Senior Actuarial Analyst - Personal Lines

40000.00 - 55000.00 GBP Annual + GBP40000 - GBP55000/annum Study Supp & Bonus
10 Mar 2017
24 Mar 2017
Contract Type
Full Time
Senior Actuarial Analyst - Personal Lines - Leading UK Insurer
Fantastic opportunity for an experienced actuarial analyst to join a leading personal lines insurer based in Surrey. Offering superb opportunities to develop and progress your career, alongside a competitive salary and benefits package.
Job Description
Working within the actuarial department of a major UK insurer, you will contribute across Reserving, Capital Modelling, Governance and Business Performance.

Your duties as an actuarial analyst will include but not be limited to the following:
• The undertaking of internal reserve reviews across the Motor and Home portfolios to produce an IFRS best estimate.
• The undertaking of reserve variability assessments.
• The production of Solvency 2 technical provision assessments.
• The reporting of the above to internal parties including Reserve and Audit Committees and the production of formal Actuarial Reports.
• The development of process and methodology to seek to improve the efficiency, accuracy and communication of reserving outcomes.

Actuarial Opinions
• The provision of Actuarial opinions on Underwriting and Reinsurance, working with other areas of the business as appropriate to inform these opinions.

• The provision of support to the Risk function, in particular concerning the quantification of risk through Solvency II Internal model and Standard formula.
• To provide support to the Risk function in the production of the ORSA and the Regulatory reporting function in terms of reporting of Actuarial components of regulatory reporting.

Business Performance
• Through working with the business seek to bring actuarial insight to the forefront of business decision making with the aim of demonstrably improving business performance.
• Supporting the Finance function with business planning and forecasting.
• The development and enhancement of Management Information reporting in the context of the Actuarial Function whilst considering wider business use of such information.

Actuarial Function governance
• The application of appropriate governance frameworks and processes for the Actuarial Function, in particular data governance and risk management.

The Successful Applicant
As an experienced Actuarial Analyst you will be somebody who has worked within an actuarial position for over 3 years within the UK general insurance industry, having worked on either home or motor reserving.

You will have a good level of knowledge of risk, finance, claims, reinsurance, underwriting and Solvency ll factors and requirements within the general insurance industry.

You will have skills using software such as SAS, and ResQ or as well as having advanced Excel and VBA model building skills.

??Part or fully Qualified Actuary
??2-4 years' experience within home or motor insurance in the UK
??First or 2:1 in relevant mathematic subject
??Experience with SAS, ResQ, Excel, VBA
??Clear and confident communicator, able to explain complex information to stakeholders at all levels

If you fit the above criteria and want a role within a growing department, where your analysis will make a positive difference to the overall success of the business, I would like to hear from you.
What's on Offer for the successful Senior Actuarial Analyst
Competitive base salary depending on experience, coupled with an excellent benefits package, study support, and bonus