Group Reserving Actuary/Analyst, Malta based.

The opportunity:

This exciting opportunity follows a period of sustained growth and multiple acquisitions within the Marco Group. Reporting to the Group Head of Reserving (GHoR), the successful candidate will be part of the group Reserving team responsible for delivering relevant information to the actuarial function holder, Chief Actuaries and reserving committees within the group.

Will assist on a strategic level, the GHoR and the Group Chief Actuary in developing and implementing a group wide reserving process, aligned with both, individual entity and overall company goals and regulatory requirements in the different jurisdictions.

Overview of the role:

Meet all reserving and regulatory requirements for the group as part of BAU. This will include reporting to Lloyd’s, PRA, MFSA and on a Solvency Basis.
Assist GHoR in building and leading the successful reserving team development and expansion of the overall group reserving strategy
Develop and provide relevant high quality reporting and management Information to stakeholders on both a continuous BAU basis, and ad hoc to support and improve business decision making.

· Use ResQ to implement industry best practice in relation to reserving standards.

Build relationships, liaise and work closely with internal and external parties as required
There will be heavy interaction with the outsourced reserving actuaries, claims team, group finance, auditors, regulators (incl Lloyd’s, PRA, MFSA etc), entity boards etc

· Maintain an appropriate level of continued professional development.

Candidate requirements:

Knowledge and understanding of actuarial practice
Knowledge of products and concepts relating to the P&C industry
Ability to manage upwards as well as sideways and down.
Ability to deal with challenging discussions in a manner that generates positive results.
The candidate should expect to get into the technical detail of the reserving work.
Proven analytical problem-solving experience and delivery of results orientated solutions
A few years of reserving experience are a bonus.
Sound knowledge of actuarial reserving methodologies, approaches and industry best practice
Knowledge in the capital modelling space or Solvency II Standard Formula would be an advantage.
Technology proficient (excel, access, word, SQL, R or similar, and ability to learn new software). Prior knowledge of ResQ is an advantage.
Must perform and prioritize well under pressure and in a changing environment.
Effective communication.

Reserving Actuary / Analyst

Job Description