P&C Actuary recruitment
In this position you will become responsible for the quarterly reserving process. At the end of each quarter you will analyse the present status of premiums, paid and incurred loss amounts per segment and assess appropriate reserve amounts. You will present the results of your analysis to the local management and the central reserve team and prepare the necessary reports. Within the central reserving team you will take part in the development of a global reserve process. Within the projects of the global reserve team you will be the participant of the Zürich branch.
Apart from this you will be responsible for the regulatory requirements of a run-off company containing the underwriting years till 2007. Beyond the reserving tasks you will get involved in pricing. The overwhelming part of the book is renewed at the 1st January and you will support the underwriters in the selection of profitable business as long as this does not interfere with the annual closing process. You may also take part in the future development of the pricing tools.
You have a university degree in Mathematics, Physics or Actuarial Science and ideally are already a member of the FIA, CAS, SAV or a similar foreign actuarial association. You are familiar with Excel, VBA and possibly also with ResQ. Your working style is proactive and you are always aware which of the latest developments or recent events could have an influence on loss reserving. You are a team player, who is capable to take a lead when necessary. You are fluent in English and ideally speak another European language, preferably French or German. You like explaining complex matters in terms which are adapted to the relevant audience.
Interested applicants should contact Michael Stefan at michael.stefan@hanoversearch.com