Actuarial Reserving Contractor 12month Day Rate
Posted 1 week ago by 1749175356
Negotiable
Undetermined
Undetermined
London Area, United Kingdom
Summary: A prestigious global Lloyd’s market insurer is looking for an experienced reserving contractor to manage the quarterly syndicate reserving process for a 12-month engagement. The role involves leading the reserving process, ensuring compliance with Lloyd’s and Solvency II requirements, and mentoring a team of analysts. The contractor will also engage with various teams to validate assumptions and enhance reserving governance. This position offers a significant opportunity to contribute to the insurer's operations during a critical phase.
Key Responsibilities:
- Lead and manage the end-to-end reserving process across multiple Lloyd’s syndicates.
- Ensure timely and accurate delivery of quarterly reserves and associated technical provisions under Lloyd’s and Solvency II reporting requirements.
- Oversee the preparation and review of QMA, QMB, ASR, and QSR returns.
- Liaise closely with finance, claims, and underwriting teams to validate assumptions and key inputs.
- Manage and mentor a small team of analysts and junior actuaries, providing oversight, development, and review.
- Support regulatory engagement, internal model validation, and audit queries as needed.
- Maintain and enhance reserving governance, documentation, and controls in line with Lloyd’s expectations.
Key Skills:
- Qualified actuary (or equivalent) with strong Lloyd’s reserving experience.
- Proven experience managing syndicate reserving cycles and technical provision calculations.
- Comfortable leading processes independently and interacting with senior stakeholders.
- Strong working knowledge of Lloyd’s reporting requirements and relevant reserving software (e.g. ResQ).
- Demonstrated experience in managing and developing junior staff.
- Ability to work in a fast-paced environment with changing priorities.
Salary (Rate): undetermined
City: London Area
Country: United Kingdom
Working Arrangements: undetermined
IR35 Status: undetermined
Seniority Level: undetermined
Industry: Other
A prestigious global Lloyd’s market insurer is seeking an experienced reserving contractor to support and manage the quarterly syndicate reserving process over a 12-month engagement.
Key Responsibilities:
- Lead and manage the end-to-end reserving process across multiple Lloyd’s syndicates.
- Ensure timely and accurate delivery of quarterly reserves and associated technical provisions under Lloyd’s and Solvency II reporting requirements.
- Oversee the preparation and review of QMA, QMB, ASR, and QSR returns .
- Liaise closely with finance, claims, and underwriting teams to validate assumptions and key inputs.
- Manage and mentor a small team of analysts and junior actuaries, providing oversight, development, and review.
- Support regulatory engagement, internal model validation, and audit queries as needed.
- Maintain and enhance reserving governance, documentation, and controls in line with Lloyd’s expectations.
Required Experience:
- Qualified actuary (or equivalent) with strong Lloyd’s reserving experience.
- Proven experience managing syndicate reserving cycles and technical provision calculations.
- Comfortable leading processes independently and interacting with senior stakeholders.
- Strong working knowledge of Lloyd’s reporting requirements and relevant reserving software (e.g. ResQ ).
- Demonstrated experience in managing and developing junior staff.
- Ability to work in a fast-paced environment with changing priorities.
This is an excellent opportunity to join a respected global insurer and make a significant contribution to their Lloyd’s reserving operations during a key phase.