Reserving Actuary in London

Reserving Actuary in London

London Full-Time 55000 - 70000 £ / year (est.) No home office possible
A

At a Glance

  • Tasks: Support the Lead Reserving Actuary and analyse quarterly reserving projections.
  • Company: Join Antares, a collaborative and inclusive organisation that values every voice.
  • Benefits: Continuous learning opportunities, professional development, and a supportive culture.
  • Other info: Empowerment and collaboration are at the heart of our innovative working environment.
  • Why this job: Make a real impact in a dynamic environment while growing your actuarial skills.
  • Qualifications: University degree in Mathematics and qualified Actuary (FIA or equivalent).

The predicted salary is between 55000 - 70000 £ per year.

At Antares, our success starts with our people. We are a collaborative and inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues. Whatever stage of your career, you will find a place to belong, contribute, develop, and we would love to hear from you.

Knowledge and Qualifications

  • University degree in Mathematics or related field
  • Qualified Actuary (FIA or equivalent)

Skills and Demonstrated Experience

  • General commercial and financial knowledge
  • Experienced user of MS Excel; VBA and Access/SQL skills
  • Strong technical skills and relevant market knowledge with good experience of reserving and actuarial valuation techniques
  • Strong analytical skills with attention to detail; accurate and numerate
  • Investigating ability to understand claim trends, impact of legislative and other drivers
  • Ability to communicate effectively both verbally and in writing
  • Works well as part of a high performing team, providing support and coaching as well as able to work on own initiative
  • Pro-active, takes the initiative and adopts a positive approach to challenges seeking to make improvements
  • Ability to manage time, meet deadlines and prioritise
  • Continue to develop and improve own capability including non-technical soft skill aspects

Role Summary

The role supports the Lead Reserving Actuary and their team across all aspects of the Actuarial Function Holder responsibilities for Antares' Bermuda operations. This includes Antares RE (a Bermuda‐domiciled reinsurance company), its subsidiary QEL (a European insurance company), and group‐level reporting for Antares Holdings (a Bermuda‐domiciled holding company). The role provides coaching and technical support for the more junior members of the actuarial team. The role holder, their team and the Actuarial function holder carry out the quarterly reserving processes, portfolio reviews and other ad-hoc deep dive analyses.

  • Analysis of quarterly reserving projections and A vs E
  • Solvency II technical provisions and IFRS17 fulfilment cashflows
  • Reserving analysis and input into assessments of business profitability
  • Lead or support actuarial input to meetings alongside other members of the actuarial reserving team with product line underwriters and claims personnel to discuss account performance, underwriting changes, latest developments and trends
  • Produce quarterly reserving outcomes for reserving committee that provide insight and explaining core drivers and uncertainties
  • Undertake deep dive analysis into range of reserving issues or areas of interest to support overall reserving activity
  • Work closely with Finance and Risk functions to ensure financial close numbers fully and correctly capture all relevant actuarial outputs

To contribute to the growth, development and sustained profitability of Antares Global. The role sits within the reserving team responsible for Antares RE and QEL which includes Motor Reinsurance, Property Catastrophe, Casualty and Marine amongst others.

Key Accountabilities

  • Produce quarterly reserving results for review
  • Effective input to the Business Planning
  • Support the maintenance of appropriate systems practices, data, services and technical standards for the work of the team
  • Provides input to multi-disciplinary projects
  • Ensures own Personal Performance and Development Plan (PPDP) and Continuing Professional Development (CPD) is maintained
  • Maintains a positive internal and external business profile

Support team members

  • Contribute to constructive feedback for team members
  • Foster collaboration within and across teams
  • Promote open communication and demonstrate appropriate behaviours
  • Provide coaching and technical support for other more junior team members

At Antares, we empower our talented team members through active involvement and collaboration, driving strategic and business goals whilst delivering exceptional services to our customers and partners. Our unique organisational structure fosters unparalleled sharing of information, knowledge and expertise, creating a vibrant and innovative working environment. Our culture of excellence is fuelled by continuous learning and development opportunities across all areas of our international operations. We believe in nurturing your potential and helping you grow with us.

