At a Glance
- Tasks: Lead reserving insights and collaborate with teams on innovative insurance solutions.
- Company: Fast-growing global reinsurance company with a focus on innovation and collaboration.
- Benefits: Competitive salary, health subsidies, generous pension, and hybrid working options.
- Other info: Supportive environment with learning opportunities and a focus on teamwork and innovation.
- Why this job: Join a dynamic team and make a real impact in the reinsurance industry.
- Qualifications: Qualified actuary with 4+ years of experience and strong communication skills.
The predicted salary is between 36000 - 60000 £ per year.
We are a fast-growing global reinsurance speciality company servicing the insurance markets of Lloyd's, Europe and North America. We are seeking a qualified non-life actuary to join our Actuarial team as a Reserving Actuary, playing a key role in delivering high-quality reserving insights across a diverse portfolio of insurance and reinsurance liabilities.
Responsibilities
- Lead production of best estimate reserves across multiple portfolios reporting to Head of Reserving.
- Prepare and present quarterly reserving results to senior committees.
- Partner with Claims, Reinsurance, Finance and Data teams on portfolio reviews and onboarding of new acquisitions.
- Support the audit process for the Group and regulated entities.
- Play a central role in implementing our technology-driven reserving transformation.
Candidate requirements
- Qualified actuary with 4+ years' GI reserving experience.
- Strong communication skills with the ability to engage senior stakeholders.
- Proven collaboration skills and ability to manage multiple workstreams.
- Curious, innovative and comfortable driving change in a growing organisation.
- Proficiency in Excel and reserving software (e.g., ResQ); Python desirable.
- Lloyd's or London Market experience is desirable.
- Contributing positively to our culture and values.
Benefits
Compre is a global speciality reinsurance company that offers capital and liability solutions to its clients, providing them with the certainty they need on their portfolios. We are known for being trusted partners to the market and for having a team of experts who collaborate and maintain discipline in underwriting, ensuring a differentiated client experience.
As an ambitious business, we are focused on building depth, breadth, and diversity in the talent across our business to be future-ready. Our clients' needs evolve as the market changes, which is why we continuously invest in areas such as data and technology. This way, we can serve current and future clients' needs with scalable and new technology, delivered by our growing agile Data and Technology team.
Our values are what make us stand out. We value each other, empower and hold ourselves accountable, are authentic, collaborative and inclusive, and continuously strive for progress and innovation.
Why join us?
At Compre, we offer a range of benefits and team engagement events and provide a supportive environment for learning and growth. We are intent upon building a great business, and over the last few years, we have expanded our markets across Europe, Lloyd's, and North America. Our team is based in Bermuda, Finland, Germany, Malta, UK and the US.
To keep our globally dispersed team connected, we have various employee resource groups, including Wellbeing, DEI, COMMS and Engagement.
We invest in our people and offer learning and development opportunities for leaders and employees to build confidence and grow their skill sets. We value teamwork, authenticity, and innovation, and provide a space for these behaviours to bloom at Compre. Make an impact in a collaborative environment with some of the best talent in the industry, while enjoying:
- competitive salary & annual bonus
- a health & wellbeing subsidy (£20 per month) (from Day 1)
- a generous pension (eligible after probationary period)
- private healthcare from BUPA and a Healthcare Cash Plan from Medicash (from Day 1)
- life assurance (from Day 1)
- income protection (from Day 1)
- days annual leave (from Day 1)
- cycle to work scheme (from Day 1)
- season ticket loan (interest free) (eligible after probationary period)
- electric vehicle scheme (eligible after probationary period)
- EAP (Employee Assistance Programme) (from Day 1)
- learning/study support and reimbursement for professional memberships
- hybrid working
- employee socials and recognition programme
Reserving Actuary in London employer: Compre Group
Compre is an exceptional employer, offering a dynamic and supportive work environment for Reserving Actuaries in London. With a strong focus on employee growth, competitive benefits, and a culture that values collaboration and innovation, Compre empowers its team to make a meaningful impact while enjoying a hybrid working model and various engagement initiatives. Join us to be part of a forward-thinking company that prioritises your professional development and well-being.
StudySmarter Expert Advice🤫
We think this is how you could land Reserving Actuary in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the industry, especially those who work at Compre or similar companies. A friendly chat can open doors and give you insights that might just help you land that Reserving Actuary role.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of the Lloyd's market. We want to see your passion for reserving and how you can contribute to our tech-driven transformation. Practice explaining complex concepts in simple terms!
✨Tip Number 3
Show off your collaboration skills! Be ready to discuss examples of how you've worked with different teams, like Claims and Finance. We love candidates who can engage with senior stakeholders and drive change in a growing organisation.
✨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 us you’re genuinely interested in joining our team at Compre. Let’s make an impact together!
We think you need these skills to ace Reserving Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Reserving Actuary role. Highlight your non-life reserving experience and any relevant skills, like your proficiency in Excel and reserving software. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're excited about joining our team at Compre and how you can contribute to our culture of collaboration and innovation. Keep it concise but impactful!
Showcase Your Communication Skills:Since you'll be engaging with senior stakeholders, it's crucial to demonstrate your strong communication skills. In your application, mention specific examples where you've successfully communicated complex ideas or collaborated with different teams.
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’re considered for the role. Plus, it shows your enthusiasm for joining our team!
How to prepare for a job interview at Compre Group
✨Know Your Numbers
As a Reserving Actuary, you'll be expected to lead the production of best estimate reserves. Brush up on your technical skills and be ready to discuss your experience with reserving methodologies and software like ResQ. Being able to articulate your approach to calculating reserves will impress your interviewers.
✨Engage with Stakeholders
Strong communication skills are key for this role. Prepare examples of how you've successfully partnered with teams like Claims, Reinsurance, and Finance in the past. Show that you can engage senior stakeholders effectively and highlight any instances where your collaboration led to positive outcomes.
✨Show Your Curiosity
The company values innovation and curiosity. Be prepared to discuss how you've driven change in previous roles. Think of specific projects where you implemented new ideas or technologies, especially if they relate to data-driven reserving transformations.
✨Cultural Fit Matters
Compre is looking for someone who contributes positively to their culture. Familiarise yourself with their values of authenticity, collaboration, and progress. During the interview, express how your personal values align with theirs and share examples of how you've embodied these traits in your work.
