Actuarial Analyst
  £30,000 to £40,000
  Reigate, Surrey
  permanent,full-time

This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.


Actuarial Analyst – Personal Lines Insurance

£30,000 to £40,000

Redhill, Surrey

Barker Munro Insurance Recruitment are delighted to be working with a major Personal Lines Insurer who are expanding their Data Analytics Departments to recruit an Actuarial Analyst. One of the UK’s leading providers of personal lines providers for home and motor products.


PRINCIPAL ACCOUNTABILITIES

The Actuarial Analyst Function’s key responsibilities concern the fulfilment of the regulatory requirements of the function under Solvency II in conjunction with other activities whilst at all times seeking to enhance business performance through actuarial insight and analysis.

In addition, there are a number of key development objectives that the team are working on this year. Following expansion to the team, it is on a journey to make significant improvements to the processes and capabilities of its team members, through building enhanced models and using more sophisticated modelling techniques, implementing new tools and reporting suites, and ensuring a greater integration with the rest of the business.

This role of Actuarial Analyst is to provide support to the Actuarial team in the fulfilment of these responsibilities.

The Actuarial Analyst can expect to be involved in aspects of work concerning the following areas; the nature of which will be determined by the requirements of the function and the Actuarial Analyst’s skills and experience:

Reserving
The undertaking of internal reserve reviews across the Motor and Home portfolios.
The undertaking of reserve variability assessments.
The production of Solvency II technical provision assessments.
The reporting of the above to internal parties including Reserve and Audit Committees and the production of formal Actuarial Reports.
The development of process and methodology to seek to improve the efficiency, accuracy and communication of reserving outcomes.

Actuarial Opinions
The provision of Actuarial opinions on Underwriting and Reinsurance, working with other areas of the business as appropriate to inform these opinions.

Capital
The provision of support to the Risk function, in particular concerning the quantification of risk through Solvency II Internal model and Standard formula.
To provide support to the Risk function in the production of the ORSA and the Regulatory reporting function in terms of reporting of Actuarial components of regulatory reporting.

Business Performance
Through working with the business seek to bring actuarial insight to the forefront of business decision making with the aim of demonstrably improving business performance.
Supporting the Finance function with business planning and forecasting.
The development and enhancement of Management Information reporting in the context of the Actuarial Function whilst considering wider business use of such information.

Business liaison
The Actuarial Function maintains strong and effective relationships throughout the business. The communication of the outputs of the Actuarial Function in particular needs to be clear and informative and cater for the audience’s level of technical knowledge.

Actuarial Function governance
The application of appropriate governance frameworks and processes for the Actuarial Function, in particular data governance and risk management.


JOB KNOWLEDGE, SKILLS & EXPERIENCE

Student Actuary with medium level experience within general insurance, ideally with Retail UK Motor and Home business experience.
General insurance reserving experience essential
Progression towards actuarial qualification with CT exams completed / almost completed.
Good level of all round knowledge of general insurance company desirable operations including risk, finance, reinsurance, claims, underwriting.
Good level of experience and knowledge of Solvency II requirements of the Actuarial Function, in particular technical provisions.
Strong Excel model building skills including VBA coding.
The candidate must be well organised and have a logical approach, with attention to detail and excellent communication skills, specifically including the ability to explain complex concepts to non-technical audiences.
Strong teamwork and enthusiastic approach.
Excellent communication skills in order to relay work outcomes to business stakeholders.

If you feel you have the necessary skills and attributes for this position of Actuarial Analyst with a Top 10 Personal Lines Insurance Company please do not hesitate to send your CV to Barker Munro Insurance Recruitment using the links provided.

For all the latest news and jobs, follow us on Twitter @BarMunRecruit

By applying for this job you accept the T&Cs, Privacy Policy and Disclaimers which can be found at www.barkermunro.co.uk


Advertiser: Agency

Reference: BM13802

Posted on: 2023-01-22 09:15:10

Send me Alert for jobs in: 

Reigate, Surrey

Email Address

By creating a job alert, you agree to our Terms . You can change your consent settings at any time by unsubscribing or as detailed in our terms.

Similar Jobs:

Apprentice Claims Handler

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Apprentice Financial Crime Analyst

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Apprentice Business Analyst

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Apprentice Insurance Broker - Live Events

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Household Account Handler

  MW Appointments

  £25000.00 - £30000.00 per annum

  Bromley, Greater London

Apprentice Insurance Broker - Management Risk

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Actuarial Analyst
  £30,000 to £40,000
  Reigate, Surrey
  permanent,full-time

This Job Has Expired! This advert has now been deleted by the advertiser, the details below are for information only.


