Actuarial Analyst

Job Type:
Job Sector:
General Insurance
London / Remote
£50,000 to £70,000 per annum
AMC Insurance Appointments Ltd
Job Ref:

Our client is looking for an Actuarial Analyst to join them on a permanent basis in their London and they have a hybrid working model with a minimum of 2 days working in the office.

Reporting to the Actuarial Manager, this is a non-life reserving and capital management role with the opportunity to get involved in pricing and broader analytical work across the business.
The Analyst will drive the quarterly reserving and technical provisions process across the company and its branches. A key objective of this role is to expand the company’s reserving analysis and provide new ways of looking at the business. More broadly, this role is instrumental to the continuing development and expansion of the actuarial department’s capabilities and influence within the organisation.

Primary Responsibilities of Role include:
• Lead all aspects of quarterly reserving process including data preparation and validation, actuarial analysis and written report preparation.
• Quarterly preparation of Solvency II technical provisions.
• Provide support to the company’s capital calculation and ORSA process.
• Support preparation of regular and ad-hoc regulatory information requests.
• Review/challenge current reserving methods and make proposals for new/additional approaches.
• Liaison with internal and external auditors with a view to improving on best practice and to achieve smooth audit processes and successful results.

Knowledge / Qualifications required:
• Nearly/newly-qualified Actuary with at least 2-3 years’ experience ideally gained in non-life insurance markets.
• Practical reserving experience including Solvency II technical provisions.
• Programming skills in R or Python, or an interest in developing these.
• Knowledge of the regulatory framework applying under Solvency II

Contact Details:
AMC Insurance Appointments Ltd
Tel: 020 7621 1800
Contact: Chris Croucher

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