About the Role
We are seeking a talented and motivated Reserving Actuarial Analyst to join our dynamic team, supporting the delivery of essential reserving processes across a range of portfolios. This role offers a unique opportunity to contribute to the analysis and development of key actuarial tools and work closely with teams across the business, including Underwriting, Claims, and Finance. You’ll play a critical role in ensuring effective collaboration between Reserving, Capital, and Pricing functions.
Who We Are
Our company specialises in providing top-tier insurance and reinsurance services across global markets. Since our establishment, we’ve built a reputation for innovation, data-driven decision-making, and fostering resilience within the industry. With a growing team of professionals, we are dedicated to creating a sustainable and forward-thinking future.
We thrive on cultivating an inclusive and collaborative environment where talented individuals from diverse backgrounds contribute to shaping the next era of insurance solutions.
Your Responsibilities
- Quarterly Reserving Processes: Assist in estimating ultimate claims and premiums on a UK GAAP basis, ensuring timely and accurate delivery.
- Data Management: Oversee data processing, validation, and checks, ensuring the integrity of inputs throughout the reserving cycle.
- Deep-Dive Analysis: Conduct in-depth reviews of specific portfolio areas to uncover trends and provide actionable insights.
- Tool Development: Contribute to the enhancement of in-house reserving tools using SQL, VBA, and Excel, ensuring systems remain efficient and robust.
- Regulatory Deliverables: Support Solvency II Technical Provisions, US Trust Fund calculations, and other regulatory reporting requirements.
- Cross-Functional Collaboration: Work with teams across Reserving, Pricing, and Portfolio Management to enhance the feedback loop and decision-making processes.
- New Business Lines: Assist in evaluating and analyzing actuarial impacts for emerging or innovative lines of business.
What We’re Looking For
- Educational Background: A 1st class or Upper 2nd class degree in a numerate subject.
- Professional Progression: Demonstrable progress toward an actuarial qualification, with a preference for experience in reserving, ideally within the London Market.
- Technical Skills:
- Proficiency in Microsoft Office Suite.
- Desirable experience in programming languages such as VBA, SQL, and Python.
- Problem Solving: A creative and analytical approach to solving complex challenges.
- Efficiency & Automation: A keen eye for process improvement and optimization.
- Communication: Strong interpersonal, written, and oral communication skills.
- Work Ethic: A proactive, reliable, and driven approach to achieving objectives.
What You’ll Gain
- A competitive salary complemented by a discretionary bonus.
- Comprehensive benefits including a non-contributory pension and private medical insurance.
- Opportunities for professional growth and development in a supportive and inclusive work environment.
- A hybrid working model with flexibility to balance personal and professional commitments.
Our Commitment to Inclusion
We believe in empowering individuals to achieve their potential by fostering a culture of inclusivity and equity. Our diverse workforce is vital to serving the needs of an ever-changing global market. We are committed to nurturing talent, providing opportunities for growth, and celebrating the unique perspectives every team member brings.
Through dedicated programs, training, and support, we strive to create a workplace where everyone can thrive and contribute to meaningful solutions.
