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Head of Non-Life Reserving

Category: Insurance / Reinsurance

Job Description:
On behalf of our client, a leading reinsurer and NYSE listed company, we require an experienced actuary to oversee the Group Non-Life reserving function. The position is based in the Bermuda office and reports to the Group Chief Actuary.

The primary responsibilities will be:

• Oversee Group quarterly reserve processes and peer review of business unit reserve studies;
  
• Ensure actuarial best practices are maintained in the operating companies;
  
• Implement group reserving models and reserving analytics;
  
• Oversee database and report development of executive management reporting systems;
  
• Oversee quarterly consolidation activities relating to actuarial responsibilities;
  
• Discussion in the MD&A section of the 10Q and 10K relating to reserves;
  
• Interaction with external auditors;
  
• Management of third party actuarial reviews;
  
• Presentations to Executive Management;
  
• Manage a staff of up to three qualified actuaries.
  

• Fellow of the Casualty Actuary Society (FCAS) or Fellow of the Institute of Actuaries (FIA) or equivalent qualification;
  
• Prior supervisory experience;
  
• Prior successful experience in the functions outlined above;
  
• At least ten years experience in (re)insurance or consulting with exposure to pricing and reserving;
  
• Excellent communication skills;
  
• Superior IT and management information skills;
  
• Excellent analytical, critical thinking, and problem solving skills;
  
• Ability to develop and maintain effective relationships with leaders in functional and operating units.
  

Type of Position: Permanent

Posting Date: 03/02/2010    Closing Date:05/03/2010