Head of Reserving

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Full time
Location: London
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Job offered by: Bolton Associates
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Job Description

Are you currently working in reserving and looking for the next step in your career? Bolton Associates have partnered with a Lloyd's syndicate who are looking for a Head of Reserving to lead a small team and report into the Chief Actuary and head of strategic decisions. Day to day you would be responsible for: Perform the quarterly reserving for lines of business written by Syndicate 4242 and SPA 1416 Development Reserving MI that can be used across the business to understand key trends Assess performance and highlight areas of concern and potential areas of remediation Calculate, review and communicate reserve uncertainty/ranges Review both gross and ceded data and controls to ensure data used in reserving is robust Assist in development and execution of reserving strategy and controls Demonstrate the robustness of the methodologies and measures used Manage the delivery of technical provisions and that submissions are made to high standard in a timely manner Assist with the quarterly technical provision’s valuations and validations, adhering to the required standards and ensuring technical provisions deliverables are met Carry out deep dive reviews across different areas of the business that impact the actuarial function and feedback into Senior Management to inform performance decisions Maintain reserving and technical provisions documentation with the required frequency, adhering to the review requirements and obtaining the appropriate signoffs Ensure all key timelines and deliverables are being met, including both internal and external Oversee Lloyds and management reporting, including QMA, QMB, QSRs, ASRs, SAO, TPD etc. In addition, you will work on cross-functional projects specifically with the capital and pricing teams. If you have experience in the Lloyd's market and are looking to join a dynamic and growing syndicate, please get in touch with

cathy@bolton-associates.co.uk .

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