At a Glance
- Tasks: Transform reserving processes with innovative tools and AI solutions.
- Company: Beazley, an inclusive employer committed to diversity and teamwork.
- Benefits: Professional development opportunities and a supportive work environment.
- Other info: Join a dynamic team focused on collaboration and excellence.
- Why this job: Make a real impact in the finance sector while advancing your career.
- Qualifications: Experience in reserving and coding, with a passion for innovation.
The predicted salary is between 70000 - 90000 £ per year.
This job is with Beazley, an inclusive employer and a member of myGwork – the largest global platform for the LGBTQ+ business community.
Key Relationships: Beazley actuaries, Finance, Data Management and 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, with a focus 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:
- Technical Support the ongoing evolution of reserving processes towards 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, with a focus 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.
- Contribute to team objectives through effective collaboration and delivery.
- Undertake applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required.
General: It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers.
We also expect Beazley employees to:
- Comply with Beazley procedures, policies and regulations including the code of conduct.
- Undertake training on Beazley policies and procedures as delivered by your line manager.
- Exhibit 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.
Reserving Transformation Actuary employer: Beazley
Beazley is an exceptional employer that champions inclusivity and diversity, making it a welcoming environment for all employees, including those from the LGBTQ+ community. With a strong focus on professional development, employees are encouraged to engage in continuous learning and training, ensuring they stay at the forefront of industry advancements. The collaborative work culture fosters teamwork and innovation, particularly in the dynamic field of reserving transformation, where employees can contribute to meaningful projects that shape the future of the company.
StudySmarter Expert Advice🤫
We think this is how you could land Reserving Transformation Actuary
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current Beazley employees on LinkedIn. Building relationships can open doors that a CV just can’t.
✨Show Off Your Skills
When you get the chance to chat with someone from Beazley, make sure to highlight your technical skills, especially in Python and automation. Share examples of how you've tackled complex problems in the past – it’ll show you’re the right fit for their team!
✨Prepare for the Interview
Do your homework on Beazley’s values and recent projects. Think about how your experience aligns with their goals, especially around modern reserving processes. Being able to discuss this will impress them and show you’re genuinely interested.
✨Apply Through Our Website
Don’t forget to apply through the Beazley website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re serious about wanting to join their team.
We think you need these skills to ace Reserving Transformation Actuary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reserving Transformation Actuary role. Highlight your relevant experience in reserving processes, automation, and any technical skills like Python. We want to see how you can contribute to our team at Beazley!
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 skills align with Beazley’s core values. Remember, we love boldness and striving for better, so let that enthusiasm come through!
Showcase Your Technical Skills:Since this role involves developing and enhancing reserving tools and methodologies, be sure to showcase your technical expertise. Mention any experience with AI-enabled solutions or coding best practices. We’re looking for someone who can hit the ground running!
Apply Through Our Website:Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows you’re serious about joining our team at Beazley!
How to prepare for a job interview at Beazley
✨Know Your Stuff
Make sure you brush up on your reserving processes and automation concepts. Beazley is looking for someone who can develop and enhance these methodologies, so be ready to discuss your experience with Python and any relevant tools like Unify.
✨Showcase Your Collaboration Skills
Since this role involves working closely with various teams, think of examples where you've successfully collaborated with stakeholders. Highlight how you’ve communicated technical concepts to non-technical folks, as this will be key in your interactions at Beazley.
✨Demonstrate Your Problem-Solving Ability
Prepare to talk about specific challenges you've faced in reserving or data management and how you tackled them. Beazley values innovative solutions, so share any experiences where you applied AI or automation to improve processes.
✨Embrace Beazley’s Values
Familiarise yourself with Beazley’s core values: Being Bold, Striving for Better, and Doing the Right Thing. Think of ways you’ve embodied these values in your previous roles, as they’re crucial to the company culture and will resonate well during your interview.
