At a Glance
- Tasks: Lead the reserving function and influence business decisions across a diverse portfolio.
- Company: Dynamic company with a strong internal reputation and excellent culture.
- Benefits: Competitive salary, bonus, hybrid working model, and opportunities for professional growth.
- Other info: High visibility role with opportunities to mentor junior team members.
- Why this job: Shape reserving processes and make a real impact on business strategy.
- Qualifications: FIA qualified with strong Lloyd's and London Market reserving experience.
The predicted salary is between 63000 - 77000 £ per year.
Reference: GM57_1788942580This is a high-profile opportunity for an experienced reserving actuary to take ownership of the reserving function across a diverse specialty portfolio.
You'll work closely with senior stakeholders across underwriting, finance and executive leadership, providing insight that directly influences business decisions and portfolio strategy.
The role offers a blend of technical reserving work, stakeholder management and team leadership, making it an excellent opportunity for someone looking to further develop their influence within a growing business.
Key Responsibilities Lead the quarterly reserving process across multiple Lloyd's and London Market classes.
Review reserve analyses, recommend appropriate booking levels and present results to senior management.
Own reserving governance, documentation and validation processes.
Provide reserving insights to underwriting teams, identifying trends, emerging risks and areas of opportunity.
Support regulatory reporting, audit requirements and Solvency UK deliverables.
Partner closely with Finance on financial reporting and business planning activities.
Drive continuous improvement and automation initiatives within the reserving function.
Manage and develop more junior actuarial team members.
Act as a key point of contact for external auditors and other stakeholders.
Contribute to wider actuarial and strategic projects across the business.
About You FIA qualified (or equivalent).
Strong reserving experience within the Lloyd's and/or London Market.
Comfortable leading reserve reviews and communicating recommendations to senior stakeholders.
Experience managing projects and, ideally, mentoring or managing junior actuarial team members.
Strong understanding of regulatory and financial reporting requirements.
Commercial mindset with an ability to translate technical findings into actionable business insight.
Excellent communication and stakeholder management skills.
What's on Offer?
Genuine opportunity to shape reserving processes and influence business strategy.
Joining a team with a great internal reputation, and a business with an excellent culture.
High visibility role.
Hybrid working model with 2-3 days per week in the London office.
Competitive salary, bonus and benefits package.
For a confidential discussion, please get in touch directly.
Eames Consulting is acting as an Employment Agency in relation to this vacancy.
Lead Reserving Actuary in London employer: Eames Consulting Group
Join a dynamic and innovative insurer as an Actuarial Reporting Manager, where you'll have the chance to influence key business decisions and enhance reporting processes in a supportive and collaborative culture. With a flexible hybrid working environment and opportunities for professional growth, this role offers a unique blend of technical and commercial challenges, allowing you to make a meaningful impact while mentoring junior team members.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Reserving Actuary in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Eames Consulting Group). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Eames Consulting Group. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Lead Reserving Actuary in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Eames Consulting Group.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Eames Consulting Group. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Eames Consulting Group
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Eames Consulting Group to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Eames Consulting Group, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Eames Consulting Group's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
