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Claims Reserving Analyst


Details:
  • Salary:
  • Location: London
  • Date: 1 month ago
Description:

We're recruiting for a Claims Reserving Analyst to join our Financial Services client’s Healthcare team. Reporting to the Reserving and Profitability Manager, you will be responsible for providing comprehensive reserving and profitability analysis across the Health division. Our client consider recent graduates with some actuarial experience and provide in-house training. Our client adopts a Hybrid way of working, empowering people to balance their time between home and working in person in your nearest UK hub office 40% of the time.
THE SUCCESSFUL APPLICANT
* Will consider graduates with 2-3 years' actuarial experience and provide training
* Display high degree of commercial acumen and strong analytical skills
* Working knowledge of actuarial reserving techniques and database management
* Advanced MS Excel and MS Access skills
* Strong relationship management
* Negotiation and influencing skills
* Ability to work to tight deadlines
* As a precondition of employment for this role, you must be eligible and authorised to work in the United Kingdom.
JOB DESCRIPTION
* Prepare and deliver timely and accurate reserve reporting. Provide and explain the impact of reserve movements and emergence on the result and communicate to key stakeholders
* Collaborate and work closely with international business partnering and the bordereau team to manage the international result
* Provide adequate and accurate documentation, evidence, and commentary for all internal and external review of reserves and reporting
* Develop and maintain reserving and reporting models that enable robust reserving and accounting. Identify and implement potential reporting and process improvements to enhance reporting and performance tracking
* Produce and provide accurate reporting to meet Solvency II, PRA, and Board reporting
* Internal Finance Controls including updating documentation to accurately reflect the current process, ensure controls are working adequately
* Support on projects impacting reserving, providing requirements, capturing relevant information which will enable future monitoring
* Monitor new and existing bordereau and products to ensure that performance is in line with expectations providing additional analysis where required
REMUNERATION PACKAGE ON OFFER
* Competitive salary
* Annual company & performance-based bonus
* Contributory pension scheme (up to 12% employer contributions)
* Life Assurance (up to 10 x annual salary)
* Good holiday allowance and the opportunity to buy and sell annual leave
* Employee discounts and gym benefits

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