At a Glance
- Tasks: Support quarterly reserving processes and enhance methodologies across diverse business portfolios.
- Company: Join a leading Lloyd's syndicate known for its underwriting expertise and sustainable growth.
- Benefits: Enjoy a hybrid working model with 1-2 days in the office and strong professional development support.
- Why this job: Make an impact in a supportive environment while working on high-profile and complex deals.
- Qualifications: Qualified actuary with experience in reserving and strong analytical skills.
- Other info: Collaborate with various teams to communicate reserving results effectively.
The predicted salary is between 36000 - 60000 £ per year.
Job Description
We are partnering with a leading Lloyd's syndicate to recruit a Reserving Actuary to join their high-calibre team in London. This is an exciting opportunity for a qualified actuary to make an impact within a well-respected market player that has experienced strong but sustainable growth.
The Role
You'll play a key role in supporting the quarterly reserving process, reviewing assumptions, and enhancing methodologies across a diverse portfolio of business. With exposure to both traditional and Partnership business, this position offers excellent variety, including the opportunity to contribute to IFRS 17 reporting.
Key Responsibilities
- Support and peer review quarterly reserving work across multiple lines of business
- Conduct deep dives into classes, leading selected projects and presenting findings
- Enhance reserving methodologies and maintain robust models
- Contribute to IFRS 17 reporting and Solvency II Technical Provisions
- Provide insight on portfolio performance, emerging trends, and risks
- Collaborate with underwriting, finance, and risk teams, ensuring reserving results are communicated clearly to stakeholders
Why Apply?
- Partner with a market-leading syndicate known for underwriting expertise and innovation
- Hybrid working model: 1-2 days per week in the London office
- Supportive environment that actively promotes professional development and career progression
- Exposure to a wide range of business lines, including high-profile and complex deals
For more information please apply.
Reserving Actuary 1-2 days per week in office employer: High Finance (UK) Limited T/A HFG
Contact Detail:
High Finance (UK) Limited T/A HFG Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving Actuary 1-2 days per week in office
✨Tip Number 1
Network with professionals in the actuarial field, especially those working in Lloyd's syndicates. Attend industry events or webinars to connect with potential colleagues and learn more about the company culture.
✨Tip Number 2
Familiarise yourself with IFRS 17 reporting and Solvency II Technical Provisions, as these are key components of the role. Consider taking a short course or reading up on recent developments to demonstrate your commitment and knowledge during interviews.
✨Tip Number 3
Prepare to discuss specific examples of how you've enhanced reserving methodologies or conducted deep dives into classes in your previous roles. This will showcase your practical experience and problem-solving skills.
✨Tip Number 4
Research the company's recent projects and successes in the market. Being able to reference their work and express genuine interest in their operations will help you stand out as a candidate who is truly invested in joining their team.
We think you need these skills to ace Reserving Actuary 1-2 days per week in office
Some tips for your application 🫡
Understand the Role: Before applying, make sure to thoroughly understand the responsibilities of a Reserving Actuary. Familiarise yourself with key terms like IFRS 17 and Solvency II, as well as the importance of reserving methodologies.
Tailor Your CV: Highlight your relevant experience in actuarial work, especially any involvement with reserving processes or financial reporting. Use specific examples that demonstrate your skills and achievements in these areas.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Mention how your background aligns with their needs, particularly your ability to enhance methodologies and collaborate with various teams.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial in the actuarial field.
How to prepare for a job interview at High Finance (UK) Limited T/A HFG
✨Understand the Role
Make sure you have a solid grasp of what a Reserving Actuary does. Familiarise yourself with the quarterly reserving process, IFRS 17 reporting, and Solvency II Technical Provisions. This will help you answer questions confidently and demonstrate your knowledge.
✨Prepare for Technical Questions
Expect to be asked about your experience with reserving methodologies and models. Brush up on your technical skills and be ready to discuss specific projects you've worked on, especially those involving deep dives into classes or enhancing methodologies.
✨Showcase Your Collaboration Skills
This role involves working closely with underwriting, finance, and risk teams. Be prepared to share examples of how you've successfully collaborated in the past, highlighting your communication skills and ability to convey complex information clearly.
✨Research the Company
Learn about the Lloyd's syndicate you'll be interviewing with. Understand their market position, recent developments, and their approach to innovation in underwriting. This knowledge will not only impress your interviewers but also help you tailor your responses to align with their values.