At a Glance
- Tasks: Assist with reserving analyses and support actuarial insights for underwriting and finance teams.
- Company: Join Carbon, a forward-thinking company transforming the insurance industry with technology.
- Benefits: Enjoy a vibrant culture, competitive salary, and opportunities for professional growth.
- Other info: Dynamic work environment with a focus on collaboration and creativity.
- Why this job: Be part of an innovative team making a real impact in the insurance sector.
- Qualifications: Part-qualified actuary with experience in the Lloyd’s market and strong Excel skills.
The predicted salary is between 35000 - 45000 £ 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 energized 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.
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
Contact Detail:
Carbon Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving/Capital Actuarial Analyst – Part Qualified in London
✨Tip Number 1
Network like a pro! Reach out to professionals in the actuarial field, especially those who work at Carbon or similar companies. Attend industry events and webinars 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. Be ready to discuss your experience with reserving and capital modelling, and how you can contribute to Carbon's innovative approach.
✨Tip Number 3
Showcase your passion for technology and data! Carbon values innovation, so highlight any projects or experiences where you've used tech tools like R, Python, or SQL to solve problems or improve processes.
✨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 and being part of our exciting journey.
We think you need these skills to ace Reserving/Capital Actuarial Analyst – Part Qualified in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Reserving/Capital Actuarial Analyst role. Highlight your part-qualified status and any relevant experience in the Lloyd’s market to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to express your passion for actuarial work and how you can contribute to our mission at Carbon. Don’t forget to mention your familiarity with Solvency II and any tools like R or Python.
Showcase Your Technical Skills: We love seeing candidates who are proficient in Excel and other analytical tools. Be sure to include specific examples of how you've used these skills in past roles, especially in relation to reserving and capital modelling.
Apply Through Our Website: We encourage you to apply directly through our website for the best chance of getting noticed. It’s the easiest way for us to keep track of your application and ensure it reaches the right people!
How to prepare for a job interview at Carbon
✨Know Your Numbers
Brush up on your understanding of key actuarial concepts, especially those related to reserving and capital modelling. Be ready to discuss how you’ve applied these in previous roles or projects, as this will show your practical knowledge and readiness for the job.
✨Showcase Your Tech Skills
Since Carbon values cutting-edge technology, make sure to highlight your proficiency in tools like R, Python, or SQL. Prepare examples of how you've used these tools to enhance actuarial processes or analyses, as this will demonstrate your ability to contribute to their innovative environment.
✨Understand the Business
Familiarise yourself with Carbon’s mission and their approach to delegated underwriting. Being able to articulate how your skills align with their goals will not only impress them but also show that you’re genuinely interested in being part of their team.
✨Communicate Clearly
Strong communication skills are essential for this role. Practice explaining complex actuarial concepts in simple terms, as you may need to collaborate with non-actuarial teams. This will help you stand out as a candidate who can bridge the gap between technical and non-technical stakeholders.