At a Glance
- Tasks: Lead the development of the reserving process and deliver key analysis to stakeholders.
- Company: Dynamic specialty (re)insurer based in London with a collaborative culture.
- Benefits: Competitive salary, leadership opportunities, and a chance to shape a key function.
- Other info: Entrepreneurial environment with excellent career growth potential.
- Why this job: Take on a leadership role and make a real impact in a growing company.
- Qualifications: Experience as an actuary with strong analytical and communication skills.
The predicted salary is between 80000 - 100000 £ per year.
We have partnered with a growing specialty (re)insurer to find a Reserving Lead to join their London-based actuarial team. This is a key hire supporting the development of an in-house reserving function, with strong exposure to senior stakeholders.
Responsibilities
- Lead the build and ongoing delivery of the reserving process, including quarterly reserves and Technical Provisions.
- Produce reserving outputs for internal reporting, regulatory requirements, and audit.
- Deliver analysis of change and communicate key reserve movements to senior stakeholders.
- Support Solvency UK and Lloyd's reporting and compliance.
- Work closely with underwriting, claims, finance, and risk teams to provide insight and challenge.
- Contribute to capital and risk processes, including stress and scenario testing.
- Represent reserving at internal committees and support wider actuarial work as required.
Opportunity
This is an excellent opportunity for an experienced actuary to take on a leadership role within a dynamic and entrepreneurial environment, offering strong visibility, ownership, and the chance to shape a key actuarial function from the ground up.
Lead Reserving Actuary employer: HFG Insurance Recruitment
Join a forward-thinking specialty (re)insurer in London, where you will thrive in a dynamic and entrepreneurial culture that values innovation and collaboration. As a Lead Reserving Actuary, you will enjoy significant exposure to senior stakeholders, ample opportunities for professional growth, and the chance to shape the reserving function while contributing to impactful decision-making processes. With a commitment to employee development and a supportive work environment, this company stands out as an excellent employer for those seeking meaningful and rewarding careers in the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Reserving Actuary
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in (re)insurance. A friendly chat can lead to insider info about job openings or even a referral.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and understanding of reserving processes. Be ready to discuss how you can contribute to the development of an in-house reserving function.
✨Tip Number 3
Showcase your leadership skills! Think of examples where you've led projects or teams, especially in areas related to reserves and stakeholder communication. This will help you stand out as a candidate.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it’s a great way to get noticed by our hiring team.
We think you need these skills to ace Lead Reserving Actuary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV is tailored to the Lead Reserving Actuary role. Highlight your experience with reserving processes, stakeholder communication, and any relevant regulatory knowledge. We want to see how your skills align with what we're looking for!
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this role. Mention specific experiences that relate to the responsibilities listed in the job description, and don’t forget to show your enthusiasm for joining our team.
Showcase Your Analytical Skills:Since this role involves a lot of analysis, make sure to highlight your analytical skills in your application. Provide examples of how you've successfully delivered insights or communicated complex data to senior stakeholders in the past.
Apply Through Our Website:We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you’re considered for the role. Plus, it’s super easy – just follow the prompts!
How to prepare for a job interview at HFG Insurance Recruitment
✨Know Your Numbers
As a Lead Reserving Actuary, you'll need to demonstrate your expertise in reserving processes. Brush up on key metrics and methodologies relevant to the role, such as Technical Provisions and Solvency II requirements. Be ready to discuss how you've applied these in past roles.
✨Engage with Stakeholders
Since this role involves strong exposure to senior stakeholders, practice articulating complex actuarial concepts in a clear and concise manner. Prepare examples of how you've successfully communicated reserve movements or analysis to non-technical audiences.
✨Showcase Your Leadership Skills
This position is all about leading the reserving function. Think of instances where you've taken charge of projects or teams. Be prepared to discuss your leadership style and how you motivate others, especially in a dynamic environment.
✨Collaborate Across Teams
You'll be working closely with underwriting, claims, finance, and risk teams. Highlight your experience in cross-functional collaboration. Prepare to share specific examples of how you've provided insights or challenged assumptions in a team setting.
