At a Glance
- Tasks: Engage in quarterly/annual Reserve reviews and diverse initiatives across Analytics and Pricing.
- Company: Join a leading Lloyd’s Syndicate with a strong Actuarial function.
- Benefits: Gain exposure to senior stakeholders and fast-paced career growth.
- Other info: Coding skills in R or Python are a plus but not essential.
- Why this job: Perfect for aspiring Actuaries looking to make an impact from Day One.
- Qualifications: Ideal for students with around 1 year of experience and progress in IFoA exams.
The predicted salary is between 30000 - 40000 £ per year.
Goodman Masson are pleased to be partnered with a leading Lloyd’s Syndicate as they expand their Actuarial function with the recruitment of a new Reserving Analyst. Reporting to the Head of Reserving, you will not just be responsible for working on quarterly / annual Reserve reviews, but getting involved in a wide array of initiatives across Analytics, Capital Modelling and Pricing.
The role will be well-suited to a student Actuary with circa 1 year of experience and evidence of progress in the IFoA examinations. Coding skills (R, Python) will be advantageous but are not essential.
This is an excellent opportunity for a junior Actuary to enter a fast-paced environment in a diverse role, with access to senior stakeholders (Chief Actuary / CUO) from Day One.
Reserving Analyst employer: Banking & Financial Services
Goodman Masson offers an exceptional work environment for aspiring Actuaries, providing a unique opportunity to engage with senior stakeholders from the outset. With a strong focus on employee development, the company fosters a collaborative culture that encourages innovation and growth, making it an ideal place for those looking to advance their careers in the dynamic field of actuarial science.
Contact Details:
Banking & Financial Services Recruitment Team
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 on LinkedIn or at industry events. A friendly chat can open doors and give you insights that might just land you that Reserving Analyst role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills. Since coding in R or Python is a bonus, practice some basic coding problems. It’ll show you’re keen and ready to tackle the challenges of the job!
✨Tip Number 3
Don’t underestimate the power of follow-ups! After an interview, drop a quick thank-you email to express your appreciation. It keeps you fresh in their minds and shows your enthusiasm for the position.
✨Tip Number 4
Apply through our website! We’ve got loads of opportunities, and applying directly can sometimes give you an edge. Plus, it’s super easy to keep track of your applications this way!
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, especially if you've worked on reserve reviews or have been involved in analytics. We want to see how your skills align with 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 journey as a student Actuary has prepared you for this opportunity. We love seeing enthusiasm and a personal touch!
Showcase Your Skills:If you have coding skills in R or Python, make sure to mention them! Even if they're not essential, they can set you apart from other candidates. We appreciate candidates who are eager to learn and grow in a fast-paced environment.
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. Let’s get your journey started!
How to prepare for a job interview at Banking & Financial Services
✨Know Your Numbers
As a Reserving Analyst, you'll be dealing with a lot of data. Brush up on your understanding of reserve reviews and the key metrics involved. Be ready to discuss how you’ve applied your analytical skills in past experiences, even if they were during your studies.
✨Showcase Your Coding Skills
While coding skills in R or Python aren't essential, having a basic understanding can set you apart. If you've done any projects or coursework involving these languages, be sure to mention them. It shows initiative and a willingness to learn!
✨Engage with Stakeholders
Since this role involves interaction with senior stakeholders, prepare to discuss how you would approach communication with them. Think about examples where you've successfully collaborated or presented findings to others, highlighting your ability to convey complex information clearly.
✨Prepare for Technical Questions
Expect some technical questions related to actuarial principles and methodologies. Review your IFoA syllabus and be ready to explain concepts like capital modelling and pricing strategies. Practising common actuarial interview questions can help you feel more confident.
