The jobholder will be an ambitious Intern who wants to work as part of an established Reserving team, providing a wide range of actuarial reserving services for Lloyd’s and non-Lloyds entities. A key part of the role will be working on quarterly reserving, assisting on a wide variety of Reserving Projects.
Responsibilities
- Assist in the analysis of the technical reserves on a quarterly basis for multiple lines of business
- Assist with reserving projects, such as automation of current processes and modelling of specific lines of business
- Assist with improvement of certain models, visualisation tools and dashboards
- Annual review of the UK portfolio and contribute to the actuarial report for the various UK legal entities
- Carry out regular or ad hoc studies for specific segments
- Work closely with claims team, finance team, underwriters and underwriting management and other members of the actuarial team to develop, review and maintain appropriate tools and methodologies
- Communicate with external Actuaries, Auditors and external regulators when required
- Help enhance management information and reporting for Lloyd’s, PRA and ACPR
- Communicate key movement/trends/events to the business on a quarterly basis, with opportunity to present at Management meetings and Reserving Committees
Qualifications
Required experience & competencies
- Communication : Excellent interpersonal verbal and written skills that enable the candidate to communicate effectively with colleagues (especially underwriters), brokers and clients.
- Integrity : the ability to make a principled stand where required.
- Independent : a thinker with an analytical mindset.
- Flexibility : the ability to manage workload and prioritise different tasks.
- Personality : a self motivator who is keen to learn and take on increasing responsibility over time.
- Team work : Ability to work collaboratively with others in the Actuarial Team.
Desirable
- Excel, SQL, Tableau, PowerBI Python or other programming language skills an advantage.
Required Education
Strong educational track record, or equivalence
