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Actuary

Job Details

Gibraltar Salary: Competitive Salary + Benefits
Sector: Accounting & Finance Type: Permanent
Start Date: ASAP Contact: Angelique Pearson

Actuary |Insurance | Gibraltar | Competitive Salary + Benefits

The Role

SRGEurope have been appointed to recruit a qualified or part qualified with experience Actuary for an expanding Insurance company based in the thriving jurisdiction of Gibraltar. As a key part of our Reserving Team, the Actuary will be making contributions to the team's success from day one - coming up to speed on the business and their existing processes and supporting the reserve reviews. With the ever-changing external environment, it is a great time to be working within the Reserving Team of a leading UK insurer. The focus of the role will be on Capital Reserving. Highest level Excel will be required, ideally with VBA and SAS skills.

If you are an experienced Actuary and looking to take the next step in your career then this could be the role for you.

What's on offer to you?

  • Above market rate Base Salary

  • Extensive Bonus Scheme

  • Career changing opportunity with a growing Organisation

  • Reporting to the Director of Risk and Compliance

What You Will Be Doing

  • Support the regular Reserve Reviews across Motor, Van and Household products, from data to reporting stage.

  • Assist with the end-to-end quarterly Solvency II Technical Provisions process for the UK products.

  • Assist the Reserving Team's input into the wider Group Finance team's IFRS17 implementation.

  • Support the development and enhancement of the Solvency II Technical Provisions process.

  • Provide flexible support to ongoing projects within the reserving team, such as moving to new data systems, ongoing enhancements of the reserving process.

  • Build relationships with the Claims and Pricing departments on key reserving matters and support the regular Claims Forum interactions.

  • Work alongside the "line two" Risk Actuaries to assist their review and challenge of our IFRS reserves and Technical Provisions.

  • Closely interact with our capital team to assist with regular capital assessments, and feed into model developments and model use.

What You Will Need to Succeed In This Role

  • Part Qualified Actuary - ideally 2+ years reserving experience, preferably within personal lines but not essential

  • Excellent academic background and strong numerical and analytical skills

  • Proficient in spreadsheet tools (Microsoft Excel) with experience of VBA and SAS an advantage

  • Experience of using RESQ software beneficial

  • Good knowledge of Solvency II, including technical provisions is preferred but not essential

  • Excellent project management and time management skills

  • Ability to work independently and to reporting deadlines

  • An eye for detail - not afraid of getting into the detail behind the data/calculations to challenge or be challenged

  • Excellent communication, relationship and presentation skills - to senior management and non-actuarial colleagues in particular

If you are an experienced Actuary, and this is the challenge that you are looking for in your career, get in touch with me today.

To Apply

Please click on the 'apply' button and upload your CV and a Cover Letter or alternatively contact Angelique Pearson, Managing Director by email angelique.pearson@srgeurope.com or call Gibraltar +350 200 69999.

Why Gibraltar

Gibraltar is a British Overseas Territory on the edge of the Iberian Peninsula neighbouring Southern Spain. It boasts 300 days of sunshine per year, a relaxed out of work lifestyle and is easily accessible to the rest of Europe from Gibraltar and Malaga airports. The primary currency in Gibraltar is pounds/sterling and there are excellent English speaking schools if you are relocating with your family. We will help you with your relocation process about which you can read here: https://www.srgeurope.com/working-in-gibraltar/relocating-to-gibraltar.

Key words: Actuary | Insurance | Capital Reserving | Reserve Reviews | Gibraltar | RESQ

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