Leading Insurance Group have a permanent opportunity available for a Reserving Manager. This position is hybrid working with two days per week in the Dublin office. Working in the Actuarial Function, this role reports to the Head of Actuarial Function who has responsibility for the following areas: Ensure appropriate methods and models are used in the calculation of IFRS and Solvency II technical provisions. Compare best estimates against actual experience. Prepare reserving information for the purpose of assessing the Solvency Capital Requirement under Solvency II. Provide annual Opinions on the Technical Provisions, the Underwriting Policy, Reinsurance Arrangements and the Own Risk and Solvency Assessment process as well as the annual report on Technical Provisions. Ensure that actuarial policies, processes and procedures meet the requirements under Solvency II. Key Responsibilities. Coordinate, manage and report on results of quarterly actuarial reserving analyses. Manage and coach analysts within the Actuarial Function including the setting of objectives and measuring, monitoring and feedback on performance. Engage with the Actuarial Function's IFRS17 implementation team to assist in the smooth implementation of IFRS17. Add value to the business by ensuring that the reserve analyses are segmented to mirror the business, reflect changes in underwriting strategies and appetites and provide the appropriate level of detail to identify key trends and macroeconomic factors that are impacting the business. Assist in the development of management information to support and improve business decision making. Complete profitability analyses to support the company's budget and strategy processes. Support the cost benefit analysis incorporated in the annual placement of the Reinsurance programme. Education. Qualified Actuary. Actuarial, Mathematical or Engineering degree. Strong analytical skills and decision-making ability. Strong Excel skills. For more information contact Elaine Liston in Sanderson on 0863516302 or apply on line for more information.
118 days ago