Role: Reserving Actuary (9 month FTC)
Location: London
Position: Full time, Fixed Term
Our Reserving team has a key position in our evolving business. The team is crucial to our financial and regulatory reporting and pivotal to providing insight on our business performance.
The Reserving Actuary within the team is responsible for delivery of specific aspects of the reserving process, including overseeing reserving calculations, investigating movements, reviewing and improving the effectiveness of processes and reporting outcomes and conclusions.
The role requires bringing together sound technical knowledge and inquisitiveness with clear and impactful communication to management.
About The Job
What you’ll spend your time doing:
Here’s a snapshot of some of the key parts of the job:
Innovation and Insight
Review and advocate for updates to processes which make them more efficient and/or effective
Define analysis to be undertaken to meet outcomes specified by management, including innovative analysis to understand emerging risks
Work with other teams within the business to improve the insight provided by the team and the reserving exercise
Management and Analysis
Managing the scope and delivery of reserving projections to provide estimates for use in financial reporting and consideration of business performance
Manage data governance processes to ensure data quality and contribute to consideration of new reserving tools/processes, including the opportunity to work with new tools and software
Directing analysis to consider outcomes on different basis, including GAAP, Solvency II and IFRS 17
Communication
Lead interactions with other areas of the business – particularly claims and underwriting - to ensure results are accurate, understood and driving appropriate actions
Make clear recommendations for management action and engage with external parties including regulators, auditors and other reviewers to ensure there is high confidence in reserving results
Role modelling the actuarial team culture of high performance and inclusivity
You’re going to enjoy this job if you…
Readily take accountability for delivery of outcomes
Want to have impact on improving processes and insights
Enjoy problem solving and considering the best way to achieve defined outcomes
Have an inquisitive mind and question what you are doing and why
Can communicate complicated concepts effectively in person and in writing
Have a high attention to detail and accuracy
What you’ll need:
For this particular role we need you to have:
Experience in an actuarial role considering appropriate analysis and solving problems (does not have to be in reserving)
Good logical reasoning skills coupled with commercial acumen
The ability to translate complicated considerations into clear actions for the reserving team or management
Excellent communication skills
We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!
What Can You Expect From Us?
As well as a competitive base salary and performance related discretionary bonus, here is a link to our employee benefits - Benefits of working at MS Amlin | MS Amlin
Hybrid Working
At MS Amlin we operate a hybrid working model to empower our people with flexibility to blend where they work. We value collaboration and believe that we work better together, our teams typically do 3 days a week in the office.
About MS Amlin
MS Amlin is a leading (re)insurer and part of the global MS&AD Group, with operations across Lloyd’s of London, the Middle East, and Asia Pacific. With over 120 years of experience, we support businesses facing complex and demanding risks, providing continuity in an uncertain world. Our expertise covers Property, Casualty, Marine, Crisis Management, Natural Resources and Reinsurance, backed by strong underwriting capabilities and deep sector knowledge. At the core of our claims service is TRUST - Transparency, Responsiveness, Understanding, Solution-driven thinking, and Technical expertise. This defines how we manage claims and build lasting relationships.
DE&I at MS Amlin
We will build a workplace where all talent is welcomed, and everyone has the opportunity to influence how the business works. We have dedicated employee resource groups that support our Diversity, Equity, and Inclusion (DE&I) goals.
MS Amlin is proud to be one of the founding partners of Lloyd’s Inclusive Futures programme which aims to get more Black and ethnically diverse people into the insurance industry - supporting them all the way from the classroom to the boardroom. Visit this link (Inclusive Futures Impact Report) to find out more about the programme and its aims and achievements so far.
#LI-MSAUL
