Reserving Actuary

Reserving Actuary

Slough Full-Time 48000 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Join a dynamic team focusing on reserving, capital, and pricing projects.
  • Company: Work with a leading client in the actuarial field based in London.
  • Benefits: Enjoy flexible long-term progression and autonomy as you grow.
  • Why this job: Gain diverse industry exposure while developing your actuarial skills.
  • Qualifications: Nearly or newly qualified actuary with 4+ years of reserving experience.
  • Other info: This role reports directly to the Chief Actuary.

The predicted salary is between 48000 - 72000 £ per year.

One of our clients are looking for a nearly / newly qualified reserving actuary to join their team in London. This role reports into the Chief Actuary and whilst it will have a reserving focus, there will be exposure to Capital and Pricing projects, which makes it a great role if you’re looking to get exposure to other areas of the industry.

The work will cover all products and autonomy of processes will grow as you develop within the team, with the long-term progression being flexible depending on preference.

The ideal candidate will be nearly or newly qualified with 4+ years of reserving experience and a commercial mind set.

Apply today to learn more!

Reserving Actuary employer: Arthur Recruitment

Our company is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. With a strong focus on employee development, we provide ample opportunities for growth and exposure to diverse projects beyond reserving, including Capital and Pricing. Our supportive culture encourages autonomy and flexibility, ensuring that you can shape your career path while contributing to meaningful work in the insurance industry.
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Contact Detail:

Arthur Recruitment Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Actuary

✨Tip Number 1

Network with professionals in the actuarial field, especially those who work in reserving. Attend industry events or webinars to connect with potential colleagues and learn about their experiences.

✨Tip Number 2

Familiarise yourself with the latest trends and developments in reserving, capital, and pricing. This knowledge will not only help you in interviews but also demonstrate your genuine interest in the role.

✨Tip Number 3

Prepare to discuss specific projects or challenges you've faced in your previous roles. Highlight how your experience aligns with the responsibilities of the Reserving Actuary position and how you can contribute to the team.

✨Tip Number 4

Showcase your commercial mindset by being ready to discuss how reserving impacts overall business strategy. Understanding the bigger picture will set you apart from other candidates.

We think you need these skills to ace Reserving Actuary

Actuarial Skills
Reserving Techniques
Statistical Analysis
Financial Modelling
Capital Modelling
Pricing Strategies
Risk Assessment
Data Interpretation
Communication Skills
Team Collaboration
Problem-Solving Skills
Attention to Detail
Regulatory Knowledge
Commercial Awareness

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your reserving experience and any relevant projects you've worked on. Emphasise your qualifications and how they align with the requirements of the Reserving Actuary role.

Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention your nearly or newly qualified status and how your 4+ years of experience make you a strong candidate for the position.

Highlight Relevant Skills: In your application, focus on skills that are pertinent to the role, such as analytical abilities, attention to detail, and experience with Capital and Pricing projects. This will demonstrate your readiness for the responsibilities outlined in the job description.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or typos. A polished application reflects your professionalism and attention to detail, which are crucial in the actuarial field.

How to prepare for a job interview at Arthur Recruitment

✨Understand the Role

Make sure you have a clear understanding of what a reserving actuary does, especially in relation to capital and pricing projects. Familiarise yourself with the key responsibilities and how they fit into the broader context of the insurance industry.

✨Showcase Your Experience

Prepare to discuss your previous reserving experience in detail. Highlight specific projects you've worked on, the methodologies you used, and the outcomes. This will demonstrate your expertise and readiness for the role.

✨Ask Insightful Questions

Prepare thoughtful questions about the team dynamics, the types of products you'll be working with, and the company's approach to capital and pricing. This shows your genuine interest in the role and helps you assess if it's the right fit for you.

✨Demonstrate a Commercial Mindset

Be ready to discuss how your actuarial skills can contribute to the commercial success of the company. Think about how you can add value beyond traditional reserving tasks, and be prepared to share your ideas during the interview.

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