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- Tasks: Support the reserving process and develop analytics dashboards for insights.
- Company: Market-leading specialty (re)insurer with a focus on growth.
- Benefits: Competitive salary, career acceleration, and collaborative work environment.
- Why this job: Join a dynamic team and make a real impact in the insurance industry.
- Qualifications: Nearly or part-qualified actuary with 3 years of reserving experience.
- Other info: Great opportunity for ambitious individuals to enhance their actuarial careers.
The predicted salary is between 36000 - 60000 £ per year.
A market leading specialty (re)insurer is looking to expand its reserving team as a result of continued exponential growth. The Reserving Analyst will work across a broad range of lines of business such as specialty and reinsurance and collaborate closely with underwriters, actuaries, and CAT modelers across international offices.
Responsibilities include:
- Supporting the quarterly reserving process for two syndicates
- Supporting on presentations for Reserving Committees
- Contributing to overall process improvement to maximise efficiencies
- Developing analytics dashboards and reports to monitor reserving insights
- Conducting wider project work such as supporting the internal capital model
- Contributing to the annual business planning and SBF process
Looking to speak with a nearly or part-qualified actuary with a minimum of 3 years reserving experience. Preferably with a London market background, with experience in assumption selection, reserve documentation, and SII reporting. You will be proficient with Excel, VBA and SQL beneficial, and familiarity with analytics tools (Power BI, Spotfire, or Tableau) is a plus. You must have excellent communication skills, be able to work collaboratively with the business, and be equally comfortable taking initiative. This is an excellent opportunity for an ambitious actuarial analyst looking to accelerate their career.
Reserving Actuarial Analyst employer: Bolton Associates
Contact Detail:
Bolton Associates Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuarial Analyst
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work in (re)insurance. A friendly chat can lead to insider info about job openings or even referrals that could give you the edge.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and industry knowledge. Be ready to discuss your experience with reserving processes and analytics tools like Power BI or SQL. We want to see how you can contribute to our team!
✨Tip Number 3
Showcase your collaborative spirit! During interviews, highlight examples of how you've worked with underwriters or actuaries in the past. We love candidates who can communicate effectively and work well in a team.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you're genuinely interested in joining our growing reserving team.
We think you need these skills to ace Reserving Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experience mentioned in the job description. Highlight your reserving experience, especially if you’ve worked with specialty or reinsurance lines. We want to see how you fit into our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the role and how your background aligns with our needs. Don’t forget to mention any relevant tools you’ve used, like Excel or Power BI.
Showcase Your Communication Skills: Since collaboration is key for us, make sure to demonstrate your communication skills in your application. Whether it’s through examples in your CV or your cover letter, we want to know how you work with others and present ideas.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates. Plus, it shows you’re keen to join our team!
How to prepare for a job interview at Bolton Associates
✨Know Your Numbers
As a Reserving Actuarial Analyst, you'll be dealing with data all the time. Brush up on your technical skills, especially in Excel, VBA, and SQL. Be ready to discuss how you've used these tools in past roles to improve processes or analyse data.
✨Understand the Business
Familiarise yourself with the lines of business the company operates in, especially within the London market. Research their recent projects or initiatives, and think about how your experience aligns with their needs. This will show that you're genuinely interested in the role.
✨Prepare for Collaboration Questions
Since the role involves working closely with underwriters and actuaries, be prepared to share examples of how you've successfully collaborated in the past. Think of specific situations where your communication skills made a difference in achieving a goal.
✨Showcase Your Analytical Mindset
You'll need to develop analytics dashboards and reports, so be ready to discuss your approach to problem-solving and analysis. Bring examples of past projects where you contributed to process improvements or provided valuable insights through your analytical work.