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 focus on innovation.
- Benefits: Competitive salary, leadership opportunities, and a chance to shape a key function.
- Other info: Join a collaborative team and enjoy a dynamic work environment.
- 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 in London employer: HFG Insurance Recruitment
Join a dynamic and entrepreneurial team in London, where you will have the opportunity to lead the development of an in-house reserving function. Our company fosters a collaborative work culture that values innovation and offers robust professional growth opportunities, ensuring that you can make a meaningful impact while advancing your career in the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Reserving Actuary in London
✨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 the reserving process. Be ready to discuss how you can contribute to building an in-house reserving function and support senior stakeholders.
✨Tip Number 3
Showcase your leadership skills! Think of examples where you've led projects or teams, especially in areas like capital and risk processes. This will help you stand out as a candidate who can shape the actuarial function.
✨Tip Number 4
Don't forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Lead Reserving Actuary in London
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the specific skills and experiences that match the Lead Reserving Actuary role. Highlight your experience with reserving processes, stakeholder communication, and any relevant regulatory knowledge.
Craft a Compelling Cover Letter:Use your cover letter to tell us why you're the perfect fit for this position. Share your passion for actuarial work and how your previous roles have prepared you to lead the reserving function effectively.
Showcase Your Analytical Skills:In your application, emphasise your analytical abilities and experience with technical provisions. We want to see how you've used data to drive decisions and communicate insights to senior stakeholders.
Apply Through Our Website:For the best chance of success, make sure to apply directly through our website. This helps us keep track of your application and ensures it gets the attention it deserves!
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 your technical knowledge and be ready to discuss specific methodologies you've used in the past. Prepare examples of how you've handled quarterly reserves and Technical Provisions.
✨Stakeholder Savvy
Since this role involves strong exposure to senior stakeholders, practice articulating complex actuarial concepts in a way that's easy to understand. Think about how you can communicate key reserve movements effectively and prepare to discuss how you've collaborated with different teams like underwriting and finance.
✨Regulatory Readiness
Familiarise yourself with Solvency UK and Lloyd's reporting requirements. Be prepared to discuss how you've ensured compliance in previous roles and any challenges you've faced. Showing that you understand the regulatory landscape will set you apart from other candidates.
✨Show Your Leadership Skills
This position is all about leadership, so think about times when you've led a project or initiative. Be ready to share how you've built processes from the ground up and how you can contribute to shaping the reserving function. Highlight your ability to inspire and guide a team towards achieving common goals.
