Reserving Actuary – 28691

Reserving Actuary – 28691

London Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Support the Head of Reserving in establishing and enhancing actuarial reserving processes.
  • Company: Join a leading firm in the insurance sector with a focus on innovation.
  • Benefits: Competitive salary, professional development, and opportunities for career advancement.
  • Why this job: Make a real impact by working on crucial reserving processes in a dynamic environment.
  • Qualifications: Qualified actuary with knowledge of reserving techniques and strong computer skills.
  • Other info: Collaborative team culture with opportunities to explain complex issues and grow your skills.

The predicted salary is between 36000 - 60000 £ per year.

Overview

Key Duties (Including but not limited to):

  • Help the Head of Reserving with establishing and embedding an actuarial reserving process
  • Work through the end-to-end quarterly reserving process, including data ingestion, model parametrisation across all classes, reviewing key diagnostics (such as the Actual Versus Expected results, key ratios, Analysis of Change) and calculating and proposing appropriate reserve levels on a best estimate basis and summarising outputs
  • Be responsible for maintaining reserving models and ongoing process enhancements
  • Qualifications required:

  • Qualified actuary with prior knowledge of reserving techniques, preferably with Lloyd’s Market experience
  • Experience required:

  • Excellent computer skills including MS Excel and an interest / background in technology (SQL experience would be advantageous)
  • Strong communication skills with ability to explain complex issues to non-actuarial and/or junior team members
  • Reserving Actuary – 28691 employer: Emerald Group Ltd.

    As a Reserving Actuary at our esteemed firm, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer competitive benefits, including professional development opportunities tailored to your career growth, all within a supportive environment that values your contributions. Located in a vibrant area, our company not only champions excellence in actuarial practices but also fosters a sense of community among employees, making it an exceptional place to build a meaningful career.
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    Contact Detail:

    Emerald Group Ltd. Recruiting Team

    StudySmarter Expert Advice 🤫

    We think this is how you could land Reserving Actuary – 28691

    Tip Number 1

    Network like a pro! Reach out to your connections in the actuarial field, especially those with Lloyd’s Market experience. A friendly chat can lead to insider info about job openings that aren’t even advertised yet.

    Tip Number 2

    Prepare for interviews by brushing up on your reserving techniques and data analysis skills. Be ready to discuss how you’ve tackled complex issues in the past, as strong communication is key in this role.

    Tip Number 3

    Show off your tech skills! If you’ve got experience with SQL or advanced Excel, make sure to highlight that during interviews. Employers love candidates who can blend actuarial knowledge with tech savvy.

    Tip Number 4

    Don’t forget to apply through our website! We’ve got loads of opportunities waiting for talented actuaries like you. Plus, it’s a great way to ensure your application gets seen by the right people.

    We think you need these skills to ace Reserving Actuary – 28691

    Actuarial Reserving Techniques
    Lloyd's Market Experience
    Data Ingestion
    Model Parametrisation
    Diagnostics Review
    Reserve Level Calculation
    MS Excel
    SQL
    Communication Skills
    Process Enhancements

    Some tips for your application 🫡

    Tailor Your CV: Make sure your CV highlights your experience with reserving techniques and any relevant Lloyd’s Market knowledge. We want to see how your skills align with the role, so don’t be shy about showcasing your actuarial expertise!

    Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re passionate about the reserving process and how your background makes you a great fit for our team. Keep it engaging and personal – we love to see your personality!

    Show Off Your Tech Skills: Since strong computer skills are key for this role, make sure to mention your proficiency in MS Excel and any experience with SQL. If you’ve worked on enhancing reserving models or data processes, let us know – we’re all about innovation!

    Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands. Plus, it shows us you’re keen on joining our team at StudySmarter!

    How to prepare for a job interview at Emerald Group Ltd.

    Know Your Reserving Techniques

    Make sure you brush up on your reserving techniques before the interview. Be ready to discuss your experience with the end-to-end quarterly reserving process and how you've handled data ingestion and model parametrisation in the past.

    Showcase Your Tech Skills

    Since strong computer skills are a must, be prepared to talk about your proficiency in MS Excel and any experience you have with SQL. Consider bringing examples of how you've used these tools to enhance reserving models or improve processes.

    Communicate Clearly

    You’ll need to explain complex actuarial concepts to non-actuarial team members, so practice articulating your thoughts clearly. Think of examples where you've successfully communicated intricate issues and how you made them understandable for others.

    Familiarise Yourself with Lloyd’s Market

    If you have prior experience in the Lloyd’s Market, make sure to highlight it. If not, do some research to understand its unique aspects and challenges. This will show your enthusiasm and readiness to dive into the role.

    Reserving Actuary – 28691
    Emerald Group Ltd.
    Location: London
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