At a Glance
- Tasks: Assist with reserving analyses and support actuarial insights for underwriting and finance teams.
- Company: Join Carbon, a modern insurance company recognised as a Best Place to Work.
- Benefits: Enjoy a collaborative culture, competitive salary, and opportunities for professional growth.
- Other info: Be part of a team that values innovation, creativity, and collaboration.
- Why this job: Make a meaningful impact using cutting-edge technology in a dynamic environment.
- Qualifications: Part-qualified actuary with experience in the Lloyd’s market and strong Excel skills.
The predicted salary is between 40000 - 50000 £ per year.
The Opportunity
At Carbon, we’re delegating differently by combining our strong insurance expertise with cutting edge technology. As we rapidly scale globally, and continue to advance Graphene, our proprietary data ecosystem, we remain guided by our core pillars of People, Partnerships and Innovation. If you want to join an exciting business powered by the latest technology, and are energised by collaboration, big ideas and making a meaningful impact on our partners, then this role is for you: Part-Qualified Junior Actuary.
About Us
Founded in 2018, Carbon’s mission is to transform delegated underwriting and raise the standard for the industry. Our open underwriting model connects data, insight and people to enable stronger decisions and more dynamic portfolio management, bringing greater transparency, clarity and confidence to our partners and to the way the whole market works. We’re proud to have been recognised by The Sunday Times as a Best Place to Work in both 2024 and 2025, reflecting our warm, inclusive culture and our energetic, entrepreneurial spirit. Our friendly, modern offices foster creativity and connection, while our partnership with Google Cloud, where we are celebrated as a success story, demonstrates our commitment to innovation and technology at the highest level. At Carbon, our values shape who we are every day: Win as one, Keep spirits high, Blaze a trail, Speak up, listen up. If you're looking to join a modern team with bold ambitions and real momentum, we'd love to meet you.
Key Responsibilities
- Assist with quarterly and annual reserving analyses across multiple classes of business within the Lloyd’s environment.
- Prepare actuarial inputs for financial and regulatory reporting, including Solvency II and Lloyd’s reporting requirements.
- Support the development and maintenance of best estimate reserves and reserving commentary.
- Contribute to parameterisation, validation, and documentation of the internal capital model.
- Assist with ICA, SCR, and Lloyd’s LCR submissions.
- Perform sensitivity testing, stress and scenario analyses.
- Support underwriting, claims, and finance teams with actuarial insights.
- Assist with pricing reviews, profitability analysis, and planning cycles.
- Enhance actuarial tools, models, and processes, including automation initiatives.
Required Skills and Experience
- Part‑qualified actuary (IFoA or equivalent).
- Experience within the Lloyd’s or London market.
- Exposure to reserving and capital modelling within non‑life insurance.
- Proficiency in Excel and at least one tool such as R, Python, SQL, or ResQ.
- Understanding of Solvency II, Lloyd’s reporting, and actuarial techniques.
- Strong communication skills.
Reserving/Capital Actuarial Analyst – Part Qualified in London employer: Carbon Underwriting
Contact Detail:
Carbon Underwriting Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving/Capital Actuarial Analyst – Part Qualified in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, webinars, or even casual meet-ups. The more you engage with others, the better your chances of landing that dream role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your experiences and how your skills can benefit their team. Be confident and let your passion for actuarial work shine through.
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to fit their culture and values. Research Carbon’s mission and values, and weave them into your discussions to show you’re a perfect fit.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our innovative team at Carbon.
We think you need these skills to ace Reserving/Capital Actuarial Analyst – Part Qualified in London
Some tips for your application 🫡
Show Your Passion for Actuarial Work: When writing your application, let your enthusiasm for the actuarial field shine through. We want to see how your experiences and interests align with our mission at Carbon, especially in areas like reserving and capital modelling.
Tailor Your CV and Cover Letter: Make sure to customise your CV and cover letter for this role. Highlight relevant skills and experiences that match the job description, such as your proficiency in Excel or any experience within the Lloyd’s market. We love seeing candidates who take the time to connect their background to what we do!
Be Clear and Concise: Keep your application straightforward and to the point. Use clear language and avoid jargon unless it’s relevant to the role. We appreciate candidates who can communicate effectively, as strong communication skills are key in our collaborative environment.
Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. Plus, it shows you’re keen on joining our innovative team at Carbon!
How to prepare for a job interview at Carbon Underwriting
✨Know Your Numbers
Brush up on your actuarial knowledge, especially around reserving and capital modelling. Be prepared to discuss specific techniques and tools you've used, like Excel, R, or Python. Showing that you can apply your skills in real-world scenarios will impress the interviewers.
✨Understand the Company Culture
Carbon values collaboration and innovation, so make sure you can demonstrate how you embody these traits. Think of examples from your past experiences where you worked as part of a team or contributed to innovative solutions. This will show that you're a good fit for their warm, inclusive culture.
✨Prepare for Technical Questions
Expect questions related to Solvency II and Lloyd’s reporting requirements. Brush up on these topics and be ready to explain how they relate to your previous work. Being able to articulate your understanding clearly will set you apart from other candidates.
✨Ask Insightful Questions
At the end of the interview, have a few thoughtful questions ready about Carbon's approach to underwriting or their use of technology in actuarial processes. This shows your genuine interest in the role and helps you assess if the company aligns with your career goals.