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Reserving Actuary
Hamilton CompanyReserving Actuary in London contributing to actuarial function and GAAP reserving process for Hamilton Global Specialty. Collaborating with various stakeholders and enhancing actuarial models and methods.
Tech Stack
Tools & technologiesSQLVBA
About the role
Key responsibilities & impact- Assist in managing the GAAP reserving process for each Hamilton entity for both Lloyd's and other regulatory reporting requirements; review method and assumptions
- Assist in managing the Solvency II TPs calculation and validation process for each of the syndicate/entities: review method and assumptions; regulatory reporting for all entities with support from reserving analysts
- Actively contribute to the development and application of Technical Actuarial models and methods and the process of continuous improvement within the department
- Help manage relationships and communication flows with external auditors
- Work with internal stakeholders including Underwriters, Finance, Claims and Outwards Reinsurance
- Act in accordance with all applicable supervisory bodies, principles, rules and regulations
- Provide support to the capital modelling team by focusing mainly on reserving risks and underwriting risks for parameterisation and validations
- Work with the Pricing team on ad-hoc projects as and when they arise
- Assist in Group reporting
- Develop and communicate associated management information packs
Requirements
What you’ll need- Demonstrable experience in GI reserving; making good progress on actuarial exams or nearly/newly qualified actuary
- Extensive experience in GAAP and Solvency II calculation and reporting, preferable with Lloyd’s market experience
- Expert user of Microsoft Excel, VBA; Access and SQL
- ResQ experience is a plus
- Excellent verbal and written communication skills
- The ability to be both strategic and pragmatic
- A creative, proactive and innovative mindset that does not accept the status quo
- Credible across the business with the proven ability to build strong relationships
- Previous experience of mentoring and/or managing more junior staff is preferred but not essential
Benefits
Comp & perks- Vibrant, entrepreneurial and collaborative workplace
- Inclusive, supportive, and empowering culture
- Opportunities for professional development
ATS Keywords
✓ Tailor your resumeApplicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard Skills & Tools
GAAP reservingSolvency II calculationsTechnical Actuarial modelsparameterisationvalidationGI reservingactuarial examsreporting
Soft Skills
verbal communicationwritten communicationstrategic thinkingpragmatic approachcreativityproactivityinnovationrelationship buildingmentoringmanagement