Summary: The Senior Reporting Actuary at Munich Re Specialty – Global Markets is responsible for managing and participating in actuarial reporting processes for Syndicate 457, ensuring compliance with Solvency II and other reporting requirements. This role involves overseeing the workflow of actuarial staff, communicating results to senior management, and supporting the delivery of high-quality reporting outputs. The position also emphasizes the development of junior staff and collaboration with finance to ensure consistency in reporting. This is a 12-month fixed-term contract role based in London.

Key Responsibilities:

• Manage, review and participate in actuarial reporting processes for Syndicate 457 for SII TPs.
• Oversee the quarterly Solvency II calculations and delivery of Lloyd’s reporting processes.
• Support and review the creation and presentation of key results to the FSC.
• Manage the reporting team in delivering other Lloyd’s reporting processes.
• Support elements of the actuarial delivery of Munich reporting processes.
• Assist with the production of actuarial reports such as the Actuarial Function Report.
• Monitor data quality for the reporting processes and escalate key issues.
• Contribute to other actuarial reserving and reporting tasks as needed.
• Drive good conduct for the business to deliver optimal outcomes for customers.
• Support the development of junior staff through training and knowledge sharing.

Key Skills:

• Extensive actuarial experience in the Lloyd’s Market or Munich RE.
• A minimum of six years experience, with three years in Lloyd’s Reserving and Reporting.
• Knowledge of FCA regulations and Lloyd’s requirements.
• Highly developed mathematical/statistical knowledge.
• Experience managing multiple concurrent work strands in a time-pressured environment.
• In-depth knowledge of actuarial modelling techniques for financial reporting.
• Current Lloyd’s market knowledge, including Solvency II and UK GAAP.
• Experience managing junior members of an actuarial team.
• Willingness to mentor junior team members and increase knowledge of reporting matters.
• Interest in automation of actuarial processes.

Salary (Rate): undetermined

City: London

Country: United Kingdom

Working Arrangements: undetermined

IR35 Status: undetermined

Seniority Level: undetermined

Industry: Other