Actuarial Reserving Role - P&C Insurance

Work as a core member of the actuarial team and contribute to make it a center of excellence

- Analyze the historical claims data and identify potential issues and trends and document the findings

- Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.

- Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients

- Review data, methodologies, assumptions, results and benchmark against market

- Reconcile results from previous year and compare with clients- results

- Review Nonlife pricing models and carry out bespoke modeling

- Assist with Solvency II Technical provisions actuarial reviews for PRA submission requirements

- Validate consistency across regulatory submissions

- Assist client with understanding and implementing the new regulations e.g. Solvency II, IFRS, etc.

- Provide transaction and due diligence support to the client

- Provide assistance with actuarial system transformation

- Assist with actuarial review of Economic capital requirements

- Make proper commentary on the results/findings and prepare the summary report

- Assist senior members of the team in day-to-day management activities including MI reporting

- Actively participate in engagement team meeting

- Communicate with engagement managers/Directors/partners in UK and build strong professional relationship

- Provide regular updates to stakeholders