Job Title: Reserving Actuary – Personal Lines
Location: London (hybrid – one day a week in the office)
Welcome to Hastings Direct
We’re a digital insurance provider with ambitious plans to become The Best and Biggest in the UK market. We’ve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture.
We provide insurance for over four million customers, but we know there’s even bigger opportunity out there. We understand some people may not apply for jobs unless they feel they tick every box. If you’re excited about joining us and think you have some of what we’re looking for, even if you’re not 100% sure we would love to hear from you.
Role overview
As we grow our Home Insurance book within Hastings Direct, we are now seeking an experienced Reserving Actuary to expand our Reserving team and take on the responsibility for the production of reserve estimates, trend insights and regulatory reporting.
Job details – you’ll need to have demonstrable experience in:
* Leading the provision of Home reserving analyses, including formal quarterly valuations and presentations
* Input to pricing forums, business planning and financial forecasting processes
* Leading the conduct and reporting of formal quarterly claims reserve reviews
* Identifying areas for improvement and refinement of processes
* Engaging effectively with auditors (internal and external), advisers, shareholders and service providers on claims reserving and other actuarial matters
* Working with underwriting, pricing and claims teams, particularly in respect to providing insights on claims and reserving trends that are relevant for Pricing decisions
Essential skills/experience:
* Extensive experience within a similar actuarial role – ideally with some experience in home reserving
* Knowledge of ResQ, latest developments and industry practice regarding modelling techniques
* Strong communicator and relationship builder– able to effectively discuss with a variety of stakeholders, taking into account differences in knowledge, technical proficiency and expectations
* Proven experience of being able to explain and justify the use of expert judgement at arriving at conclusions
The interview process:
* Recruiter screening call
* 1st stage interview with hiring leader
* 2nd interview with hiring leaders leader
As a Disability Confident employer, we’re committed to ensuring our recruitment processes are fully inclusive. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status.
Benefits: in addition to a competitive salary and £5k car allowance you will also receive flexible working, competitive bonus scheme, physical wellbeing, financial wellbeing, and mental wellbeing programme.
We focus on getting it right for our colleagues, customers, company and community. As one of our colleagues, you’ll be helping to drive our growth, so in return, we’ll give you all the support, training and development you need.
Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons.
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