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Work alongside the Head of Reserving and wider Actuarial team to manage the Reserving processes, both GAAP and ultimate, and performance management across the Managing Agency
Job Responsibility:
Assisting the Head of Reserving to perform the quarterly reserving for lines of business for the Syndicates under management
Understand and help develop Reserving MI that can be used across the business to understand key trends
Assess performance and highlight areas of concern and potential areas of remediation
Calculate and review reserve uncertainty/ranges and assist in communicating this to relevant stakeholders
Requirements:
Strong academic background: Numerate/Statistical degree and making good progress with Actuarial exams
Insurance/Commercial Knowledge: Some experience across particular products and/or lines of business written at Beat and some knowledge of Lloyd’s market is desirable
IT Skills: Competent user of MS Excel
VBA, Access, PowerBI and general coding skills desirable
Knowledge of reserving software such as ResQ/InsurSight highly desirable