Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Role Purpose:

Assist the reserving team with reserve reviews, primarily within the Casualty lines of business. Support the Solvency II reporting process including Pillar III reporting, Technical Provisions and Standard Formula capital calculations.

Responsibilites:

• Assist with drafting the results for agreed lines of business across all Starr Entities, encompassing data analysis, ultimate loss ratio selections, and writing reserve reports.
• Assist with loss ratio analysis underpinning the business planning process. Assist the Reserving Team with ad-hoc queries and analyses.
• Commitment to ongoing improvement of the reserving process within the Company with particular focus on efficiencies and improvement to Actuarial MI. This includes both Power BI and excel based reporting.
• Assist in the calculation of and reporting on the Solvency II Technical Provisions including analysis of change in Technical Provisions and Own Funds, writing Actuarial Function Reports
• Assist with the development and delivery of management information for senior management including monthly Actual versus Expected reports.
• Support the Capital Team in Solvency II Standard Formula SCR calculations across all Starr Entities.
• Support the Capital Team with the increasing demand from the business in respect of Return on Equity calculations
• Support Reserving team with the independent external actuaries and external auditors in providing their annual analysis of reserves. Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately. 
• Operate within the Company’s standards for Treating Customers Fairly.  Manage any potential conflicts of interest to avoid disrepute to the company’s integrity.  Advise Compliance of any complaints immediately. 

Performance measures:

• Perform Analyses with guidance and ability to sense check own work
• Ability to collaborate with others effectively when working with others on cross functional projects
• Able to manage own time but takes guidance on prioritisation.
• Assistance with the delivery of the quarterly reserving process against the deadlines set.
• Assistance with the delivery of Solvency II deadlines to Lloyd’s and the PRA.
• Accuracy of information, including Reserving, Management Information, SCR.

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.