Reserving Actuary
Posted 3 hours 35 minutes ago by Antares Global Management Limited
Permanent
Full Time
University and College Jobs
London, United Kingdom
Job Description
At Antares, our success starts with our people. We're a collaborative and an inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues.Whatever stage of your career you'll find a place to belong, contribute, develop and we'd love to hear from you. Knowledge and Qualifications University degree in Mathematics or related field Qualified Actuary (FIA or equivalent) Skills and Demonstrated Experience General commercial and financial knowledge Experienced user of MS Excel; VBA and Access/SQL skills Strong technical skills and relevant market knowledge with good experience of reserving and actuarial valuation techniques Strong analytical skills with attention to detail; accurate and numerate Investigating ability to understand claim trends, impact of legislative and other drivers. Ability to communicate effectively both verbally and in writing Works well as part of a high performing team, providing support and coaching as well as able to work on own initiative Pro-active, takes the initiative and adopts a positive approach to challenges seeking to make improvements. Ability to manage time, meet deadlines and prioritise Continue to develop and improve own capability including non-technical soft skill aspects. Role Summary The role supports the Lead Reserving Actuary and their team across all aspects of the Actuarial Function Holder responsibilities for Antares' Bermuda operations. This includes Antares RE (a Bermuda domiciled reinsurance company), its subsidiary QEL (a European insurance company), and group level reporting for Antares Holdings (a Bermuda domiciled holding company). The role provides coaching and technical support for the more junior members of the actuarial team.The role holder, their team and the Actuarial function holder carries out the quarterly reserving processes, portfolio reviews and other ad-hoc deep dive analyses. Analysis of quarterly reserving projections and A vs E Solvency II technical provisions and IFRS17 fulfilment cashflows Reserving analysis and input into assessments of business profitability Lead or support actuarial input to meetings alongside other members of the actuarial reserving team with product line underwriters and claims personnel to discuss account performance, underwriting changes, latest developments and trends Produce quarterly reserving outcomes for reserving committee that provide insight and explaining core drivers and uncertainties. Undertake deep dive analysis into range of reserving issues or areas of interest to support overall reserving activity Work closely with Finance and Risk functions to ensure financial close numbers fully and correctly capture all relevant actuarial outputs.To contribute to the growth, development and sustained profitability of Antares Global.The role sits within the reserving team responsible for Antares RE and QEL which includes Motor Reinsurance, Property Catastrophe, Casualty and Marine amongst others. Key Accountabilities Produce quarterly reserving results for review Effective input to the Business Planning Support the maintenance of appropriate systems practices, data, services and technical standards for the work of the team Provides input to multi-disciplinary projects Ensures own Personal Performance and Development Plan (PPDP) and Continuing Professional Development (CPD) is maintained Maintains a positive internal and external business profile Support team members Contribute to constructive feedback for team members. Foster collaboration within and across teams. Promote open communication and demonstrate appropriate behaviours. Provide coaching and technical support for other more junior team membersEducation required for this role:At Antares, we empower our talented team members through active involvement and collaboration, driving strategic and business goals whilst delivering exceptional services to our customers and partners.Our unique organisational structure fosters unparalleled sharing of information, knowledge and expertise, creating a vibrant and innovative working environment.Our culture of excellence is fuelled by continuous learning and development opportunities across all areas of our international operations. We believe in nurturing your potential and helping you grow with us. Empowerment: Be a part of decision-making processes that shape our future. Collaboration: Work with a diverse team of experts who share their knowledge and insights. Growth: Access to continuous learning and development programs to enhance your skills. Innovation: Thrive in an environment that encourages creativity and forward-thinking.Join us and be a part of a team that values your contributions and supports your professional journey. Together, we can achieve greatness!