Overview
Senior Actuarial Reporting Analyst – fixed term contract (6 months) in the City of London with hybrid working 2-3 days per week. Munich Re Specialty – Global Markets (MRS-GM) is looking for a Senior Actuarial Reporting Analyst to join the team, focusing on local (Lloyd’s) and group (Munich) reserving and reporting requirements, with involvement in the development of the reporting infrastructure and MI and process automation.
We are building a culture where people are present, bold and curious to achieve their goals. For more information, please see our website.
Senior Actuarial Reporting Analyst
Responsibilities
* Undertake the actuarial delivery of Lloyd’s reporting processes, including leading the QMB reporting Lloyd’s and supporting other reporting requirements (e.g., Solvency II – QSR, ASR, TPD, etc.) and QMA.
* Undertake elements of the actuarial delivery of Munich reporting processes, including Solvency II TPs, quarterly reporting (Actuarial Day, Outliers, IBLC, AvE) and annual reporting (e.g., MYA), and review others. Ensure results align with Group requirements and reporting timetable; review the work of others.
* Perform or review work underlying international regulatory returns (e.g., US Trust Funds, Singapore MAS returns).
* Prepare information for the Group quarterly reporting process (e.g., AvE reporting, major loss reporting, ultimate premium & loss forecasts).
* Review and/or peer review the reporting work performed by others; share feedback to support team development.
* Assist with actuarial reports such as the Actuarial Function Report and Annual Reserve Report.
* Gain familiarity with the data warehouse and underwriting, claims and reinsurance systems. Extract and analyse data using SQL for varied purposes.
* Contribute to ongoing improvement and automation of the reporting process in collaboration with Actuarial, Finance, Underwriting and other business areas.
* Liaise with the IFRS17 project team to understand IFRS17 requirements in the live BAU environment and assist with developments as needed.
* Contribute to other actuarial reserving and reporting tasks as needed.
Knowledge And Skills
* Knowledge and understanding of IFRS17 reporting requirements, as well as Solvency II and UK GAAP.
* Experience in an actuarial reporting role, ideally in the London Market.
* Strong understanding of insurance and reinsurance principles.
* Highly developed mathematical/statistical knowledge.
* Experience with actuarial modelling techniques and applications for financial reporting.
* Experience in developing junior members of an actuarial team.
* Willingness to further increase knowledge of reserving and reporting topics and develop technical and management skills.
* Interest in automation of actuarial processes to meet accelerated timetables.
If you are excited about this role but your experience does not align perfectly with everything outlined, or you don’t meet every requirement, we encourage you to apply anyway. You might be the candidate we are looking for!
Diversity, Equity & Inclusion
Munich Re values diversity, equity, and inclusion as drivers of innovation and resilience. We strive to build a diverse workforce and provide equitable opportunities to succeed. All candidates can request reasonable adjustments at any point in the recruitment process by contacting Talent Acquisition.
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Our ESG approach aims to deliver holistic environmental, social and governance impacts, including supporting local initiatives and volunteering opportunities for colleagues. Learn more about sustainability at Munich Re – choose your impact!
#BePresent #BeBold #BeCurious
Seniority level
* Mid-Senior level
Employment type
* Full-time
Job function
* Finance
* Industries: Insurance
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