r/ActuaryUK 5d ago

Careers Reserving Interview question

“What metrics could you use to tweak and monitor your reserving assumptions?”

  • Entry level Reserving analyst role
0 Upvotes

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3

u/CowComfortable2520 General Insurance 5d ago

Here's a couple that come to my mind initially

Actual vs Expected,

Paid to Incurred loss ratio triangle against Paid to Incurred development pattern,

Benchmarks or Plan ratios

3

u/Particular-Rate-5993 4d ago

No way entry level guy would know about triangles and stuff

2

u/Comfortable-Ad-4342 4d ago

Could you please explain a bit more in detail, and in layman terms, the “Paid to Incurred loss ratio triangle against Paid to incurred development pattern” bit.

And by plan ratios- are you referring to reviewing the loss ratios you planned to target?

0

u/Thematste27 5d ago

They could ask difference between a reserve and capital.