At a Glance
- Tasks: Lead quarterly reserving and financial reporting while enhancing analytical capabilities.
- Company: Join a top-tier insurer known for its innovative approach and strong market presence.
- Benefits: Enjoy competitive pay, professional development opportunities, and a collaborative work environment.
- Why this job: This role offers the chance to shape a team and make impactful decisions in a dynamic setting.
- Qualifications: Ideal for reserving actuaries or consultants with strong analytical and leadership skills.
- Other info: Work closely with senior management and various teams to drive business success.
The predicted salary is between 54000 - 84000 £ per year.
We have partnered with a leading insurer to find them a Head of Reserving on an interim basis. This role is not limited to but includes:
- Carrying out quarterly reserving, financial reporting while developing the analytical and reporting capabilities of the actuarial function.
- Presenting results to the Chief Actuary, senior management and committees.
- Build close relationships with the wider business including Underwriting, Actuarial, Finance and Reinsurance teams.
- Managing/growing a small team.
- Develop reserving MI to be used across the business and carry out deep dive reviews.
- Assess performance and highlights areas of potential concern.
- Manage the delivery of TPs.
- Assist the wider actuarial function with Pricing and/or Capital.
This is a great opportunity for a reserving actuary or consultant to come in and build an exciting team with the close guidance of the Chief Actuary. For more information please apply.
Interim Head of Reserving - HFG employer: HFG
Contact Detail:
HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Interim Head of Reserving - HFG
✨Tip Number 1
Familiarise yourself with the latest trends and regulations in the insurance industry, particularly around reserving practices. This knowledge will not only help you during interviews but also demonstrate your commitment to staying updated in a rapidly evolving field.
✨Tip Number 2
Network with professionals in the actuarial field, especially those who have experience in reserving roles. Attend industry events or webinars to connect with potential colleagues and gain insights into what the hiring company values in candidates.
✨Tip Number 3
Prepare to discuss your experience in managing teams and developing analytical capabilities. Be ready to share specific examples of how you've successfully led projects or initiatives that improved reporting processes or team performance.
✨Tip Number 4
Research the company’s culture and values, as well as their approach to collaboration between departments like Underwriting and Finance. Tailor your conversations to reflect how your skills and experiences align with their goals and how you can contribute to building strong interdepartmental relationships.
We think you need these skills to ace Interim Head of Reserving - HFG
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights relevant experience in reserving, financial reporting, and team management. Use specific examples that demonstrate your analytical skills and ability to present results to senior management.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with the responsibilities outlined in the job description, particularly your experience in building relationships across teams.
Highlight Team Management Experience: Since the role involves managing and growing a small team, be sure to include any relevant leadership experience. Discuss your approach to team development and how you've successfully led teams in the past.
Showcase Analytical Skills: Given the emphasis on developing analytical capabilities, provide examples of how you've used data to drive decision-making or improve processes in previous roles. This will demonstrate your fit for the position.
How to prepare for a job interview at HFG
✨Understand the Role Thoroughly
Make sure you have a solid grasp of the responsibilities outlined in the job description. Familiarise yourself with key terms like 'quarterly reserving', 'financial reporting', and 'reserving MI'. This will help you speak confidently about how your experience aligns with the role.
✨Prepare for Technical Questions
Expect to be asked technical questions related to reserving and actuarial practices. Brush up on your knowledge of reserving methodologies and financial reporting standards, as well as any recent developments in the insurance industry that may impact these areas.
✨Showcase Your Leadership Skills
Since this role involves managing and growing a small team, be prepared to discuss your leadership style and past experiences. Share examples of how you've successfully led teams, resolved conflicts, or developed talent within your previous roles.
✨Demonstrate Cross-Functional Collaboration
Highlight your ability to build relationships across different departments such as Underwriting, Finance, and Reinsurance. Prepare anecdotes that illustrate your collaborative approach and how it has led to successful outcomes in past projects.