new initiatives and changes in regulatory requirements
Identify opportunities and deliver improvements in the valuation processes and methodologies
Undertake applicable professional, technical and career development training (delivered internally and externally)
Work with other reporting teams at Beazley to understand how different sets of accounts are prepared to ensure consistency
Requirements:
University degree in Mathematics or related field
Hold or are close to completing an Actuarial qualification
Firm grasp of actuarial valuation techniques, including those used within pricing and capital modelling
Understanding of reinsurance and its impact on reserving
General commercial and financial knowledge
Competent user of MS Excel
Strong analytical skills with attention to detail
accurate and numerate
Able to communicate effectively both verbally and in writing
Team worker as well as able to work on own initiative
Ability to manage time, work on a number of tasks in parallel, meet deadlines and prioritise
Proven reserving experience
Good knowledge of technical provisions for Solvency UK, Solvency II and Bermuda Monetary Authority (BMA) preferred
Outcome focused, self-motivated, flexible and enthusiastic
Professional approach to successfully interact with team members, internal and external stakeholders
Nice to have:
VBA, Access, SQL, SAS and R skills desirable
Experience in analytics / visualisation tools desirable