Reserving Actuary London

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators. With approximately $2.8 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.

SiriusPoint International is looking for an ambitious, business minded, performance focused actuary to carry out reserving activities for SiriusPoint International. You will work as actuary in our Actuarial Reserving team, to perform reporting and analysis of reserves in relation to our regulatory, operational and financial reviews, which include Solvency II, as well as communication of results and reserves to our global teams. The work tasks are challenging and rewarding, and excellent business understanding is key for success. We work closely with colleagues in many parts of the world in different projects to improve process efficiency and transparency. You will report to the Actuarial Reserving Manager.

Your responsibilities will include:

• Perform reserve, cash flow, and sensitivity analysis for our business processes (including Solvency II technical provisions).
• Improve, develop, test, and implement actuarial methods for reserve analysis, cash flow calculations, and volatility estimation.
• Perform profitability and risk analysis for various business purposes.
• Presenting the results of the actuarial reserve setting process to management.
• Use and improve our current processes for reporting to our finance team, management, capital modellers, as well as auditors and regulators.
• Liaising with pricing actuaries, exposure management, claims management and underwriters to ensure reserving Management Information (MI) is kept up-to-date.
• Improve transparency and efficiency in the team’s reporting and communication processes.
• Any other duties as reasonable required.

To perform all duties in line with the FCA Individual Conduct Rules as documented in the Employee Handbook.

Your skills and abilities should include:

• Excellent academic record and degree level qualification.
• Qualified actuary, or nearly qualified actuary, with a recognised professional actuarial society.
• Solid General Insurance reserving experience and understanding of the Solvency II regulation is a merit.
• Interest in data processing and database structure.
• Working knowledge in tools such as SQL, Power-BI and ResQ is a merit.
• High ambition in combination with creativity and a strong sense for details.
• Strong written English communication and presentation skills.
• Excellent relationship building and interpersonal skills are essential.
• An urge to learn new things and develop into new roles.
• Ability to work independently within a multicultural organization.

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. Our Purpose is to provide security and resilience in an uncertain world. Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions. Our culture is one of performance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment.

Our Values are at the heart of our business, and which guide everyday actions and decision making.

• Integrity: Integrity, respect and trust are our core principles.
• Customer Focused: Our customers are the reason we exist.
• Solution Driven: Creating solutions is our mindset.
• Diversity: Diversity, inclusion and allyship make us stronger.

Why Should You Join SiriusPoint? Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact. We Achieve More Together. At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business. We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.

We are unable to sponsor or take over sponsorship of an employment visa at this time.