Lloyd's Reserving Actuary (Multiple Lines) in London

Lloyd's Reserving Actuary (Multiple Lines) in London

London Full-Time 36000 - 60000 £ / year (est.) No working from home possible
HFG Insurance Recruitment

At a Glance

  • Tasks: Lead the quarterly reserving cycle and deliver insights to senior management.
  • Company: Join a leading Lloyd's syndicate with a focus on innovation.
  • Benefits: Gain exposure at group level and influence key decisions.
  • Other info: Opportunity to innovate and modernise reserving processes.
  • Why this job: Shape the future of reserving in a fast-paced environment.
  • Qualifications: Nearly qualified or qualified actuary with strong analytical skills.

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

We’ve partnered with a leading Lloyd’s syndicate to find them a Reserving Actuary for their high-profile, central reserving team. This is a fantastic opportunity for a nearly qualified or qualified actuary to gain exposure at group level, influence senior stakeholders, and work on genuinely forward-thinking reserving initiatives.

Why this role stands out

You’ll sit at the heart of the reserving process, combining technical judgement, stakeholder interaction and innovation in a fast-paced Lloyd’s environment.

Key Responsibilities

  • Own the quarterly reserving cycle at a corporate level, shaping IBNR selections and delivering insight directly to senior management and committees.
  • Drive catastrophe and group-wide analytical work, partnering with claims, underwriting and reinsurance teams to influence key reserving decisions.
  • Innovate and modernise reserving processes, improving platforms, automation and exploring advanced analytics and emerging techniques.

Lloyd's Reserving Actuary (Multiple Lines) in London employer: HFG Insurance Recruitment

Join a leading commercial insurance business in Surrey, where we prioritise a collaborative and inclusive work culture that fosters professional growth and development. As the Head of Compliance & Regulatory Strategy, you will benefit from a competitive salary package, including a generous bonus structure and long-term incentives, all while working alongside industry experts at the forefront of compliance leadership. Our commitment to employee well-being and career advancement makes us an exceptional employer for those seeking meaningful and rewarding opportunities.

HFG Insurance Recruitment

Contact Details:

HFG Insurance Recruitment Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Lloyd's Reserving Actuary (Multiple Lines) in London

Tip Number 1

Network like a pro! Reach out to industry professionals on LinkedIn or at events. We can’t stress enough how important it is to make connections that could lead to job opportunities.

Tip Number 2

Prepare for interviews by researching the company and its culture. We recommend practising common actuarial interview questions and thinking about how your skills can influence key reserving decisions.

Tip Number 3

Showcase your innovative side! Be ready to discuss how you can modernise reserving processes and improve platforms. We love seeing candidates who think outside the box!

Tip Number 4

Apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always looking for talented individuals to join our team in exciting roles like this one.

We think you need these skills to ace Lloyd's Reserving Actuary (Multiple Lines) in London

Reserving Expertise
Stakeholder Management
Technical Judgement
Analytical Skills
Catastrophe Modelling
Collaboration with Claims Teams
Collaboration with Underwriting Teams

Some tips for your application 🫡

Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Lloyd's Reserving Actuary role. Highlight your technical judgement and any relevant projects that showcase your ability to influence senior stakeholders.

Craft a Compelling Cover Letter:Use your cover letter to tell us why you're excited about this opportunity. Mention specific aspects of the role, like the chance to innovate and modernise reserving processes, and how your background makes you a great fit.

Showcase Your Analytical Skills:Since this role involves driving analytical work, be sure to include examples of how you've used data to make decisions or improve processes in your previous roles. We want to see your problem-solving skills in action!

Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get to know you better!

How to prepare for a job interview at HFG Insurance Recruitment

Know Your Numbers

As a Reserving Actuary, you'll need to demonstrate your technical expertise. Brush up on key actuarial concepts and be ready to discuss your experience with IBNR selections and the quarterly reserving cycle. Show them you can own this process!

Engage with Stakeholders

This role involves influencing senior management and collaborating with various teams. Prepare examples of how you've successfully interacted with stakeholders in the past. Highlight your communication skills and ability to drive decisions through effective partnerships.

Showcase Your Innovation

The job calls for modernising reserving processes. Think about any innovative solutions or advanced analytics techniques you've implemented before. Be ready to discuss how you can bring fresh ideas to their team and improve existing platforms.

Stay Current with Industry Trends

The Lloyd's environment is fast-paced and ever-evolving. Familiarise yourself with the latest trends in reserving and actuarial science. Being able to discuss current challenges and opportunities in the industry will show your passion and commitment to the role.