Actuarial Analyst – Personal Lines Insurance

£30,000 to £40,000

Redhill, Surrey

Barker Munro Insurance Recruitment are delighted to be working with a major Personal Lines Insurer who are expanding their Data Analytics Departments to recruit an Actuarial Analyst. One of the UK’s leading providers of personal lines providers for home and motor products.


PRINCIPAL ACCOUNTABILITIES

The Actuarial Analyst Function’s key responsibilities concern the fulfilment of the regulatory requirements of the function under Solvency II in conjunction with other activities whilst at all times seeking to enhance business performance through actuarial insight and analysis.

In addition, there are a number of key development objectives that the team are working on this year. Following expansion to the team, it is on a journey to make significant improvements to the processes and capabilities of its team members, through building enhanced models and using more sophisticated modelling techniques, implementing new tools and reporting suites, and ensuring a greater integration with the rest of the business.

This role of Actuarial Analyst is to provide support to the Actuarial team in the fulfilment of these responsibilities.

The Actuarial Analyst can expect to be involved in aspects of work concerning the following areas; the nature of which will be determined by the requirements of the function and the Actuarial Analyst’s skills and experience:

Reserving
The undertaking of internal reserve reviews across the Motor and Home portfolios.
The undertaking of reserve variability assessments.
The production of Solvency II technical provision assessments.
The reporting of the above to internal parties including Reserve and Audit Committees and the production of formal Actuarial Reports.
The development of process and methodology to seek to improve the efficiency, accuracy and communication of reserving outcomes.

Actuarial Opinions
The provision of Actuarial opinions on Underwriting and Reinsurance, working with other areas of the business as appropriate to inform these opinions.

Capital
The provision of support to the Risk function, in particular concerning the quantification of risk through Solvency II Internal model and Standard formula.
To provide support to the Risk function in the production of the ORSA and the Regulatory reporting function in terms of reporting of Actuarial components of regulatory reporting.

Business Performance
Through working with the business seek to bring actuarial insight to the forefront of business decision making with the aim of demonstrably improving business performance.
Supporting the Finance function with business planning and forecasting.
The development and enhancement of Management Information reporting in the context of the Actuarial Function whilst considering wider business use of such information.

Business liaison
The Actuarial Function maintains strong and effective relationships throughout the business. The communication of the outputs of the Actuarial Function in particular needs to be clear and informative and cater for the audience’s level of technical knowledge.

Actuarial Function governance
The application of appropriate governance frameworks and processes for the Actuarial Function, in particular data governance and risk management.


JOB KNOWLEDGE, SKILLS & EXPERIENCE

Student Actuary with medium level experience within general insurance, ideally with Retail UK Motor and Home business experience.
General insurance reserving experience essential
Progression towards actuarial qualification with CT exams completed / almost completed.
Good level of all round knowledge of general insurance company desirable operations including risk, finance, reinsurance, claims, underwriting.
Good level of experience and knowledge of Solvency II requirements of the Actuarial Function, in particular technical provisions.
Strong Excel model building skills including VBA coding.
The candidate must be well organised and have a logical approach, with attention to detail and excellent communication skills, specifically including the ability to explain complex concepts to non-technical audiences.
Strong teamwork and enthusiastic approach.
Excellent communication skills in order to relay work outcomes to business stakeholders.

If you feel you have the necessary skills and attributes for this position of Actuarial Analyst with a Top 10 Personal Lines Insurance Company please do not hesitate to send your CV to Barker Munro Insurance Recruitment using the links provided.

For all the latest news and jobs, follow us on Twitter @BarMunRecruit

By applying for this job you accept the T&Cs, Privacy Policy and Disclaimers which can be found at www.barkermunro.co.uk


Advertiser: Agency

Reference: BM13802

Posted on: 2023-01-22 09:15:10

I want to receive the latest job alerts for:

jobs in Reigate, Surrey

By creating a job alert, you agree to our Terms . You can change your consent settings at any time by unsubscribing or as detailed in our terms.

Similar Jobs:

Apprentice Claims Handler

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Apprentice Financial Crime Analyst

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Apprentice Business Analyst

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Apprentice Insurance Broker - Live Events

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Household Account Handler

  MW Appointments

  £25000.00 - £30000.00 per annum

  Bromley, Greater London

Apprentice Insurance Broker - Management Risk

  MW Appointments

  Up to £23000.00 per annum

  City of London, Greater London

Not logged in into Jobsinkent.com?


Log in or register here.

   Log in with your Google account



Copyright © 1999 - 2024 JIK SOFTWARE LTD