Executive - Non-Life Actuarial

Job Description

We are recruiting a Non-life (General Insurance) Executive in the Actuarial Services team. The responsibilities of Senior will include:

• 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 and discuss solutions to potential problem areas