At a Glance
- Tasks: Support the quarterly reserving process and perform reserve analyses across multiple syndicate classes.
- Company: Join a respected Lloyd's syndicate with a strong market reputation.
- Benefits: Gain exposure to specialty classes and learn from experienced actuarial leaders.
- Other info: Clear career progression opportunities and strong stakeholder exposure from day one.
- Why this job: Make impactful contributions to business-critical decision-making in a collaborative environment.
- Qualifications: 2-4 years of actuarial experience, strong analytical skills, and progress through actuarial exams.
The predicted salary is between 45000 - 55000 £ per year.
This is an excellent opportunity for an actuarial professional with 2-4 years' reserving experience to join a growing business and gain exposure to a broad range of specialty classes. You'll work closely with experienced actuaries, underwriters and finance stakeholders, playing a key role in the quarterly reserving process and contributing to business-critical decision-making.
The Role
- Supporting the quarterly reserving process across multiple syndicate classes.
- Performing reserve analyses and investigating movements in reserving results.
- Assisting with the production of reserving reports for senior management.
- Supporting Solvency UK, regulatory reporting and audit requirements.
- Working closely with underwriting teams to understand portfolio performance and emerging experience.
- Contributing to reserving methodology enhancements and process improvement initiatives.
- Supporting data analysis and reserving model development.
- Collaborating with the wider actuarial team across reserving, capital and pricing activities where required.
About You
- 2-4 years of actuarial experience, with prior exposure to general insurance reserving.
- Experience within the Lloyd's and/or London Market is highly desirable.
- Progressing through the actuarial exams.
- Strong analytical and problem-solving skills.
- Comfortable communicating technical findings to a range of stakeholders.
- Experience using Excel and actuarial modelling tools; knowledge of SQL, Python or R would be advantageous.
- A proactive and collaborative approach to work.
Why Apply?
- Join a respected Lloyd's syndicate with a strong market reputation.
- Broad exposure across specialty and London Market business.
- Opportunity to learn from experienced actuarial leaders.
- Clear scope for career progression and actuarial development.
- Collaborative culture and strong stakeholder exposure from day one.
Reserving Analyst - Syndicate in London employer: Eames Consulting
Join a well-respected syndicate that values expertise and fosters a collaborative work culture, making it an excellent employer for Senior Claims Adjusters. With a focus on employee growth and development, you will have the opportunity to manage a diverse portfolio of complex claims while working alongside industry leaders in a dynamic London Market environment. Enjoy competitive benefits and a supportive atmosphere that encourages professional advancement and meaningful contributions to the team.
StudySmarter Expert Advice🤫
We think this is how you could land Reserving Analyst - Syndicate 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). 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. 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 Reserving Analyst - Syndicate 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.
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. 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
✨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 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, 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'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.