  • Empowerment: Be a part of decision-making processes that shape our future.
  • Collaboration: Work with a diverse team of experts who share their knowledge and insights.
  • Growth: Access to continuous learning and development programs to enhance your skills.
  • Innovation: Thrive in an environment that encourages creativity and forward-thinking.

Join us and be a part of a team that values your contributions and supports your professional journey. Together, we can achieve greatness!

Reserving Actuary in London employer: Antares Global Management Limited

At Antares, we pride ourselves on being an exceptional employer, offering a collaborative and inclusive work culture that values every voice. Our Bermuda location provides unique opportunities for professional growth through continuous learning and development, while our commitment to empowerment and innovation ensures that you can make a meaningful impact in your role as a Reserving Actuary. Join us to thrive in a supportive environment where your contributions are recognised and celebrated.
A

Contact Detail:

Antares Global Management Limited Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Actuary in London

Tip Number 1

Network like a pro! Reach out to current or former employees at Antares on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

Tip Number 2

Prepare for the interview by brushing up on your technical skills. Make sure you can discuss reserving techniques and your experience with MS Excel, VBA, and SQL confidently. We want to see that you know your stuff!

Tip Number 3

Show off your analytical skills during the interview. Be ready to discuss how you've tackled complex problems in the past, especially those related to claim trends and actuarial valuations. We love a good story!

Tip Number 4

Don’t forget to highlight your teamwork abilities! Antares values collaboration, so share examples of how you've supported and coached others in your previous roles. It’s all about building that positive vibe!

We think you need these skills to ace Reserving Actuary in London

Qualified Actuary (FIA or equivalent)
MS Excel
VBA
Access/SQL
Reserving Techniques
Actuarial Valuation Techniques
Analytical Skills
Attention to Detail
Investigating Ability
Effective Communication Skills
Team Collaboration
Proactive Approach
Time Management
Coaching and Mentoring

Some tips for your application 🫡

Show Your Passion: When writing your application, let your enthusiasm for the role shine through! We want to see why you're excited about becoming a Reserving Actuary at Antares and how you can contribute to our collaborative culture.

Tailor Your CV: Make sure to customise your CV to highlight relevant experience and skills that match the job description. We love seeing how your background in Mathematics and actuarial techniques aligns with what we're looking for!

Be Clear and Concise: Keep your application straightforward and to the point. We appreciate clarity, so make sure your writing is easy to read and free of jargon. This will help us understand your qualifications and fit for the team.

Apply Through Our Website: Don't forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our team!

How to prepare for a job interview at Antares Global Management Limited

Know Your Numbers

As a Reserving Actuary, you'll need to demonstrate your strong analytical skills. Brush up on your knowledge of reserving techniques and be prepared to discuss how you've applied them in previous roles. Use specific examples to showcase your expertise in analysing claim trends and financial projections.

Excel Like a Pro

Since the role requires an experienced user of MS Excel, VBA, and Access/SQL, make sure you can confidently navigate these tools. Consider preparing a mini-project or case study that highlights your technical skills, and be ready to discuss how you've used these tools to solve complex problems in your past work.

Communicate Clearly

Effective communication is key in this role, especially when collaborating with underwriters and claims personnel. Practice explaining complex actuarial concepts in simple terms. You might even want to prepare a few scenarios where you successfully communicated findings to non-technical stakeholders.

Show Your Team Spirit

Antares values collaboration, so be ready to talk about your experience working in teams. Share examples of how you've supported junior team members or contributed to a positive team environment. Highlight any coaching or mentoring experiences to show that you're not just a lone wolf but a team player.

Reserving Actuary in London
Antares Global Management Limited
Location: London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>