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- Tasks: Lead reserving tasks across various markets and support innovative projects.
- Company: Join a major global consultancy known for its diverse opportunities.
- Benefits: Enjoy flexible working options and access to cutting-edge technologies.
- Why this job: Be part of a dynamic team shaping the future of actuarial practices.
- Qualifications: Part-qualified or qualified non-life actuary with strong reserving experience required.
- Other info: Opportunity to work with AI and modernise processes in a collaborative environment.
The predicted salary is between 48000 - 72000 £ per year.
Are you a part-qualified (or qualified) non-life actuary with a strong reserving background and experience across several lines? Then this is a fantastic opportunity to take the next step on your career ladder within a major global consultancy.
In this exciting and diverse role, you will be responsible for reserving across Lloyd’s & London Market, UK and global personal and commercial businesses. Within this, you will cover GAAP, Solvency II technical provisions and IFRS 17 reporting.
You will also support post-merger integration, cost reduction, modelling and process modernization, using cutting edge technologies, including AI/Gen AI etc., to future proof outputs. In addition, you will have the chance to get involved with underwriting & pricing transformation, including pricing model rationalization, pricing model re-platforming etc.
With strong written and oral communication skills, the successful candidate will possess demonstrable experience of taking ownership of workstreams and projects to completion.
(Senior) Actuarial Reserving Consultant employer: Actuarial Futures
Contact Detail:
Actuarial Futures Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land (Senior) Actuarial Reserving Consultant
✨Tip Number 1
Network with professionals in the actuarial field, especially those who work in non-life insurance. Attend industry events or webinars to connect with potential colleagues and learn more about the latest trends in reserving and pricing.
✨Tip Number 2
Familiarise yourself with the latest technologies in actuarial science, particularly AI and Gen AI applications. Being able to discuss how these technologies can enhance reserving processes will set you apart during interviews.
✨Tip Number 3
Prepare to discuss your experience with GAAP, Solvency II, and IFRS 17 reporting in detail. Be ready to provide examples of how you've successfully managed these frameworks in previous roles.
✨Tip Number 4
Showcase your project management skills by preparing specific examples of workstreams you've led to completion. Highlight your ability to take ownership and drive projects forward, as this is crucial for the role.
We think you need these skills to ace (Senior) Actuarial Reserving Consultant
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your relevant experience in actuarial reserving, particularly in non-life sectors. Emphasise your familiarity with GAAP, Solvency II, and IFRS 17 reporting, as well as any experience with AI technologies.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the consultancy sector. Mention specific projects where you took ownership and how your skills align with the responsibilities outlined in the job description.
Highlight Communication Skills: Since strong written and oral communication skills are essential, provide examples in your application of how you've effectively communicated complex actuarial concepts to non-technical stakeholders.
Showcase Continuous Learning: Mention any ongoing professional development or courses related to actuarial science, especially those focusing on modern technologies like AI. This demonstrates your commitment to staying current in the field.
How to prepare for a job interview at Actuarial Futures
✨Showcase Your Technical Knowledge
Make sure to brush up on your understanding of GAAP, Solvency II, and IFRS 17 reporting. Be prepared to discuss how you've applied these principles in your previous roles, as this will demonstrate your expertise and readiness for the position.
✨Highlight Your Project Ownership
The role requires taking ownership of workstreams and projects. Prepare examples from your past experiences where you successfully led a project from start to finish, focusing on the challenges you faced and how you overcame them.
✨Emphasise Communication Skills
Strong written and oral communication skills are essential. Practice articulating complex actuarial concepts in a clear and concise manner, as you may need to explain your findings to non-technical stakeholders during the interview.
✨Familiarise Yourself with Cutting-Edge Technologies
Since the role involves using AI and Gen AI technologies, be ready to discuss any relevant experience you have with these tools. If you haven't worked directly with them, consider researching their applications in actuarial reserving to show your enthusiasm for innovation.
