Reserving Transformation Actuary

Reserving Transformation Actuary

Division: Finance – Actuarial

Reports To: As per Beazley’s organisation chart

Key Relationships: Beazley actuaries, Finance, Data Management, Ceded Reinsurance teams, Claims managers, Underwriters and business managers.

Job Summary

The successful candidate will play a pivotal role in advancing Beazley’s reserving capability, focusing on the development and enhancement of reserving processes, tools and methodologies. Working closely with the wider team, they will help shape and embed a modern reserving infrastructure that is robust, scalable and built for the future.

Key Responsibilities

• Support the ongoing evolution of reserving processes toward automated, scalable and AI‑enabled solutions.
• Develop and enhance reserving processes, tools and methodologies ensuring they are robust and aligned with business needs.
• Design, build and maintain reserving workflows and tooling (including Python and Unify), acting as a subject matter expert and supporting adoption across the team.
• Contribute to ad‑hoc projects and initiatives, applying technical expertise to solve complex reserving and data challenges.
• Provide technical guidance to the wider reserving team, focusing on workflows, coding best practice and improving process efficiency.
• Maintain clear documentation and ensure appropriate governance and sign‑off processes are followed.
• Keep abreast of industry best practice in automation and the application of AI within reserving.
• Build effective working relationships with key stakeholders across actuarial, finance and technology teams, contributing to team objectives through collaboration and delivery.
• Undertake applicable professional, technical and career development training to attain associated qualifications where required.

Essential Criteria

• Strong programming skills in Python.
• Experience gained within the insurance sector.
• University degree in Mathematics, Actuarial Science, Data Science or related field.
• Professional actuarial qualification (or making good progress toward qualification).

Skills and Abilities

• Proficient in SQL (desirable).
• Experience developing and maintaining Unify workflows (desirable).
• Experience building Power BI dashboards and data models (desirable).
• Strong analytical and problem solving skills; high attention to detail.
• Ability to communicate technical concepts clearly to non‑technical stakeholders.
• Ability to manage multiple workstreams, prioritise effectively and meet deadlines, comfortable working both independently and as part of a team.

Knowledge and Experience

• Reserving experience; Lloyd’s market knowledge desirable.
• Understanding of modern reserving processes and automation concepts.
• Experience developing, coding and testing actuarial models, workflows or data processes.
• Understanding of reinsurance.

Aptitude and Disposition

• Outcome focused, self‑motivated, flexible and enthusiastic.
• Professional approach to successfully interact with team members and stakeholders.

Competencies

• Achievement and solution focused.
• Information seeking.
• Stakeholder focus.
• Using initiative.
• Having integrity.
• Taking responsibility.
• Being reliable.