Reserving Actuary – 28632

Reserving Actuary – 28632

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

  • Tasks: Join our team to provide actuarial advice and analyse reserve variability.
  • Company: A leading multinational financial services firm with a focus on innovation.
  • Benefits: Enjoy hybrid working, competitive salary, and opportunities for professional growth.
  • Why this job: Be part of a dynamic team making impactful decisions in the insurance sector.
  • Qualifications: Experience in actuarial roles, strong analytical skills, and proficiency in Excel required.
  • Other info: This is a permanent position based in London or Leeds.

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

They are looking for a Reserving Actuary to join their Actuarial Reserving team responsible for products across International Markets on a full-time, permanent basis.

Location: London or Leeds (Hybrid)

Key Duties (Including but not limited to):

  • Reporting to their Senior Reserving Manager, you’ll provide actuarial advice to the relevant business units, developing relationships with key stakeholders and ensuring the technical quality of work undertaken.
  • You’ll deliver quarterly reserving advice, contribute to business planning, analyze reserve variability, and partner with the business to conduct deep dives into relevant segments of the portfolio, supporting the Actuarial Manager as required.
  • Forecast technical provisions, reserve margins, and reserve uncertainties to support business analysis, MI reports, accounts, business planning, profitability studies, and communications.
  • Support senior team members by working through complex issues and explaining key assumptions to stakeholders.

Experience working within the actuarial function in a multinational financial services business, ideally within General Insurance (GI) Reserving. Stakeholder management skills and experience in discussions with wider business units. Proficiency in analyzing numerical data. Experience with Excel and other analytical tools, with the ability to develop sophisticated models to meet business needs.

Reserving Actuary – 28632 employer: The Emerald Group

As a leading player in the financial services sector, our company offers a dynamic and inclusive work environment where Reserving Actuaries can thrive. With a strong focus on employee development, we provide ample opportunities for professional growth and advancement, supported by a collaborative culture that values innovation and teamwork. Located in vibrant London or Leeds, our hybrid working model ensures a healthy work-life balance while you contribute to impactful projects across international markets.
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Contact Detail:

The Emerald Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Actuary – 28632

Tip Number 1

Familiarise yourself with the latest trends and regulations in the actuarial field, especially those related to General Insurance. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving industry.

Tip Number 2

Network with professionals already working in actuarial roles, particularly in reserving. Attend industry events or join relevant online forums to connect with potential colleagues and learn about their experiences, which can provide valuable insights for your application.

Tip Number 3

Prepare to discuss specific examples of how you've successfully managed stakeholder relationships in previous roles. Highlighting your communication skills and ability to explain complex actuarial concepts will set you apart from other candidates.

Tip Number 4

Brush up on your Excel skills and any other analytical tools mentioned in the job description. Being able to demonstrate your proficiency in developing sophisticated models will be crucial in showcasing your technical capabilities during the interview process.

We think you need these skills to ace Reserving Actuary – 28632

Actuarial Expertise
Stakeholder Management
Numerical Data Analysis
Excel Proficiency
Model Development
Technical Provision Forecasting
Reserve Margin Analysis
Communication Skills
Business Planning
Problem-Solving Skills
Attention to Detail
Collaboration Skills
Understanding of General Insurance Reserving
Adaptability

Some tips for your application 🫡

Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Reserving Actuary. Familiarise yourself with key duties such as providing actuarial advice, developing stakeholder relationships, and analysing reserve variability.

Tailor Your CV: Highlight your experience in the actuarial function, particularly within General Insurance Reserving. Emphasise your skills in stakeholder management, numerical data analysis, and proficiency with Excel and analytical tools.

Craft a Compelling Cover Letter: In your cover letter, explain why you are interested in this position and how your background aligns with the company's needs. Mention specific experiences that demonstrate your ability to deliver quarterly reserving advice and support senior team members.

Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors or inconsistencies. A polished application reflects your attention to detail, which is crucial for an actuarial role.

How to prepare for a job interview at The Emerald Group

Understand the Role

Make sure you have a solid grasp of what a Reserving Actuary does. Familiarise yourself with key responsibilities like providing actuarial advice, analysing reserve variability, and working with stakeholders. This will help you answer questions confidently and demonstrate your knowledge.

Showcase Your Analytical Skills

Prepare to discuss your experience with numerical data analysis and the tools you've used, especially Excel. Be ready to share examples of how you've developed models or conducted analyses that contributed to business decisions in previous roles.

Highlight Stakeholder Management Experience

Since the role involves working closely with various business units, be prepared to talk about your experience in stakeholder management. Share specific examples of how you've built relationships and communicated complex actuarial concepts to non-technical audiences.

Prepare for Technical Questions

Expect technical questions related to reserving practices and methodologies. Brush up on relevant actuarial principles and be ready to explain your thought process when tackling complex issues. This will show your depth of knowledge and problem-solving abilities.

Reserving Actuary – 28632
The Emerald Group
Location: Leeds

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