Deliver quarterly reserving advice, input into business planning, reserve variability and business partnering.
* Category: Actuarial
* Type: Permanent
Responsibilities:
1. Reserving: Perform the forecasting of technical provisions, reserve margins and reserve uncertainties to support business analysis/MI for reports and accounts, business planning, profitability studies and commutations.
2. Portfolio performance monitoring: Perform the development and provision of underwriting statistics to Actuarial team/Finance/Board/Underwriters in order to provide appropriate management information. Including performance to business plan.
3. Pricing: Perform the development of pricing tools and rates and the review of premium/rating methods to ensure that methods adopted by the business are robust/valid
4. Business planning: Participate in/support the business planning process including collection and analysis of information, development of tools and reports to ensure that best practice is followed.
5. Reinsurance: Perform the analysis of reinsurance options and the support of reinsurance purchases as required to make best possible use of Reinsurance Purchases
6. Nearly/Newly Qualified Institute and Faculty of Actuaries or equivalent body
7. Strong skills in Excel and other analytical tools. Ability to develop sophisticated models to address business needs
8. Strong abilities in the use and interpretation of numerical data
9. Ability to organize own work to meet deadlines
10. Ability to work within defined procedures
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