Actuarial Analyst at Hollard Insurance

Job Purpose

• This role will involve supporting the non-life insurance reserving function that is responsible for calculating the reserves of Hollard’s two short-term insurance licences and providing performance insights to the business. This role will include but is not limited to providing monthly IBNR valuation results while monitoring the actual experience compared to the expected experience. The role is responsible for IFRS 17 deliverables, including delivering results using the Premium Allocation Approach. The reserving function provides the published valuation results and collaborates regularly with the finance team.
• Opportunities will arise to liaise with the short-term insurance capital team in the quest to develop solutions that are holistic. The role will also communicate across the wider actuarial team, business and finance stakeholders, so would involve building sound working relationships. Communicating results and adding value to supported business areas will be integral.

Key Responsibilities

• Collection, conversion and checks on data
• Compiling of data movement reconciliations and performing investigations
• Calculating actuarial reserves
• Performing actual versus expected experience monitoring
• Competitor analysis investigations
• Analysis of loss ratios and other profit drivers
• Involved in producing and providing insight on annual budgets, forecasting and ongoing monitoring of experience within the supported business
• Consolidation of results and the calculation of various profit or performance metrics
• Manage ad hoc tasks and duties to enable and improve own deliverables and tasks as well as to manage stakeholder expectations

Required Knowledge and Experience    
Required Experience

• No industry working experience required, however some experience would be preferred

Required Knowledge and Skills

• Good understanding of the different short-term insurance valuation methodologies (e.g. published, statutory, etc.) and reporting requirements applicable to short-term insurance companies
• Growing understanding of key actuarial concepts and principles applicable to short-term insurance
• Understanding of the financial reporting/systems and reporting requirements applicable to insurance companies
• Good MS Excel skills (including VBA) are a basic requirement
• SQL skills and experience will be an advantage
• MS Access skills and experience will be an advantage
• ResQ reserving software skills (or similar) will be an advantage
• Strong technical, analytical and communication skills
• Ability to take ownership of their tasks
• Ability to work independently and accurately
• Strong detail orientation coupled with the ability to work with vision in mind
• Ability to understand the urgency or importance of various tasks, with the ability to prioritise these
• Ability to work well within a team environment.
• Ability to learn, explore and apply learnings faster than most as a first adopter

Educational Requirements    
Required Qualifications

• Actuarial degree or honours degree
• 5 – 8 actuarial subjects
• No industry working experience required, however some experience would be preferred

Deadline:11th February,2026