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: Be part of a dynamic team driving innovation in actuarial processes.
- Qualifications: Actuarial knowledge and analytical skills are essential; experience is a plus.
- Other info: Contribute to strategic discussions and enhance your career in a supportive environment.
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 specific 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 that enhance data-driven processes will set you apart from other candidates.
✨Tip Number 3
Prepare to showcase your stakeholder engagement skills. Think of examples where you've successfully communicated complex actuarial concepts to non-technical audiences, as this is a key part of the role.
✨Tip Number 4
Network with professionals in the actuarial field, especially those who work in reserving roles. This can provide you with insights into the day-to-day responsibilities and challenges, which can be invaluable during your application process.
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 stakeholder engagement.
Tailor Your CV: Highlight relevant experience in actuarial roles, especially in reserving and regulatory reporting. Use specific examples that demonstrate your analytical skills and ability to engage with stakeholders.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your skills align with their needs, particularly in areas like process development and business planning.
Showcase Technical Skills: Emphasise any technical skills related to actuarial software or data analysis tools. Mention your familiarity with Solvency II and IFRS 17, as these are crucial for the role.
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 how these frameworks impact reserving practices will demonstrate your knowledge and readiness for the role.
✨Showcase Your Analytical Skills
Prepare to discuss specific 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 talk about your experience presenting findings to both technical and non-technical audiences. This role requires effective communication, so showcasing your ability to tailor your message will be crucial.
✨Demonstrate Process Improvement Mindset
Discuss any previous experiences where you have driven automation or enhanced data-driven processes. Showing that you can contribute to process development will set you apart from other candidates.