At a Glance
- Tasks: Lead the development of the reserving process and deliver key analysis to stakeholders.
- 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: Collaborate with various teams and contribute to capital and risk processes.
- Why this job: Shape a key actuarial function and make a real impact in a dynamic environment.
- Qualifications: Experience as an 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: High Finance Limited
Join a dynamic and entrepreneurial team in London, where you will have the opportunity to lead the development of an in-house reserving function. Our company fosters a collaborative work culture that values innovation and offers extensive growth opportunities for employees, allowing you to make a significant impact while working closely with senior stakeholders across various departments.
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 actuarial field, especially those who work in (re)insurance. A friendly chat can lead to insider info about job openings or even a referral.
✨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 would approach building and delivering the reserving function.
✨Tip Number 3
Showcase your leadership skills! Think of examples where you've led projects or teams, especially in areas related to reserving or working with senior stakeholders. This will help you stand out as a candidate.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who take that extra step to connect with us directly.
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 senior stakeholders.
Showcase Your Analytical Skills:Since this role involves producing reserving outputs and delivering analysis, make sure to highlight your analytical skills in both your CV and cover letter. Provide examples of how you've used data to drive decisions or improve processes in previous roles.
Apply Through Our Website:We encourage you to apply directly through our website for a smoother application process. This way, we can ensure your application gets the attention it deserves and you can easily track its progress!
How to prepare for a job interview at High Finance Limited
✨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 key reserve movements or insights to non-technical audiences.
✨Showcase Your Leadership Skills
This position is all about leadership within a dynamic team. Think of specific instances where you've led projects or initiatives, particularly in building or improving reserving functions. Highlight your ability to inspire and guide teams through challenges.
✨Prepare for Scenario Testing
Given the focus on capital and risk processes, be prepared to discuss your experience with stress and scenario testing. Bring examples of how you've contributed to these processes and the impact your analyses had on decision-making.
