All Locations
Bristol
Careers Site Advertising End Date
19 Jul 2024
Vacancy Type
Permanent
Actuarial

About The Role

We have a new opportunity to join DAS UK Group as a Reserving and Monitoring Manager. Reporting directly into the Chief Actuary, you will analyse underwriting performance, recommend the appropriate level of technical provisions to be held, and carry out the appropriate reporting.

In this role you can expect to:

•           Monitor exposures and emerging experience relevant to technical provisions, developing a set of actuarial processes and models that interact with those in the wider business, and working with them to improve overall risk management

•           Formulate and test relevant assumptions for technical provisions

•           Recommend the level of technical provisions to be held under different bases UK GAAP and Solvency II, with the need to ensure consistency with provisions under solvency regulations

•           Ensure timely and accurate submission of the relevant financial results, adhering to governing laws, DAS policies, Group requirements and professional standards.

•           Carry out other actuarial investigations that may be required from time to time under UK regulation and legislation, and by Group.

•           Monitor developments in legislation, Group guidance and actuarial standards; co-ordinate impact analysis and adoption; monitor adherence

•           Act as line manager to a team of actuarial specialists, guiding their professional development and upholding and developing the departmental quality procedures

About You

We’re looking for candidates who are a Fellow of Institute or Faculty of Actuaries (or equivalent) with good knowledge of non-life actuarial techniques including reserving. In addition, you’ll need to have previous supervisory experience as you’ll act as line manager to a team of actuarial specialists, guiding their professional development and assist with the development of others in the team.

The successful candidate will need to have good communication skills as you’ll be expected to liaise with internal, group and external auditors, implementing recommended actions as required. You’ll have the ability to form a well justified, independent view, communicate it clearly and defend it in response to challenges.

At DAS we encourage our people to work flexibly and achieve a work-life balance that works for them. In return for your commitment we will offer you generous remuneration and a benefits package to include:   

- 25 days holiday with the option to buy up to a further 5 days
- Company pension scheme with the option to increase contributions
- Group Income Protection for all employees
- Group Legal Protection for all employees
- A choice of either European Motor Assistance or Home Emergency Assistance
- Salary sacrifice benefits including Cycle scheme 
- A comprehensive wellbeing programme including an employee Health Cash Plan
- Access to our employee discounts hub offering exclusive discounts across thousands of retail partners, including discounted gym memberships at over 3,000 gyms across the UK
- The option to join our Sports and Social club which organises discounted events such as theatre visits, wine tasting and shopping trips

If you think you would be a good match for this role and can demonstrate some transferable experience please apply, regardless of whether you meet all the criteria listed above

About The Company

DAS UK Group has been helping businesses and individuals get access to justice for over 40 years. Our businesses include a legal expenses insurance company and a law firm.

Thousands of businesses, motorists and individuals defend or pursue legal action each year safe in the knowledge that DAS are paying their legal bills. We have always been aware that it is the people that really make it happen; the quality of our people defines the quality of the company and the standard of service we offer.

DAS are owned by ARAG Group, one of the major insurance groups in Germany and Europe and are dedicated to the development of the best staff in the industry. At DAS, we don’t simply talk about our values they are at the heart of everything we do. They guide us with the way that we work and provide the framework for how we do business. ‘Doing the right thing’ is central to our behaviour – from building  trust, being accountable, creating good customer outcomes is at the heart of everything that we do which we believe drives performance

We believe it is an exciting time to join DAS. You can expect an organisation that will challenge and develop you to progress your career.  

By giving you every opportunity to develop yourself professionally and personally, we also pride ourselves on having an open, inclusive and high energy culture that encourages a fun working environment and places our customers at the very heart of everything we do.

If you are keen to become part of our exciting future then we would love to hear from you. In addition to the very genuine development opportunities we provide we also offer a generous reward and benefits package.

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