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- Tasks: Join a dynamic team to assist with the end-to-end reserving process and portfolio analysis.
- Company: Arthur specializes in talent solutions for insurance clients across the UK & Ireland.
- Benefits: Enjoy internal growth opportunities and exposure to various business areas.
- Why this job: Make a real impact in a small team while collaborating closely with key departments.
- Qualifications: Nearly or newly qualified actuary with 3+ years of London market reserving experience.
- Other info: This role offers a competitive salary between £70,000 - £90,000 per annum.
The predicted salary is between 60000 - 80000 £ per year.
Job Description
Location: Central London
Date Posted: 1 week ago
Focusing on the junior-senior level within the UK & Ireland, the Actuarial Team at Arthur provides talent solutions to a broad range of insurance clients, including Lloyd’s/London market, personal and commercial lines insurers, life insurers, reinsurers, brokers, consultancies, regulators, and non-traditional businesses such as banks, investment funds, and software houses.
Our extensive network of market contacts, links to professional bodies, and knowledge of candidate needs in this space allows us to provide excellent services to both clients and candidates alike. Our services include contingent and retained search, market mapping, and salary & benefits benchmarking.
Experience needed:
- Qualified
- Almost Qualified
Salary: £70,000 – £90,000 per annum
We are working with a global risk carrier looking for a nearly / newly qualified reserving actuary to join their team in London. The role reports into the Chief Actuary and will work very closely with the capital, underwriting, and pricing teams, with opportunities to get involved in pricing work.
This company prides itself on internal opportunities and offering employees exposure to multiple areas of the business, with known instances of employees changing functions. This is possible due to the small team makeup, which gives everyone visibility and the ability to have a clear impact on decision-making.
The role will cover non-Lloyd's P&C and Specialty products with a focus on direct, but some exposure to reinsurance. The day-to-day responsibilities will include assisting with the end-to-end reserving process, portfolio analysis, and business planning.
The ideal candidate will be nearly / newly qualified with 3+ years of London market reserving experience. Communication skills are key due to the wide remit and collaborative nature of the role.
To find out more, click apply.
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Senior Reserving Analyst / Reserving Actuary employer: Actuariesonline
Contact Detail:
Actuariesonline Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reserving Analyst / Reserving Actuary
✨Tip Number 1
Make sure to leverage your network within the London insurance market. Reach out to former colleagues or industry contacts who may have insights into the company culture and the specific team dynamics at the global risk carrier.
✨Tip Number 2
Familiarize yourself with the latest trends in reserving practices, especially in the context of non-Lloyd's P&C and Specialty products. Being able to discuss these topics during your conversations will demonstrate your expertise and enthusiasm for the role.
✨Tip Number 3
Prepare to showcase your communication skills by practicing how you would explain complex actuarial concepts to non-technical stakeholders. This will be crucial given the collaborative nature of the role and the need to work closely with various teams.
✨Tip Number 4
Research the company's approach to internal mobility and career development. Be ready to discuss how you envision your career path within the organization and how you can contribute to multiple areas of the business.
We think you need these skills to ace Senior Reserving Analyst / Reserving Actuary
Some tips for your application 🫡
Understand the Role: Make sure to thoroughly read the job description and understand the responsibilities of a Senior Reserving Analyst. Highlight your relevant experience in reserving processes, portfolio analysis, and business planning.
Tailor Your CV: Customize your CV to reflect your qualifications and experience that align with the requirements of the role. Emphasize your London market reserving experience and any relevant projects you've worked on.
Craft a Strong Cover Letter: Write a compelling cover letter that showcases your communication skills and explains why you are a great fit for the team. Mention your interest in working closely with capital, underwriting, and pricing teams.
Highlight Your Qualifications: Clearly state your qualifications, especially if you are nearly or newly qualified. Include any relevant certifications and your years of experience in the industry to strengthen your application.
How to prepare for a job interview at Actuariesonline
✨Understand the Reserving Process
Make sure you have a solid grasp of the end-to-end reserving process. Be prepared to discuss your experience with portfolio analysis and business planning, as these are key responsibilities in the role.
✨Showcase Your Communication Skills
Since this role requires collaboration with various teams, highlight your communication skills during the interview. Share examples of how you've effectively worked with underwriting, pricing, or capital teams in the past.
✨Familiarize Yourself with the London Market
Given the focus on the London market, it’s crucial to demonstrate your understanding of its dynamics. Research current trends and challenges in the market to discuss them intelligently during your interview.
✨Express Interest in Internal Opportunities
This company values internal mobility, so express your enthusiasm for exploring different functions within the organization. Discuss how you see yourself growing and contributing in various areas beyond just reserving.
