At a Glance
- Tasks: Lead reserving analysis and support regulatory reporting for a global (re)insurer.
- Company: Join a well-established global (re)insurer with a strong reputation in the industry.
- Benefits: Enjoy opportunities for professional growth and exposure to international regulatory frameworks.
- Why this job: Be part of a dynamic team driving innovation in actuarial processes and stakeholder engagement.
- Qualifications: Ideal for those with actuarial knowledge and a passion for data-driven decision making.
- Other info: Gain valuable experience across multiple jurisdictions while contributing to strategic discussions.
The predicted salary is between 43200 - 72000 £ 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 tools 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 add value to our actuarial team.
✨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 and how they align with the job requirements.
Showcase Technical Skills: Mention any technical skills relevant to the role, such as proficiency in actuarial software, data analysis tools, or programming languages. This will help you stand out as a candidate who can drive automation and enhance data-driven processes.
Engage Stakeholders: Since stakeholder engagement is crucial for this role, include examples of how you've successfully communicated complex findings to both technical and non-technical audiences in your application. This will demonstrate your ability to contribute to strategic discussions.
How to prepare for a job interview at HFG Insurance Recruitment
✨Understand the Role
Make sure you have a solid grasp of what a Reserving Actuary does. Familiarise yourself with key responsibilities like quarterly reserving analysis and regulatory reporting. This will help you answer questions confidently and demonstrate your enthusiasm for the role.
✨Brush Up on Regulations
Since the job involves supporting global regulatory submissions like Solvency II and IFRS 17, it's crucial to be well-versed in these frameworks. Prepare to discuss how you would approach compliance and any relevant experience you have in this area.
✨Showcase Your Analytical Skills
Be ready to provide examples of how you've used data analysis to drive business decisions in the past. Highlight any experience you have with automation and enhancing data-driven processes, as this is a key part of the role.
✨Engage with Stakeholders
Prepare to discuss how you would present findings to both technical and non-technical stakeholders. Think of examples where you've successfully communicated complex information and contributed to strategic discussions, as this will show your ability to engage effectively with diverse teams.