Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Conduct high-quality actuarial analysis for reserve reviews and bookings.
- Company: Join RSA, a leading insurance provider with a strong presence in the UK and beyond.
- Benefits: Enjoy hybrid working, flexible hours, and a pension contribution of up to 11%.
- Why this job: Be part of a transformative journey, making a real impact in a supportive team environment.
- Qualifications: Strong communication, numeracy, and problem-solving skills; familiarity with reserving software is a plus.
- Other info: We celebrate individuality and promote an inclusive culture where everyone can thrive.
The predicted salary is between 28800 - 48000 £ per year.
At RSA, we believe insurance is about people, not things. We provide our inspiring colleagues the support and opportunity to grow together, shape the future, and win as a team. We are going through a transformation journey, providing our people with opportunity to be integral to improving our service and delivering better products to brokers and customers.
We are currently recruiting for a Reserving Analyst to join our established and experienced Finance team here at RSA on a hybrid basis.
Your role
The key purpose of the Reserving Analyst role is to carry out high-quality actuarial analysis that feeds into the reserve review and booking process. You will be involved in the reserve input process in order to ensure the best quality information and insight is available for the reserve review work. You will be involved in the reserve output process and be required to explain the results of your work and what it means to senior actuaries and stakeholders throughout the business. Although dedicated to some product classes, you will support wider Corporate Actuarial work as necessary and embrace new technology, techniques and processes to help drive continuous change and improvement. Over time you will periodically rotate between different product classes to gain knowledge and expertise, and to provide variety of work. You will typically be around the actuarial trainee or part-qualified actuary level. Reserving Consultants in the team will be supporting and guiding Analysts in achieving their goals.
About you
To be successful in this role you will need good communication skills, coupled with stakeholder management skills. You will have good numeracy, mathematical and problem-solving skills, with the ability to work independently and as part of a wider team. You will have good technology skills and having exposure to key reserving software (e.g. ResQ) or wider software skills that can be applied to reserving models or improvements (e.g. Excel, VBA, R, Python etc). You will need to be able to challenge standard thinking, as well as being an independent, self-starter.
What we offer you
At RSA we put our people first. We have adopted hybrid working as standard, to give you a better work/life balance and an excellent flexible working mindset. That is on top of a comprehensive range of benefits, including pension contributions of up to 11% looking after you now, and in the future. We’ll give you countless opportunities to continuously develop, alongside a diverse and passionate community of experts – the best the industry has to offer. You’ll be empowered to be your best self, do your best work, and make a meaningful impact. Our employee promise allows you to shape the future, win as a team, and grow with us.
About Us
We celebrate individuality and it is important to us that we have a culture where our people feel respected and valued for who they are. We pride ourselves on being accessible and encourage inclusive environments where our people can always give and show the very best of themselves. We understand that home life is a priority and are happy to consider reduced hours or job shares. If you think you would be a great fit for us, but do not meet all the requirements of the role, please contact us as we would love to discuss how RSA could be the next step in your career journey.
As a Disability Confident employer, we will ensure that a fair and proportionate number of disabled applicants that meet the minimum criteria for this position will be offered an interview. If you wish to be considered under the scheme then please answer yes to the question Do you wish to be considered under the Disability Confident Scheme? in RSA's application form. Please let us know if there are any changes we could make to the application process to make it easier and more comfortable for you. Contact our recruitment team so we can work with you to support you throughout your application.
Reserving Analyst employer: RSA Group
Contact Detail:
RSA Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Analyst
✨Tip Number 1
Familiarise yourself with the key reserving software mentioned in the job description, such as ResQ, Excel, VBA, R, and Python. Having hands-on experience or even completing online courses in these tools can significantly boost your confidence and demonstrate your commitment to the role.
✨Tip Number 2
Develop your communication skills by engaging in discussions or presentations about actuarial concepts. Being able to explain complex ideas clearly will be crucial when interacting with senior actuaries and stakeholders, so practice articulating your thoughts effectively.
✨Tip Number 3
Network with professionals in the actuarial field, especially those who work in reserving roles. Attend industry events or join relevant online forums to gain insights into the latest trends and challenges in the sector, which can help you stand out during interviews.
✨Tip Number 4
Showcase your problem-solving abilities by preparing examples of how you've tackled challenges in previous roles or projects. Be ready to discuss these scenarios during your interview, as they will highlight your analytical skills and ability to think critically.
We think you need these skills to ace Reserving Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Reserving Analyst. Familiarise yourself with actuarial analysis, reserve review processes, and the specific software mentioned in the job description, such as ResQ, Excel, VBA, R, or Python.
Tailor Your CV: Customise your CV to highlight relevant skills and experiences that align with the job requirements. Emphasise your communication skills, problem-solving abilities, and any experience with stakeholder management or actuarial work.
Craft a Compelling Cover Letter: Write a cover letter that showcases your enthusiasm for the role and the company. Mention how your background and skills make you a great fit for RSA, and express your interest in contributing to their transformation journey.
Proofread Your Application: Before submitting, carefully proofread your application materials. Check for spelling and grammatical errors, and ensure that all information is clear and concise. A polished application reflects your attention to detail and professionalism.
How to prepare for a job interview at RSA Group
✨Understand the Role
Make sure you have a clear understanding of what a Reserving Analyst does. Familiarise yourself with the key responsibilities mentioned in the job description, such as actuarial analysis and stakeholder communication. This will help you articulate how your skills align with the role.
✨Showcase Your Technical Skills
Be prepared to discuss your experience with relevant software like ResQ, Excel, VBA, R, or Python. Highlight any projects where you've used these tools to solve problems or improve processes, as this will demonstrate your capability to embrace new technology.
✨Prepare for Stakeholder Interaction
Since good communication and stakeholder management skills are crucial, think of examples from your past experiences where you've successfully communicated complex information to non-technical stakeholders. This will show that you can bridge the gap between technical analysis and business needs.
✨Emphasise Your Problem-Solving Abilities
Be ready to discuss specific challenges you've faced in previous roles and how you approached solving them. This will illustrate your analytical thinking and ability to challenge standard practices, which is essential for continuous improvement in the role.
