At a Glance
- Tasks: Lead reserving analysis and engage with teams for insight-driven outcomes.
- Company: Join a well-established global (re)insurer with a strong reputation.
- Benefits: Enjoy opportunities for professional growth and exposure to international regulations.
- Why this job: Contribute to reserving excellence and drive automation in a dynamic team environment.
- Qualifications: Actuarial knowledge and analytical skills are essential; experience in reserving is a plus.
- Other info: Gain valuable insights across multiple jurisdictions and enhance your career in actuarial science.
The predicted salary is between 36000 - 60000 £ per year.
We have partnered with a well-established global (re)insurer to find them an Actuarial Specialist (Reserving) to join their growing actuarial team. This role offers the chance to contribute to reserving excellence across a wide international portfolio, while gaining exposure to multiple jurisdictions and regulatory frameworks.
Key Responsibilities:
- Quarterly Reserving - Lead reserving analysis across a wide range of commercial lines, engaging with underwriting and claims teams to deliver insight-driven outcomes.
- Regulatory Reporting - Support various global regulatory submissions including Solvency II, IFRS 17 and other international requirements.
- Business Planning - Analyse trends and anticipated profitability to support planning and performance analysis.
- Process Development - Drive automation and enhance data-driven reserving processes and actuarial MI.
- Stakeholder Engagement - Present findings and recommendations to both technical and non-technical stakeholders, contributing to strategic discussions.
Please apply for more information:
Reserving Actuary / Analyst employer: HFG Insurance Recruitment
Contact Detail:
HFG Insurance Recruitment Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary / Analyst
✨Tip Number 1
Familiarise yourself with the key regulatory frameworks mentioned in the job description, such as Solvency II and IFRS 17. Understanding these regulations will not only help you in interviews but also demonstrate your commitment to the role.
✨Tip Number 2
Engage with current trends in the actuarial field, particularly around reserving practices and data automation. Being able to discuss recent developments or innovations can set you apart during discussions with our team.
✨Tip Number 3
Prepare to showcase your analytical skills by discussing specific examples of how you've contributed to business planning or performance analysis in previous roles. This will highlight your ability to drive insight-driven outcomes.
✨Tip Number 4
Practice presenting complex actuarial concepts in a simplified manner. Since you'll be engaging with both technical and non-technical stakeholders, being able to communicate effectively is crucial for success in this role.
We think you need these skills to ace Reserving Actuary / Analyst
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Reserving Actuary/Analyst. Familiarise yourself with key concepts like reserving analysis, regulatory reporting, and business planning to tailor your application effectively.
Highlight Relevant Experience: In your CV and cover letter, emphasise any previous experience in actuarial roles, particularly in reserving or regulatory reporting. Use specific examples to demonstrate your skills in data analysis, stakeholder engagement, and process development.
Showcase Technical Skills: Mention any relevant technical skills, such as proficiency in actuarial software, data analysis tools, or programming languages. Highlight your ability to drive automation and enhance data-driven processes, as these are crucial for the role.
Craft a Compelling Cover Letter: Write a tailored cover letter that connects your background to the job description. Discuss your passion for actuarial science and how your insights can contribute to the company's goals, especially in terms of reserving excellence and stakeholder engagement.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand the Regulatory Landscape
Familiarise yourself with key regulations such as Solvency II and IFRS 17. Being able to discuss these frameworks confidently will demonstrate your knowledge and readiness for the role.
✨Showcase Your Analytical Skills
Prepare examples of how you've conducted reserving analysis in the past. Highlight your ability to engage with underwriting and claims teams to derive insights that drive decision-making.
✨Emphasise Stakeholder Engagement
Be ready to discuss how you've presented complex actuarial findings to both technical and non-technical audiences. This will show your communication skills and ability to contribute to strategic discussions.
✨Demonstrate Process Improvement Mindset
Think about instances where you've driven automation or enhanced data-driven processes. Sharing these experiences will illustrate your proactive approach to process development in actuarial work.