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: Dynamic environment with a focus on creativity, connection, and career advancement.
- Why this job: Be part of an innovative team transforming the insurance industry with cutting-edge technology.
- 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 employer: Carbon Underwriting
At Carbon, we pride ourselves on being an exceptional employer, offering a vibrant and inclusive work culture that champions innovation and collaboration. Our commitment to employee growth is evident through our supportive environment and the opportunity to work with cutting-edge technology in a rapidly scaling global business. With recognition as a Best Place to Work by The Sunday Times, our modern offices and strong partnerships, particularly with Google Cloud, create a unique atmosphere where your contributions can make a meaningful impact.
StudySmarter Expert Advice🤫
We think this is how you could land Reserving/Capital Actuarial Analyst – Part Qualified
✨Tip Number 1
Network like a pro! Reach out to people in the industry, especially those at Carbon or similar companies. Attend events, webinars, and meetups to make connections that could lead to job opportunities.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of the Lloyd’s market. Practice common actuarial interview questions and be ready to discuss your experience with reserving and capital modelling.
✨Tip Number 3
Show off your passion for innovation! When you get the chance, talk about how you can contribute to Carbon's mission of transforming delegated underwriting with your unique insights and skills.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, it shows you’re genuinely interested in joining our team at Carbon.
We think you need these skills to ace Reserving/Capital Actuarial Analyst – Part Qualified
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, particularly your proficiency in Excel and any tools like R or Python. We love seeing how you can contribute to our innovative team!
Be Clear and Concise:Keep your application straightforward and to the point. Use clear language and avoid jargon where possible. We appreciate a well-structured application that makes it easy for us to see your qualifications and fit for the role.
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 modern 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 ready to discuss specific techniques you've used or studied, particularly in the context of Solvency II and Lloyd’s reporting. This shows you’re not just a part-qualified actuary, but someone who’s genuinely engaged with the field.
✨Showcase Your Tech Skills
Carbon values innovation and technology, so make sure to highlight your proficiency in tools like R, Python, or SQL. Prepare examples of how you've used these tools in past projects or studies, especially if they relate to enhancing actuarial processes or automating tasks.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex actuarial concepts in simple terms, as you may need to collaborate with underwriting, claims, and finance teams. Being able to articulate your insights clearly will set you apart from other candidates.
✨Embrace the Culture
Familiarise yourself with Carbon's values: Win as one, Keep spirits high, Blaze a trail, Speak up, listen up. Think of examples from your experience that align with these values and be prepared to share them during the interview. This will demonstrate that you’re not only a fit for the role but also for the company culture.
