Independent Committee Member

NHS Resolution is seeking to make a key appointment to our Reserving and Pricing Committee  (RPC) to sit alongside existing members who comprise members of the executive committee,  and a non-executive director.  

NHS Resolution’s Reserving and Pricing Committee (RPC) supports the Chief Executive in their  role of Accounting Oicer in setting the key assumptions that determine the valuation of NHS  Resolution’s provision for liabilities arising from claims in respect of its indemnity schemes.  The Committee also determines the forecasts for the cash required to settle claims for future  financial years in order to agree appropriate levels of funding for NHS Resolution’s indemnity  schemes with the DHSC. These activities are heavily informed by actuarial advisers, as well as  NHS Resolution’s experience of the claims environment.  

Skills/experience required  

The preferred candidate will have the following attributes:  

• a qualified actuary, or other relevant insurance or financial expertise with experience  ideally gained in a large complex organisation in the public, private or voluntary sector in  a similar governance and accountability context;  
• an ability to analyse complex and sometimes conflicting data, including financial data,  and to draw balanced conclusions from information presented;  
• ability to challenge eectively but constructively; and  
• first class team-working skills and the willingness to work in a corporate manner to  achieve NHS Resolution’s objectives  

The successful candidate will also be expected to possess or develop an understanding of:  

• the drivers of the costs of indemnity claims and actuarial techniques to estimate  financial valuations and forecasts;  
• accountability and financial management within NHS Resolution;  
• NHS Resolution’s objectives and strategic priorities;  
• NHS Resolution’s structure and relationships with its key stakeholders.  Please note that previous NHS experience is not required for this role.  

More information on this appointment can be found in the attached information pack 

Application details: please submit your full CV and covering letter outlining how your skills and  experience meet the job profile, along with a completed equalities monitoring form to  Louise.Jopling1@nhs.net.  

Remuneration : Paid – full details in job pack