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 60000 - 80000 £ 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 in London employer: High Finance
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 robust professional growth opportunities, ensuring that you can make a meaningful impact while advancing your career in the actuarial field.
StudySmarter Expert Advice🤫
We think this is how you could land Lead Reserving Actuary in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like High Finance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like High Finance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Lead Reserving Actuary in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at High Finance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at High Finance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at High Finance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at High Finance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at High Finance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding High Finance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
