At a Glance
- Tasks: Lead the development of an in-house reserving function and deliver key analysis.
- Company: A growing specialty (re)insurer based in London with a dynamic culture.
- Benefits: Opportunity for leadership, strong visibility, and ownership in your role.
- Other info: Join a collaborative team and contribute to exciting capital and risk processes.
- Why this job: Shape a key actuarial function and work closely with senior stakeholders.
- Qualifications: Experienced actuary with strong analytical and communication skills.
The predicted salary is between 80000 - 100000 £ per year.
We have partnered with a growing specialty (re)insurer to find a Reserving Lead to join their London-based actuarial team. This is a key hire supporting the development of an in-house reserving function, with strong exposure to senior stakeholders.
- Lead the build and ongoing delivery of the reserving process, including quarterly reserves and Technical Provisions.
- Produce reserving outputs for internal reporting, regulatory requirements, and audit.
- Deliver analysis of change and communicate key reserve movements to senior stakeholders.
- Support Solvency UK and Lloyd's reporting and compliance.
- Work closely with underwriting, claims, finance, and risk teams to provide insight and challenge.
- Contribute to capital and risk processes, including stress and scenario testing.
- Represent reserving at internal committees and support wider actuarial work as required.
This is an excellent opportunity for an experienced actuary to take on a leadership role within a dynamic and entrepreneurial environment, offering strong visibility, ownership, and the chance to shape a key actuarial function from the ground up.
Lead Reserving Actuary employer: HFG
Join a dynamic and entrepreneurial team in London, where you will have the opportunity to lead the development of an in-house reserving function within a growing specialty (re)insurer. Our collaborative work culture fosters innovation and provides strong visibility and ownership, allowing you to shape key actuarial processes while working closely with senior stakeholders across various departments. With a commitment to employee growth and a supportive environment, this role offers a meaningful and rewarding career path for experienced actuaries.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Reserving Actuary
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars where you can meet potential employers and showcase your expertise in reserving.
✨Tip Number 2
Prepare for interviews by brushing up on your technical knowledge and understanding of the reserving process. Be ready to discuss how you've tackled challenges in previous roles and how you can contribute to building an in-house reserving function.
✨Tip Number 3
Showcase your leadership skills! When speaking with potential employers, highlight your experience in leading teams or projects, especially in areas like Solvency UK and Lloyd's reporting. They want to see that you can take charge and drive results.
✨Tip Number 4
Don’t forget to apply through our website! We’ve got loads of opportunities that might just be the perfect fit for you. Plus, it’s a great way to ensure your application gets the attention it deserves.
We think you need these skills to ace Lead Reserving Actuary
Some tips for your application 🫡
Tailor Your CV:Make sure your CV reflects the skills and experiences that align with the Lead Reserving Actuary role. Highlight your experience in reserving processes, stakeholder communication, and any leadership roles you've held.
Craft a Compelling Cover Letter:Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for this position. Mention specific projects or achievements that demonstrate your expertise in reserving and your ability to work with cross-functional teams.
Showcase Your Analytical Skills:Since this role involves delivering analysis of change and communicating key reserve movements, make sure to include examples of how you've used your analytical skills in past roles. Numbers speak volumes, so don’t shy away from including metrics!
Apply Through Our Website:We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. Plus, it shows you’re keen on joining our team!
How to prepare for a job interview at HFG
✨Know Your Numbers
As a Lead Reserving Actuary, you'll need to demonstrate your expertise in reserving processes. Brush up on key metrics and methodologies relevant to the role, such as Technical Provisions and Solvency II requirements. Be ready to discuss how you've applied these in past roles.
✨Engage with Stakeholders
Since this role involves strong exposure to senior stakeholders, practice articulating complex actuarial concepts in a clear and concise manner. Prepare examples of how you've successfully communicated reserve movements or analysis to non-technical audiences in previous positions.
✨Showcase Leadership Skills
This position is all about leadership, so be prepared to share your experiences leading teams or projects. Think of specific instances where you’ve driven change or improved processes within an actuarial function, and how you can bring that experience to the new role.
✨Collaborate Across Functions
Highlight your ability to work closely with underwriting, claims, finance, and risk teams. Prepare examples of how you've collaborated with different departments to provide insights or challenge assumptions, showcasing your holistic understanding of the business.
