At a Glance
- Tasks: Deliver high-quality reserving analysis and drive innovation in a global team.
- Company: Join a leading global insurer with an excellent reputation.
- Benefits: Up to £120,000 salary, 25% bonus, and fantastic benefits.
- Other info: Hybrid working model with clear progression to a managerial role.
- Why this job: Work on a $3bn reinsurance portfolio and enhance your skills in SQL and Python.
- Qualifications: Qualified or nearly qualified actuaries with General Insurance Reserving experience.
The predicted salary is between 63000 - 77000 £ per year.
- Senior Reserving Actuary
- London | Hybrid (3 days in the office) | Permanent
- Up to £120,000 + 25% Bonus + Excellent Benefits
- I'm partnering with a leading global insurer to recruit a
Senior Reserving Actuary into its Global Reserving team.
This is an exceptional opportunity to join a highly respected actuarial function responsible for one of the market's largest global reinsurance portfolios, managing approximately
$3bn of reserves .
Working as part of an international team spanning London and the US, you'll play a key role in reserving, regulatory reporting and the continued transformation of the global reserving function.
The Role
You'll be responsible for delivering high-quality reserving analysis while helping drive innovation and process improvement across the team.
Key responsibilities include
- Deliver quarterly reserve reviews and actuarial analysis.
- Prepare, validate and analyse reserving data.
- Manage actuarial data within the MRD reporting environment.
- Support annual regulatory reporting.
- Contribute to global reserving and transformation projects.
- Identify and implement process improvements and efficiencies.
- Lead workstreams and project initiatives, depending on experience.
About You
I'm keen to speak with qualified or nearly qualified actuaries with strong experience within
General Insurance Reserving .
Essential experience
- General Insurance or London Market reserving.
- Strong
SQL skills.
- Experience using
Res Q .
- Excellent analytical and stakeholder management skills.
- Ability to work collaboratively within a global team.
Experience with
Alteryx, Python and Databricks would be highly advantageous.
Why Apply?
- Join a globally recognised insurer with an excellent reputation.
- Work on a
$3bn Global Reinsurance reserve portfolio.
- Gain exposure to
SQL, Res Q, Python, Alteryx and Databricks .
- Play a key role in global reserving projects and process improvement.
- Clear progression pathway into a future
Manager role.
Up to £120,000 basic + 25% annual bonus + excellent benefits.
- Hybrid working with
3 days per week in the London office.
Senior Actuary in Slough employer: Avencia Talent Solutions
Avencia Talent Solutions is an excellent employer, offering a dynamic work culture in Leeds that fosters collaboration and innovation. Employees benefit from professional development opportunities and the chance to contribute to cutting-edge product advancements, making it a rewarding environment for those passionate about the insurance industry.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Actuary in Slough
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Avencia Talent Solutions). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Avencia Talent Solutions. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Actuary in Slough
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 Avencia Talent Solutions.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Avencia Talent Solutions. 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 Avencia Talent Solutions
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Avencia Talent Solutions 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 Avencia Talent Solutions, 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 Avencia Talent Solutions'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.
