Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead quarterly reserving and financial reporting while enhancing actuarial analytics.
- Company: Join a rapidly growing Lloyd's business with a top-rated Chief Actuary.
- Benefits: Opportunity to make a significant impact from day one in a newly created role.
- Why this job: Build an exciting team and influence key decisions in a dynamic environment.
- Qualifications: Experience as a reserving actuary or consultant is essential.
- Other info: Collaborate closely with Underwriting, Finance, and Reinsurance teams.
The predicted salary is between 72000 - 108000 £ per year.
We have partnered with a rapidly growing Lloyd’s business to find them a Head of Reserving working closely with one of the market’s most highly rated Chief Actuaries. This is a great opportunity to take ownership of a newly created role and make a huge impact from day one across their Re/Insurance books.
Responsibilities:
- Carrying out quarterly reserving and financial reporting while developing the analytical and reporting capabilities of the actuarial function.
- Presenting results to the Chief Actuary, senior management, and committees.
- Building close relationships with the wider business including Underwriting, Actuarial, Finance, and Reinsurance teams.
- Managing and growing a small team.
- Developing reserving MI to be used across the business and carrying out deep dive reviews.
- Assessing performance and highlighting areas of potential concern.
- Managing the delivery of TPs.
- Assisting the wider actuarial function with Pricing and/or Capital.
This is a great opportunity for a reserving actuary or consultant to come in and build an exciting team with the close guidance of the Chief Actuary while stepping into a more influential position.
#J-18808-Ljbffr
Head of Reserving Actuary (Lloyd's) employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Reserving Actuary (Lloyd's)
✨Tip Number 1
Make sure to familiarize yourself with the specific reserving methodologies used in Lloyd's markets. Understanding the nuances of these practices will help you stand out during discussions with the Chief Actuary and senior management.
✨Tip Number 2
Network with professionals in the Lloyd's market, especially those in actuarial roles. Building relationships with peers can provide valuable insights and potentially lead to referrals that could enhance your application.
✨Tip Number 3
Prepare to discuss your experience in managing teams and developing analytical capabilities. Highlight specific examples where you've successfully led projects or initiatives that improved reporting processes or team performance.
✨Tip Number 4
Stay updated on current trends and challenges in the re/insurance industry, particularly those affecting reserving practices. Being knowledgeable about the market will demonstrate your commitment and readiness to take on this influential role.
We think you need these skills to ace Head of Reserving Actuary (Lloyd's)
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly understand the responsibilities and expectations of the Head of Reserving Actuary position. Highlight your relevant experience in reserving, financial reporting, and team management in your application.
Tailor Your CV: Customize your CV to reflect your experience in actuarial functions, particularly in reserving and financial reporting. Use specific examples that demonstrate your analytical skills and ability to present results to senior management.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the impact you can make. Mention your experience in building relationships across teams and how you plan to develop the actuarial function within the company.
Highlight Leadership Experience: Since this role involves managing and growing a small team, emphasize any previous leadership roles or experiences you have had. Discuss your approach to team development and collaboration with other departments.
How to prepare for a job interview at HFG
✨Understand the Role and Responsibilities
Make sure you have a clear understanding of the Head of Reserving role and its responsibilities. Familiarize yourself with quarterly reserving processes, financial reporting, and how these impact the overall business. This will help you articulate your relevant experience and how you can contribute from day one.
✨Showcase Your Analytical Skills
Prepare to discuss your analytical capabilities and how you've developed reporting functions in previous roles. Be ready to provide examples of how you've used data to drive decisions and improve processes, as this is crucial for the position.
✨Build Relationships
Highlight your experience in building relationships across different teams such as Underwriting, Finance, and Reinsurance. Discuss specific instances where collaboration led to successful outcomes, as this role requires strong interpersonal skills.
✨Demonstrate Leadership Experience
Since you'll be managing and growing a small team, be prepared to talk about your leadership style and past experiences. Share examples of how you've motivated teams, managed performance, and fostered a positive working environment.
