General Information
City:
London
Country:
United Kingdom of Great Britain and Northern Ireland
Creation Date:
14-Jan-2025
Employment Type:
Permanent
Employment Type:
Full time
Ref #:
1234571280 Description & Requirements
Role Title:
Senior Analyst / Nearly Qualified Actuary – Legal Entities Division:
Actuarial Department:
Actuarial Reserving Location:
Hybrid Working Model with Office in London Type:
Permanent About the Role:
This role sits within the LSM reserving team with predominant responsibility to support Legal Entity reporting, with oversight and reporting of all matters related to reserving for LMAL (Lloyd’s Syndicate 4472) and LMIE (Luxembourg Company). The role includes exposure to the UK and Luxembourg regulators, external auditors, and Board committee presentations. About the Department & Team:
The Actuarial Function evaluates business performance and provides management with a clear, risk-based view for making decisions on business strategy and risk mitigation. The department covers all aspects of actuarial work including pricing, reserving, business planning, and capital, and supporting exposure management and reinsurance purchasing. Key Responsibilities:
Perform the quarterly and annual Solvency II Technical Provisions for LMAL and LMIE and manage the SII regulatory reporting submissions. Contribution to the successful delivery of other regulatory returns for LMAL and LMIE including the actuarial input into the following returns: For LMAL: QMB, QSR, TPD, QMA, GQD, Trust Funds. For LMIE: NAIC return (Trust Funds). Support the completion of other regulatory reporting including: For LMAL: SAO report. For LMIE: quarterly memos to the CAA, UK branch reporting. Help with the drafting of Actuarial Function Reports for the Estimate of Solvency II Technical Provisions, Opinion on the Underwriting Policy and Adequacy of Reinsurance Arrangements. Support with the review of legal entity reserve development relating to the quarterly roll forward, non-cat deep dive reserve reviews and cat reserving. Cross Function collaboration with other teams within LSM. Seek opportunities to develop existing and new processes to ensure that the deliverables of the Actuarial Function are timely, accurate and fit for purpose. Adherence to all relevant regulatory requirements forms part of your role. Skills and Experience:
Senior Analyst or Nearly Qualified Actuary. London Market reserving experience with broad knowledge of specialty (re)insurance portfolios and Solvency II. Strong IT skills – advanced knowledge of MS Excel and the standard MS Office suite is essential. Analytical problem solver with outstanding verbal and written skills. Commercially minded, with gravitas to influence business decisions. Works under limited management supervision. A growth mindset - highly focused, motivated and committed to ongoing personal learning and development. Ability to both work independently and as part of a wider team. Ability to manage 1 or 2 analyst or graduate level employees. About Liberty:
Liberty International Insurance and LMRe are part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. For more information:
Working for Us Diversity and Inclusion
#J-18808-Ljbffr
City:
London
Country:
United Kingdom of Great Britain and Northern Ireland
Creation Date:
14-Jan-2025
Employment Type:
Permanent
Employment Type:
Full time
Ref #:
1234571280 Description & Requirements
Role Title:
Senior Analyst / Nearly Qualified Actuary – Legal Entities Division:
Actuarial Department:
Actuarial Reserving Location:
Hybrid Working Model with Office in London Type:
Permanent About the Role:
This role sits within the LSM reserving team with predominant responsibility to support Legal Entity reporting, with oversight and reporting of all matters related to reserving for LMAL (Lloyd’s Syndicate 4472) and LMIE (Luxembourg Company). The role includes exposure to the UK and Luxembourg regulators, external auditors, and Board committee presentations. About the Department & Team:
The Actuarial Function evaluates business performance and provides management with a clear, risk-based view for making decisions on business strategy and risk mitigation. The department covers all aspects of actuarial work including pricing, reserving, business planning, and capital, and supporting exposure management and reinsurance purchasing. Key Responsibilities:
Perform the quarterly and annual Solvency II Technical Provisions for LMAL and LMIE and manage the SII regulatory reporting submissions. Contribution to the successful delivery of other regulatory returns for LMAL and LMIE including the actuarial input into the following returns: For LMAL: QMB, QSR, TPD, QMA, GQD, Trust Funds. For LMIE: NAIC return (Trust Funds). Support the completion of other regulatory reporting including: For LMAL: SAO report. For LMIE: quarterly memos to the CAA, UK branch reporting. Help with the drafting of Actuarial Function Reports for the Estimate of Solvency II Technical Provisions, Opinion on the Underwriting Policy and Adequacy of Reinsurance Arrangements. Support with the review of legal entity reserve development relating to the quarterly roll forward, non-cat deep dive reserve reviews and cat reserving. Cross Function collaboration with other teams within LSM. Seek opportunities to develop existing and new processes to ensure that the deliverables of the Actuarial Function are timely, accurate and fit for purpose. Adherence to all relevant regulatory requirements forms part of your role. Skills and Experience:
Senior Analyst or Nearly Qualified Actuary. London Market reserving experience with broad knowledge of specialty (re)insurance portfolios and Solvency II. Strong IT skills – advanced knowledge of MS Excel and the standard MS Office suite is essential. Analytical problem solver with outstanding verbal and written skills. Commercially minded, with gravitas to influence business decisions. Works under limited management supervision. A growth mindset - highly focused, motivated and committed to ongoing personal learning and development. Ability to both work independently and as part of a wider team. Ability to manage 1 or 2 analyst or graduate level employees. About Liberty:
Liberty International Insurance and LMRe are part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer. Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation. For more information:
Working for Us Diversity and Inclusion
#J-18808-Ljbffr
