Ownership of the Solvency Capital Requirements, technical provisions and support the Risk Management team with the completion of the ORSA and business plan, SFCR, RSR, quarterly and annual quantitative reporting templates and including engagement with the regulator
Own, embed and maintain a robust reserving policy and process to meet Solvency II requirements, including the end to end reserving process on the UK and European motor portfolios.
Lead the data analysis and presenting of actuarial insights for the placement and/or renewal of key reinsurance programmes.
Manage risks or controls for the actuarial function as detailed in the risk register.
Identify segments for pricing actions based on the ongoing monitoring of the portfolio, including the monitoring of rate, exposure, retention, impact of business mix changes, loss trends including frequency, severity and loss ratio.
Oversee and manage the relationship with external actuarial vendors, providing challenge to quarterly reserve reviews
Attend the Board of Directors meetings, relevant committees and monthly business review meetings, providing actuarial insights and challenge.
Be the Regulated Individual for the Actuarial Function Holder position with the regulator.