At a Glance
- Tasks: Conduct actuarial reserving analysis and enhance models for Lloyd's business.
- Company: Join a leading Lloyd’s syndicate with a dynamic actuarial team.
- Benefits: Hybrid working, exposure to diverse business lines, and support for actuarial exams.
- Other info: Collaborative environment with opportunities for continuous improvement and career growth.
- Why this job: Make a real impact in the insurance industry while developing your skills.
- Qualifications: Studying towards IFOA qualification with strong analytical and communication skills.
The predicted salary is between 40000 - 50000 £ per year.
A leading Lloyd’s syndicate is hiring a Reserving Actuarial Analyst to join its actuarial reserving team. The role offers broad exposure across Lloyd’s lines of business, with strong involvement in reserving analysis, stakeholder interaction, and actuarial exam progression.
Key Responsibilities
- Perform actuarial reserving analysis across Lloyd’s business
- Support and enhance reserving models, assumptions and methodologies
- Analyse data and interpret reserving outputs to inform business decisions
- Communicate actuarial results to underwriting, claims and finance teams
- Contribute to continuous improvement of reserving processes
Candidate Profile
- Actuarial Analyst currently studying towards IFOA qualification
- Experience or interest in general insurance / Lloyd’s reserving
- Strong analytical, numerical and communication skills
- Commercially aware with attention to detail
Working Pattern
Hybrid working (typically 3 days per week in the London office)
Reserving Analyst employer: Arthur
As a leading Lloyd’s syndicate, we pride ourselves on fostering a dynamic and inclusive work culture that encourages professional growth and development. Our Reserving Analysts benefit from a hybrid working model, allowing for flexibility while engaging in meaningful projects that directly impact the business. With strong support for actuarial exam progression and opportunities to collaborate with diverse teams, we are committed to nurturing talent and driving success in the heart of London.
StudySmarter Expert Advice🤫
We think this is how you could land Reserving Analyst
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field, especially those working in Lloyd’s. A friendly chat can lead to valuable insights and even job leads.
✨Tip Number 2
Prepare for interviews by brushing up on your reserving knowledge. Be ready to discuss your analytical skills and how they apply to real-world scenarios in Lloyd’s business.
✨Tip Number 3
Showcase your communication skills! Practice explaining complex actuarial concepts in simple terms. This will impress interviewers and demonstrate your ability to interact with non-actuarial teams.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Reserving Analyst
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reserving Analyst role. Highlight any relevant experience or skills that match the job description, especially your actuarial studies and any previous work in general insurance.
Showcase Your Analytical Skills:Since this role requires strong analytical abilities, include examples of how you've used these skills in past experiences. Whether it's through projects, coursework, or previous jobs, let us see your numerical prowess!
Communicate Clearly:In your cover letter, communicate your passion for actuarial work and your understanding of the Lloyd’s market. Use clear and concise language to demonstrate your communication skills, as you'll need them to interact with various teams.
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding the hiring process.
How to prepare for a job interview at Arthur
✨Know Your Numbers
As a Reserving Analyst, you'll be dealing with a lot of data. Brush up on your actuarial concepts and be ready to discuss how you would approach reserving analysis. Familiarise yourself with common methodologies and be prepared to explain your thought process.
✨Showcase Your Communication Skills
You'll need to communicate complex actuarial results to various teams. Practice explaining your past projects or analyses in simple terms. This will demonstrate your ability to convey technical information clearly, which is crucial for stakeholder interaction.
✨Understand the Business
Get a good grasp of Lloyd’s lines of business and how they operate. Research recent trends in the insurance market and think about how they might impact reserving. Showing that you’re commercially aware will impress your interviewers.
✨Prepare Questions
Interviews are a two-way street! Prepare thoughtful questions about the team, the company culture, and the specific challenges they face in reserving. This shows your genuine interest in the role and helps you assess if it’s the right fit for you.
