Manager: Reserving

Support business initiatives as required including analyses to support an opinion on the appropriateness of reserves being held in due diligence exercises.

• Manage financial month-end processes and prepare manual journals as necessary.

• Develop, implement and refine reporting processes to ensure timely and accurate distribution of relevant management and financial reporting information to business segments.

• Responsible for reserving Technical Actuarial Review Forums.

• Develop, implement and maintain the reserving policy and processes.

• Provide support on other actuarial projects including development patterns for use in rate reviews provided to pricing teams.

Continuous improvement to ensure effective service

• Ensure statutory and legislative knowledge is always current in order to resolve complaints, to advise the business on corrective solutions to mitigate risks and to improve the customer experience whilst complying with governance requirements.

• Ensure adherence to organisational policies, practices and procedures.

• Identify solutions to enhance cost effectiveness and increase operational efficiency.

Service delivery to ensure customer satisfaction

• Maintain service, quality and desired outputs across the business process by ensuring compliance to tactical policies, procedures and standards.

• Establish productive operational relationships with key stakeholders in the various channels and administrative teams.

• Develop work routines in line with operational plans / schedules in order to manage achievement of service delivery goals.

• Share knowledge on, and participate in the creation of new standards, control systems and procedures to maintain service delivery.

Ensure cost efficiency through financial and corporate governance

• Contribute to the development and implementation of fit for purpose budgets.

• Manage supplier relationships, and budgets associated with projects.

Manage quality people practices

• Align own behaviour with the organisation culture and values.

• Share and transfer product, process and systems knowledge to colleagues and team members.

• Collaborate and work with the business to deliver required service levels.

Bachelor’s degree in Actuarial Science.

5 – 8 years’ experience in Actuarial reserving in short term insurance.

2 – 3 years’ experience leading a team of actuaries.

Strong knowledge of SAM/Solvency II/Technical provisions.

VBA, ResQ and/or SAS experience would be advantageous