Reserving Actuary

Reserving Actuary

London Full-Time 43200 - 72000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Provide actuarial advice and develop relationships with key stakeholders.
  • Company: Join QBE, a global insurer with a mission for a resilient future.
  • Benefits: Enjoy a hybrid work model and opportunities for professional development.
  • Why this job: Make an impact in the insurance industry while coaching future actuaries.
  • Qualifications: Actuarial qualifications and experience in reserving are essential.
  • Other info: Position available in London or Leeds, with permanent employment.

The predicted salary is between 43200 - 72000 £ per year.

A leading Lloyd\’s insurer is looking for a Reserving Actuary to join their team.

Have you got the right qualifications and skills for this job Find out below, and hit apply to be considered.

The Reserving Actuary will support quarterly reserve reviews across a range of P&C lines, deliver Solvency II technical provisions and regulatory returns, and lead deep-dive portfolio analyses to inform business decisions.

The candidate will identify and implement technical and process enhancements to improve efficiency and contribute to the parameterization of reserve risk within the internal capital model.

The candidate must be FIA qualified with reserving experience.

please apply below or get in touch for more information: onar.cranny@eamesconsulting.com // +44 7880 862124

Reserving Actuary employer: Eames Consulting

At QBE, we pride ourselves on being an excellent employer, offering a dynamic work culture that fosters collaboration and innovation. Our London and Leeds offices provide a hybrid working environment, allowing for flexibility while ensuring our employees have access to professional development opportunities, including coaching student actuaries. Join us to be part of a purpose-driven organization committed to enabling a more resilient future, where your contributions are valued and your career can thrive.
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Contact Detail:

Eames Consulting Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Actuary

✨Tip Number 1

Familiarize yourself with the specific actuarial practices and regulations in the UK and Europe. Understanding the local market nuances will help you stand out as a candidate who is not only technically proficient but also aware of the regional challenges and opportunities.

✨Tip Number 2

Network with professionals in the actuarial field, especially those working in reserving roles. Attend industry events or webinars to connect with potential colleagues at QBE and gain insights into their work culture and expectations.

✨Tip Number 3

Showcase your ability to develop relationships with key stakeholders by preparing examples from your past experiences. Highlight instances where your communication skills led to successful collaborations or improved project outcomes.

✨Tip Number 4

Demonstrate your commitment to professional development by mentioning any relevant certifications or courses you've completed. This shows that you're proactive about your growth and ready to take on the coaching responsibilities mentioned in the job description.

We think you need these skills to ace Reserving Actuary

Actuarial Expertise
Stakeholder Management
Technical Quality Assurance
Reserving Techniques
Business Planning
Data Analysis
Communication Skills
Coaching and Mentoring
Line Management
Portfolio Analysis
Problem-Solving Skills
Attention to Detail
Adaptability
Team Collaboration

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly read the job description for the Reserving Actuary position. Understand the key responsibilities and required skills, such as providing actuarial advice and developing relationships with stakeholders.

Tailor Your CV: Customize your CV to highlight relevant experience in actuarial work, particularly in reserving and business planning. Emphasize any experience you have in coaching or managing student actuaries, as this is a key aspect of the role.

Craft a Strong Cover Letter: Write a cover letter that showcases your passion for actuarial science and your understanding of the insurance industry. Mention specific examples of how you've provided actuarial advice or contributed to business planning in previous roles.

Highlight Technical Skills: In your application, be sure to mention any technical skills relevant to the role, such as proficiency in actuarial software or statistical analysis tools. This will demonstrate your capability to ensure the technical quality of work undertaken.

How to prepare for a job interview at Eames Consulting

✨Understand the Actuarial Landscape

Make sure you have a solid grasp of the current trends and challenges in the actuarial field, especially related to reserving. Familiarize yourself with QBE's products and how they fit into the UK and European markets.

✨Showcase Your Technical Skills

Be prepared to discuss your technical expertise in actuarial methods and tools. Highlight any relevant experience you have with reserving advice and business planning, as this will be crucial for the role.

✨Demonstrate Relationship-Building Abilities

Since the role involves developing relationships with key stakeholders, think of examples from your past where you've successfully collaborated with others. Be ready to explain how you can foster strong partnerships within the team and across the business.

✨Prepare for Management Questions

As the position includes coaching student actuaries and some direct line management responsibilities, be ready to discuss your leadership style and experiences. Think about how you can support and develop junior team members effectively.

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