Find a job 
Featured Companies 
Featured Universities 
For Companies At a Glance
- Tasks: Lead reserving exercises and contribute to capital calculations for diverse legacy business.
- Company: Join a dynamic run-off (re)insurance group with a strong actuarial function.
- Benefits: Competitive salary, professional development, and exposure to senior stakeholders.
- Why this job: Make a real impact in the actuarial field while working on innovative projects.
- Qualifications: Qualified or part-qualified GI actuary with experience in reserving techniques.
- Other info: Collaborative environment with opportunities to build relationships across various teams.
The predicted salary is between 36000 - 60000 £ per year.
Arthur is delighted to be supporting a role within the UK actuarial function of a run-off (re)insurance group, supporting reserving and capital activity across a diverse portfolio of legacy business. The position works closely with the Head of Reserving and has extensive exposure to senior stakeholders across the business. It involves leading reserving exercises for selected classes, contributing to capital calculations, and providing actuarial input to support wider business initiatives.
Responsibilities
- Manage the reserving process for allocated classes, potentially including both UK and US long-tail liabilities.
- Support reserving across all lines of business and perform and review a range of reserving techniques, including non-standard approaches where required.
- Work closely with the claims team to incorporate qualitative insight into reserving decisions.
- Contribute to capital modelling activities, including Solvency II Standard Formula calculations and capital projections.
- Provide actuarial support to business initiatives such as commutations, claims analytics and claims-led projects.
- Peer review reserving work completed by other actuarial team members.
- Build and maintain effective relationships across actuarial, claims, finance, risk and senior management teams.
Requirements
- Qualified or part-qualified UK (or equivalent) GI actuary.
- Experience applying a range of reserving techniques and explaining results to non-technical audiences.
- Knowledge of legacy or run-off business is preferred.
- Familiarity with Solvency II Standard Formula and/or internal capital models is advantageous.
Right to Work
Candidates must have the right to work in the UK. Visa sponsorship is not available for this position.
Reserving & Capital Actuary in London employer: Arthur Financial
Contact Detail:
Arthur Financial Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving & Capital Actuary in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in reserving or capital roles. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Prepare for interviews by brushing up on your reserving techniques and capital modelling knowledge. Be ready to discuss how you've applied these skills in past roles, and don’t forget to highlight your ability to communicate complex ideas to non-technical folks!
✨Tip Number 3
Showcase your teamwork skills! Since this role involves working closely with claims teams and senior stakeholders, be prepared to share examples of how you've successfully collaborated in the past. We love hearing about your experiences!
✨Tip Number 4
Don’t just apply anywhere—apply through our website! We want to see your application and get to know you better. Plus, it’s a great way to ensure your CV lands directly in the right hands.
We think you need these skills to ace Reserving & Capital Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reserving & Capital Actuary role. Highlight your experience with reserving techniques and any relevant projects you've worked on. We want to see how your skills match what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about this role and how your background fits with our team. Don’t forget to mention your familiarity with Solvency II and legacy business if applicable.
Showcase Your Communication Skills: Since you'll be working closely with non-technical audiences, it's important to demonstrate your ability to explain complex actuarial concepts in simple terms. We love candidates who can bridge the gap between technical and non-technical stakeholders!
Apply Through Our Website: We encourage you to apply through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!
How to prepare for a job interview at Arthur Financial
✨Know Your Numbers
As a Reserving & Capital Actuary, you'll need to be comfortable with various reserving techniques. Brush up on your knowledge of Solvency II Standard Formula calculations and be ready to discuss how you've applied these in past roles. This will show that you’re not just familiar with the theory but can also apply it practically.
✨Communicate Clearly
You’ll often need to explain complex actuarial concepts to non-technical stakeholders. Practice simplifying your explanations and using relatable examples. This will demonstrate your ability to bridge the gap between technical and non-technical audiences, which is crucial for this role.
✨Build Relationships
The role involves working closely with various teams, including claims and finance. Think about how you’ve successfully collaborated in the past and be prepared to share specific examples. Highlighting your interpersonal skills will show that you can effectively build relationships across departments.
✨Prepare for Scenario Questions
Expect questions that ask you to solve hypothetical problems or case studies related to reserving and capital modelling. Practise articulating your thought process and decision-making steps. This will help you demonstrate your analytical skills and how you approach complex issues in real-time.
