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Support the UK Chief Actuary as part of the UK Actuarial Function, to manage and perform regular reserving exercises across a diverse range of business classes, and to build strong relationships with other functions in order to deliver UK and Group objectives.
Job Responsibility:
Management of reserving process for classes (specific classes will depend on experience but may include both US and UK longtail liabilities)
Support in reserving process across all lines of business including UK EL, US Asbestos, US Pollution, US Abuse, PPOs
Support in capital modelling including calculation of SII Standard Formula and bespoke ultimate capital modelling
Business partnering to help deliver key strategic objectives in areas such as commutations, claims analytics and claims initiatives
Requirements:
UK (or equivalent) qualified / part qualified P&C Actuary
at least 3-4 years of experience
strong reserving background, including experience of different actuarial techniques and communicating outcomes to non-actuarial functions
Nice to have:
Knowledge of reserving for legacy lines
Knowledge of SII Standard Formula / Internal Capital Models