We're looking for an Reserving ActuaryBased in London and reporting to the Head of Reserving, this role will contribute and add value to the Actuarial team and Hamilton groupwide through involvement in the Actuarial function.
All potential candidates should read through the following details of this job with care before making an application.
You will provide actuarial expertise to the business, together with independent rigour and review of underwriting data and statistics for the purpose of reserving.Hamilton Global Specialty is our multi-platform, specialty insurer operating primarily through a Lloyd's Syndicate and Dublin operating company with a managing general agency in the US.What you will doAssist in managing the GAAP reserving process for each Hamilton entity for both Lloyd's' and other regulatory reporting requirements; review method and assumptionsAssist in managing the Solvency II TPs calculation and validation process for each of the syndicate/entities: review method and assumptions; regulatory reporting for all entities with support from reserving analystsActively contribute to the development and application of Technical Actuarial models and methods and the process of continuous improvement within the departmentHelp manage relationships and communication flows with external auditorsWork with internal stakeholders including Underwriters, Finance, Claims and Outwards ReinsuranceAct in accordance with all applicable supervisory bodies, principles, rules and regulationsProvide support to the capital modelling team by focusing mainly on reserving risks and underwriting risks for parameterisation and validationsWork with the Pricing team on ad-hoc projects as and when they ariseAssist in Group reportingDevelop and communicate associated management information packsWhat you require for the roleDemonstrable experience in GI reserving; making good progress on actuarial exams or nearly/newly qualified actuaryExtensive experience in GAAP and Solvency II calculation and reporting, preferable with Lloyd’s market experienceExpert user of Microsoft Excel, VBA; Access and SQL ResQ experience is a plusExcellent verbal and written communication skillsThe ability to be both strategic and pragmatic.
Must be able to think broadly about the businessA creative, proactive and innovative mindset that does not accept the status quoCredible across the business with the proven ability to build strong relationshipsPrevious experience of mentoring and/or managing more junior staff is preferred but not essentialWhat you can expect from usAt Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values: Be Smart, Be Sensible, Be Open and Be More.Our employees consistently say they would recommend Hamilton as a great place to work — a testament to the inclusive, supportive, and empowering culture we’ve built together.
We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.In good companyHamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries.
Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin.
We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business.
We believe we are ‘In good company. xsabvtc ’ with everyone we interact with.DepartmentACTUEmployment TypeFull-TimeMinimum ExperienceExperienced
Reserving Actuary in Whitehall employer: Hamilton
Hamilton is an exceptional employer located in the heart of London, offering a vibrant and collaborative work environment that fosters individual growth and development. With a strong emphasis on inclusivity and empowerment, employees are encouraged to build meaningful relationships and contribute to a diverse global portfolio. The company not only values technical expertise but also provides ample opportunities for professional advancement within a supportive culture, making it a rewarding place to work for those seeking a fulfilling career in underwriting.
