22 Oct
Liberty Specialty Markets
London
Job description
About the Role :
The Snr. Analyst (Reserving Control) will have a core responsibility for the management of the reserving process. They will ensure the robust and timely facilitation of the reserving team’s analyses and reporting of results to a diverse set of stakeholders.
This will involve the design, delivery, development and maintenance of the core processes in the team.
Key Responsibilities :
- Facilitate the quarterly US GAAP reserving process (gross and net of outwards reinsurance) across all LII / LMRe metalines and regional units.
- Co-ordination support for the reserving process across the team e.g. managing the calendar for delivery, handoffs, data readiness
- Delivery of the reserving process e.g.
managing key files / templates that the team use, systems use, results database population
- Provide control and rigour around the operation of the process to ensure results (and process) are robust
- Ensure that the deliverables of the Actuarial Function are timely, accurate and fit for purpose
- Development and improvement of all reserving processes and tools. Support the successful delivery of the process transformation involving tactical and strategic process improvement initiatives.
- Be a trusted advisor for reserving process questions understand how the big picture of reserving fits together to ensure process solutions meet all downstream needs.
- Provide the highest quality professional service, underpinned by technical rigor, transparency and consistency in all aspects of the above responsibilities.
- Development, supervision and support of more junior analysts.
- Adherence to all relevant regulatory requirements forms part of your role,
and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to Liberty Mutual’s commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.
We expect you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times.
These requirements include the Senior Managers and Certification Regime Conduct Rules, Solvency II, fair treatment of customers, Financial Crime, Data Protection, Conflicts of Interest, and Whistleblowing
Skills and Experience :
- Nearly / newly qualified actuary (open to non-actuarial applicants with good reserving knowledge)
- London Market reserving exposure with a broad knowledge of specialty (re)insurance portfolios.Relevant experience from consulting, commercial or personal lines also welcomed.
Ability to interpret the figures for sense checking as well as run the process.
- Strong IT skills advanced knowledge of MS Excel and the standard MS Office suite is essential.Other experience of working with other big data manipulation and visualisation software such as SQL and Power BI or similar would also be an advantage (although not a starting pre-requisite) for the role, as would analytics coding experience in packages such as R, Python or similar
- Analytical problem solver with outstanding verbal and written skills, communicating with a range of internal and external clients of varying experience,
expertise and appreciation of actuarial techniques
- Comfort working with complexity and explaining this to others in a clear way.
- Strong organisational skills for scheduling deliverables and stakeholder input
- Works under limited management supervision. This means that technical supervision on day-to-day matters is not often required but is required for novel situations and development or project work.
- A growth mindset - highly focused, motivated and committed to ongoing personal learning and development.
- Ability to work independently and as part of a wider team as well as during periods of change and transformation.
About Liberty
Liberty International Insurance and LMRe are part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, which is a leading global insurer.
We offer a breadth of world-class insurance and reinsurance services to brokers and insureds in all major markets.
Our people are key to our success. That is why "Put People First" is one of the five Liberty values which unite us as a global organisation.
We bring this to life for our colleagues through :
- Offering a vibrant and inclusive environment and committing to their career development.
- Promoting diversity, equity and inclusion (DEI). Our Inclusion Matters framework and employee-led networks strengthen the diversity of our workforce and our inclusive environment.
- Reinforcing that collaborating together to share our unique perspectives help us make better decisions,
deliver innovative solutions and pursue our ambitious goals.
- A supportive culture, which includes promoting a healthy work-life balance and working flexibly.
▶️ Senior Actuarial Analyst - Reserving Control
🖊️ Liberty Specialty Markets
📍 London