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Reserving Contractor - Fixed term

Polo Managing Agency

Job description

Description of role purpose

We are looking to hire a Reserving Contractor to help support the Chief Actuary and Reserving Actuary with reserving and submitting regulatory returns to Lloyd’s for an existing syndicate that is to be novated over to Polo Managing Agency (‘PMA’).

Key Responsibilities

Focused on reserving and regulatory reporting for an existing syndicate to be novated to PMA

Perform quarterly reserving exercise using current reserving process in place

Help establish new reserving processes in line with PMA guidelines

Work independently

Knowledge transfer with Chief Actuary and Reserving Actuary

Help prepare and submit Lloyd’s returns

Key Performance Indicators

Adapt reserving process in line with PMA processes

Prepare adequate documentation on reserving

All Lloyd’s regulatory returns submitted within deadlines

Key Relationships

Key stakeholders are Reserving Actuary and Chief Actuary

Working closely with other teams such as Finance, Claims and Operations

Dealing with colleagues at all levels of the organization

Experience and Skills

Strong IT skills

Ability to work independently

Good knowledge of actuarial reserving techniques

Ability to get quickly up to speed with an existing process and adapt it for PMA

Clear communication and presentation skills

Knowledge and Qualifications

Experience in non-life reserving in the Lloyd’s/London market desirable

Demonstrates behaviours aligned to the Polo Works PRIDE values:

  •  Pioneering – we don’t stand still
  •  Responsible – We do the right thing
  •  Inclusive – we all play a role
  •  Delivery Focussed- we provide services we are proud of
  •  Empowering – we equip people to be their best

Job type