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Head of Reserving

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Salary: Not Specified


Greater London, London

Job Advertiser

PCB Care
Registered: 17 Jul '14
Postings: 22
Followers: 0, Following: 0

Job Reference: 14984/001

Job Duration:

Start date: ASAP

Description:

Head of Reserving | Gibraltar or London Based| Salary £6 figure package plus relocation





SRGEurope are excited to present an opportunity for an experienced Headof Reserving, ideally candidates will be a qualified (or near qualifying) Actuary.



The Role



You will be workingwith the insurance CEO to set up and be responsible for our client's internal reserving function. You will lead quarterly reserve reviews and work with internal and external stakeholders to communicate results to the board. You will be responsible for managing relationships with the external independent actuaries and auditors. As the Actuarial function holder the Head of Reservingwill be responsible for completing the annual actuarial function holder report under Solvency II and contribute to the capitalmodelling process.



If you are an experienced Actuary qualified Head of Reserving and looking to take the next step in your career then this could be the role for you.



What's on offer to you?



* Salary c£100 -110,000k plus Bonus andBenefits
* Working alongside key decision makers in this FTSE 100 company
* Gibraltar based candidates (will offer relocation if required)
* Real career enhancing opportunity



What You Will Be Doing



* Conducting quarterly reserve reviews on both the motor and household accounts
* Reporting of reserving results to our clients Board, along with reinsurers/ co- insurers.
* Prepare claims, exposure and premium data for reserving, taking responsibility for reconciliation checks
* Have full oversight of the external reserving activities conducted by our external independent actuaries
* Facilitate the actuarial aspects of the annual external audit
* Oversight of Solvency II capital requirements, supporting the Capital and Solvency II processes
* Work closely with the pricing team, to ensure reserving outcomes are fed into pricing
* Work closely with theclaims team to understand any changes in claims handling processes and their effects on the reserves



What You Will Needto Succeed In This Role



* Be a fully or nearly qualified Actuary.
* Have detailed knowledge of personal lines reserving.
* Be able to set up a reserving process, automating as much as possible.
* Be proficient at ResQ, SAS / SQL (or other programming language) and Excel
* Have strong influencing and communication skills.
* Have a minimum of 5 years insurance experience, particularly in reserving personal lines products.



If you are an experienced Head of Reserving, and this is thechallenge that you are looking for in your career, get in touch with me today.



To Apply



Please click on the 'apply' button and upload your CV and a Cover Letter or alternatively contact Angelique Pearson, Managing Director by email angelique.pearson@srgeurope.com or call Gibraltar +350 200 69999.



Why Gibraltar





Gibraltar is a British OverseasTerritory on the edge of the Iberian Peninsula neighbouring Southern Spain. It boasts 300 days of sunshine per year, a relaxedout of work lifestyle and is easily accessible to the rest of Europe from Gibraltar and Malaga airports. The primary currency inGibraltar is pounds/sterling and there are excellent English speaking schools if you are relocating with your family. We will help you with your relocation process about which you can read here: https://www.srgeurope.com/working-in-gibraltar/relocating-to-gibraltar.





Key skills: Actuary | Reserving | Pricing | Insurance | Personal Lines Reserving

Industry: Insurance

Salary: Competitive Salary + Benefits

Salary Benefits: Competitive Salary + Benefits

Vacancy Type: Permanent

Job Skills: Key skills: Actuary | Reserving | Pricing | Insurance | Personal Lines Reserving

Contact Name: Angelique Pearson

Website: -

Direct Application URL: -

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Position Details

Advert Ref: #2943932
Posted: 02 Aug '21
Visits: 29