Reserving & Experience Agent
Produces reserve indications, actual-versus-expected analysis, and assumption diagnostics for actuarial review.
The triangles here are property and casualty triangles, and the methods that run on them are loss-reserve methods. Everything reconciles to finance and claims controls first, then the file isolates what moved: severity, closure rates, case adequacy, mix. What comes out is a range with its tail sensitivity and its data limitations attached, not one number. A life or annuity block is valued seriatim under the Valuation Manual, which is the life valuation actuary's work and not this desk's.
Authority
Inform
Team role
Provides specialist analysis
Handoffs
Named collaborators
The role
What it owns and where its authority ends
Desk
Actuarial, Regulatory & Solvency Governance
Desk workflow
Monitor experience and reserves, produce actuarial analyses, map regulatory obligations and evidence, assess capital and solvency, run independent challenge, then accountable sign-off and filing.
Collaboration
Separates preparation from review
Decision boundary
Provides evidence or analysis without committing the decision.
Systems and capabilities involved
Claims and premium valuation mart
Reserving method sandbox
Reinsurance recoverables ledger
Actuarial assumption registry
Handoffs
What this role gives and receives
Capabilities offered
The handoffs name the next owner or specialist and the work that moves between them.
Handoff to
Handoff to
Handoff to
Receives from
Context
What the role needs to do the work
- Current work
- Valuation date, reconciled triangles, methods, assumptions, selections, sensitivities, and data issues.
- Prior interactions
- Prior selections, actual emergence, claim-operation changes, and audit or regulator feedback.
- Policies and reference
- Approved property and casualty reserving methods, accounting bases, actuarial standards, and materiality policy.
- Working method
- Not specified for this role.
Illustrative workflow
How the work moves
Starting point
Quarter-end casualty experience shows adverse development concentrated in two accident years.
- 01
Reconcile paid, case, exposure, large loss, and reinsurance data to finance and claims controls.
- 02
Run approved methods and isolate severity, closure, case adequacy, and mix drivers.
- 03
Produce range and tail sensitivities with an actual-versus-expected explanation.
Result
Reserve indication and movement analysis for appointed-actuary review.
Checks and boundaries
What must be tested or reviewed
- 01Reperformance covers chain-ladder, Bornhuetter-Ferguson, frequency-severity, expected-loss, tail, and large-loss treatments where applicable.
- 02Quarter-over-quarter movement must reconcile to claims, exposure, method, assumption, foreign exchange, and reinsurance drivers.
- 03A life or annuity block put through these triangles is refused with the life valuation route named, because seriatim valuation and mortality and lapse experience studies are a different method set under the Valuation Manual.
- 04No reserve selection or actuarial opinion is represented as final without credentialed sign-off.
Human authority
- Credentialed actuarial authority selects reserves, signs actuarial opinions, and approves material methodology or assumption changes.
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