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Job Description

A top UK insurer is seeking a talented qualified/nearly qualified Actuary to manage a team within a diverse and varied function. The focus for the team is predominantly the provision of second line review to all first line workflows including pricing, reserving and capital as well as the delivery of all statutory actuarial requirements reporting directly in to the Chief Actuary, you will be instrumental in the development of the team and performance of the actuarial department.

This is a highly developmental position in which you will work closely with the Chief Actuary, the long term view is that you will grow within the role and develop towards a senior management position.

Key responsibilities:

  • The delivery of the statutory actuarial function requirements covering opinion on underwriting and reinsurance, coordination of the calculation of technical provisions and supporting the implementation of the risk management framework.
  • The independent validation of the internal Model in line with Solvency II requirements.
  • Second line review as required by the Chief Actuary or Chief Risk officer across pricing, reserving, capital or any other are of risk as required.
  • Recommending improvements to current practices where appropriate and driving forward innovation and positive change.
  • Supporting the Chief Actuary and stakeholders in delivering the actuarial strategy for the business.
  • Leading, managing and developing other members of staff.

Key requirements:

  • Proven background in pricing, reserving and capital modelling within GI.
  • Experience in reporting and providing recommendations to senior management.
  • Experience in leading or managing a team, or the right attitude and an aspiration to do so.
  • Educated to degree level in a mathematically related subject.
  • Must be a qualified Actuary, or very nearly qualified.

If you are interested in this role please apply below or contact me for more information.