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Position: Reserving Analyst
Institution: Placement through Fenchurch Associates
Location: Ireland
Duties: Calculate reserves in a timely and accurate manner; Participate in the development and testing of new methodologies for calculating the technical reserves; Produce control cards in line with risk management requirements of internal control; Conduct experience surveys on mortality, morbidity etc; Participate in the updating of reserving policies and measure the impact of the updated reserving policies; Review the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure they are in line with the current Reserving Policy; Produce and check the Profit Shares calculated for our partners in line with our agreements
Requirements: Actuarial Trainee with some experience working in an actuarial role; Actuarial Trainee with 2 to 3 years’ experience; Experience with SAS/SQL and VBA Programming an advantage; Experience working with Microsoft packages, particularly Excel, a necessity; Knowledge of common Reserving techniques an advantage. (eg: Bornheutter Ferguson, Chain Ladder, Mack Method)
   
Text: /div> Reserving Calculate reserves in a timely and accurate manner Participate in the development and testing of new methodologies for calculating the technical reserves Produce control cards in line with risk management requirements of internal control Conduct experience surveys on mortality, morbidity etc. Participate in the updating of reserving policies and measure the impact of the updated reserving policies Review the Technical Accounts and Reinsurance accounts on an ongoing basis to ensure they are in line with the current Reserving Policy Produce and check the Profit Shares calculated for our partners in line with our agreements. In addition you will also work on the following: Projects Processes Solvency 2 Liability Adequacy Reporting Database Management & Reporting Budget External relations Requirements Qualification: Actuarial Trainee with some experience working in an actuarial role Experience: Actuarial Trainee with 2 to 3 years’ experience Experience with SAS/SQL and VBA Programming an advantage. Experience working with Microsoft packages, particularly Excel, a necessity. Knowledge of common Reserving techniques an advantage. (eg: Bornheutter Ferguson, Chain Ladder, Mack Method). Skills: English and French fluency a necessity. Other European language an advantage. Good communication skills, team player, organised and punctual.
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