At a Glance
- Tasks: Lead actuarial reserving for Motor and Home portfolios, ensuring high-quality analysis and reporting.
- Company: Join Ageas, a top employer in the UK with a supportive culture.
- Benefits: Enjoy flexible working, generous holiday, health support, and competitive salary packages.
- Other info: Opportunities for professional growth and collaboration with senior stakeholders.
- Why this job: Make a real impact in a senior leadership role during exciting company changes.
- Qualifications: 7+ years of actuarial experience and strong leadership skills required.
The predicted salary is between 72000 - 88000 £ per year.
Head of Broker & Partnerships Reserving: We are pleased to share an opportunity for the role of Head of Broker & Partnerships Reserving within the Actuarial function.
Reporting to the Chief Actuary, this role will be accountable for leading actuarial reserving for various portfolios across Motor and Home Lines of Business.
The successful candidate will ensure high-quality reserve setting and reporting, provide clear analysis of portfolio performance, and support the wider business through robust, actionable insight.
This is a senior leadership role with ownership of and accountability for reserving outputs.
The role requires a strong balance of technical judgement, delivery execution and stakeholder influence, operating within centrally defined methodologies, controls and governance frameworks.
Over the course of the contract term, the wider team and company will continue undergoing an integration journey – this role will therefore need to demonstrate strong leadership through periods of significant change.
You will also be required to occasionally travel to our Eastleigh office.
Main Responsibilities as Head of Broker & Partnerships Reserving
- Leading reserve setting for various portfolios, including assumptions, methodologies and reporting outputs.
- Owning movement analysis, portfolio performance commentary and reserving committee papers.
- Delivering segment-level claims analysis and identifying emerging trends across Motor and Home.
- Ensuring reserving controls and KRI reporting are delivered in line with governance frameworks.
- Leading and developing a team of actuarial professionals, allocating work and managing delivery across reserving cycles.
- Partnering closely with senior stakeholders across Actuarial, Claims, Underwriting, Pricing and Finance.
- Supporting audit and regulatory engagement in relation to reserving.
- Providing cross-portfolio insight by working collaboratively with other Reserving leadership teams.
- Skills and experience you need as Head of Broker & Partnerships Reserving:
- Significant General Insurance reserving experience, with the ability to own reserving cycles from end-to-end.
- A minimum of 7 years’ actuarial experience, within a General Insurance environment.
- Strong technical reserving expertise, including assumptions, methodologies, controls and governance.
- Proven experience leading, managing and developing high-performing actuarial teams (including the direct management and development of people managers/team leaders).
- Confident stakeholder engagement skills, with the ability to communicate complex actuarial insight clearly to senior audiences.
- A collaborative leadership style, with a focus on technical rigour, accountability and continuous improvement.
At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve, Top Employer status in the UK.
Here are some of the benefits you can enjoy at Ageas
- Flexible Working- Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc.
We also offer all our vacancies part-time/job-shares.
We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.
- Supporting your Health- Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Mindfulness.
- Supporting your Wealth- 50% off esure and Sheilas' Wheels motor and home insurance, Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.
- Supporting you at Work- Well-being activities, mindfulness sessions, Sports and Social Club events and more.
- Supporting you and your Family- Maternity/pregnant parent/primary adopter entitlement of 16 weeks at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.
- Benefits for Them- Partner Life Assurance and Critical Illness cover.
- Get some Tech- Deals on various gadgets including Wearables, Tablets and Laptops.
- Getting around- Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover.
- Supporting you back to work- Return to work programme after maternity leave
Head of Broker & Partnerships Reserving (Maternity Cover) in London employer: Ageas Insurance Ltd
Ageas Insurance Ltd is an exceptional employer, offering a dynamic work environment that fosters professional growth and development. With a strong emphasis on financial governance and compliance, employees benefit from competitive salaries and a comprehensive benefits package, all while being part of a company that values integrity and collaboration during this exciting phase of growth.
StudySmarter Expert Advice🤫
We think this is how you could land Head of Broker & Partnerships Reserving (Maternity Cover) in London
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We think you need these skills to ace Head of Broker & Partnerships Reserving (Maternity Cover) in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Ageas Insurance Ltd.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Ageas Insurance Ltd. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Ageas Insurance Ltd
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Ageas Insurance Ltd to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Ageas Insurance Ltd, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Ageas Insurance Ltd's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
