Company
A prestigious global Lloyd’s market insurer/reinsure is seeking an experienced Reserving Actuary to support and manage the quarterly syndicate reserving process over a 12-month engagement. This role sits within the actuarial function and will report directly to the Chief Actuary.
About the Role
This is an excellent opportunity to join a respected global insurer and make a significant contribution to their Lloyd’s reserving operations during a key phase.
Responsibilities
- Lead and manage the end-to-end reserving process across multiple Lloyd’s syndicates.
- Ensure timely and accurate delivery of quarterly reserves and associated technical provisions under Lloyd’s and Solvency II reporting requirements.
- Oversee the preparation and review of QMA, QMB, ASR, and QSR returns.
- Liaise closely with finance, claims, and underwriting teams to validate assumptions and key inputs.
- Manage and mentor a small team of analysts and junior actuaries, providing oversight, development, and review.
- Support regulatory engagement, internal model validation, and audit queries as needed.
- Maintain and enhance reserving governance, documentation, and controls in line with Lloyd’s expectations.
Qualifications
- Qualified Non-Life Actuary or qualified by experience, with strong Lloyd’s reserving experience.
Skills
- Proven experience managing syndicate reserving cycles and technical provision calculations.
- Comfortable leading processes independently and interacting with senior stakeholders.
- Strong working knowledge of Lloyd’s reporting requirements and relevant reserving software (e.g. ResQ).
- Ability to work in a fast-paced environment with changing priorities.
Pay range and compensation package
£1100 – £1400/day
Equal Opportunity Statement
We are committed to diversity and inclusivity.
You must be eligible to work in the UK without being sponsored to be considered.
Contact Detail:
Bolton Associates Recruiting Team