Reserving Actuary

Reserving Actuary

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

  • Tasks: Join us as a Reserving Actuary and tackle multi-lined insurance challenges.
  • Company: Work with a leading London Market insurer known for its dynamic environment.
  • Benefits: Enjoy flexible work options and the chance to connect with industry experts.
  • Why this job: This role offers a unique opportunity to grow your actuarial skills in a supportive culture.
  • Qualifications: Ideal for nearly/newly qualified actuaries with a background in general insurance reserving.
  • Other info: Let's chat over coffee or a call to discuss your future in 2025!

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

A global specialist insurer is looking for a nearly/newly qualified reserving actuary with 3-5 years in the London Market to join their reserving team.

The role gives exposure across multiple lines of business and the opportunity to work with senior stakeholders. You will lead deep-dive portfolio analysis and communicate the results in order to improve processes.

Previous GI reserving experience is essential, along with strong analytical and problem-solving skills. Experience using tools such as VBA, SQL, Python, R, or similar programming languages is also required.

The role requires 3 days a week in office and can offer up to £100,000.

For more information please reach out to niamh.carabine@eamesconsulting.com

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Reserving Actuary employer: Eames Consulting

Join a dynamic London Market insurer that values innovation and collaboration, making it an excellent employer for aspiring Reserving Actuaries. With a supportive work culture that encourages professional growth and development, you'll have access to diverse projects across personal and commercial lines, ensuring a rewarding career path. Enjoy the unique advantage of networking opportunities in the vibrant city of London, where you can connect with industry leaders and fellow professionals.
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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

Network actively within the actuarial community, especially in London. Attend industry events or meetups to connect with professionals who might have insights into the Reserving Actuary role.

✨Tip Number 2

Reach out to your contacts in the insurance sector and express your interest in reserving roles. Personal recommendations can significantly boost your chances of landing an interview.

✨Tip Number 3

Stay updated on the latest trends and regulations in general insurance. This knowledge will not only help you in conversations but also demonstrate your commitment to the field.

✨Tip Number 4

Consider scheduling informal coffee chats with actuaries already working in reserving roles. They can provide valuable insights and may even refer you to open positions.

We think you need these skills to ace Reserving Actuary

Actuarial Science
Statistical Analysis
Risk Assessment
Data Modelling
Financial Reporting
Excel Proficiency
Communication Skills
Problem-Solving Skills
Attention to Detail
Knowledge of Insurance Regulations
Team Collaboration
Time Management
Adaptability
Technical Proficiency in Actuarial Software

Some tips for your application 🫡

Understand the Role: Make sure to thoroughly understand the responsibilities and requirements of a Reserving Actuary. Familiarize yourself with the specific skills needed for multi-lined insurance and how your background fits into this.

Tailor Your CV: Customize your CV to highlight relevant experience in actuarial reserving, especially in personal or commercial lines. Use specific examples that demonstrate your expertise and achievements in these areas.

Craft a Compelling Cover Letter: Write a cover letter that not only outlines your qualifications but also expresses your enthusiasm for the role. Mention your interest in working with a London Market insurer and how you can contribute to their team.

Follow Up: After submitting your application, consider reaching out to express your continued interest. A brief message can help keep you on their radar and show your proactive approach.

How to prepare for a job interview at Eames Consulting

✨Understand the London Market

Familiarize yourself with the specifics of the London Market insurance sector. Knowing how it operates and its unique characteristics will help you demonstrate your interest and suitability for the role.

✨Highlight Relevant Experience

Be prepared to discuss your background in general insurance actuarial reserving. Whether it's personal or commercial lines, make sure to provide examples that showcase your skills and experience in these areas.

✨Prepare for Technical Questions

Expect technical questions related to reserving methodologies and actuarial principles. Brush up on key concepts and be ready to explain your thought process clearly and confidently.

✨Show Enthusiasm for Networking

Since the recruiter mentioned a desire for catch-ups and conversations, express your enthusiasm for networking within the actuarial community. This shows that you are proactive and engaged in your professional development.

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