At a Glance
- Tasks: Lead reserving and capital modelling, collaborating with key stakeholders for impactful insights.
- Company: Join a leading Lloyd's market firm with a focus on innovation and collaboration.
- Benefits: Enjoy a competitive salary, bonuses, hybrid working, and comprehensive benefits.
- Why this job: Make a real impact in a high-visibility role with senior management interaction.
- Qualifications: Qualified Actuary with strong reserving and capital modelling experience.
- Other info: Great career development opportunities and support for continued learning.
The predicted salary is between 36000 - 60000 £ per year.
We’re seeking a qualified actuary with strong experience in both reserving and capital modelling. This role provides exposure across the full actuarial lifecycle, combining reserving, internal model work, and strategic capital planning. You’ll collaborate closely with stakeholders across actuarial, underwriting, finance, and risk to drive insight, ensure regulatory compliance, and support decision-making at the highest levels.
This is a high-impact position, well-suited to someone looking to expand their technical and commercial experience within the Lloyd’s market.
Key Responsibilities
- Reserving:
- Lead or support the production of quarterly technical provisions under Solvency II and Lloyd’s reporting frameworks.
- Deliver reserving deep dives and portfolio segmentation analysis to provide insights into claims development and reserve adequacy.
- Collaborate with underwriters and claims teams to ensure alignment between reserving assumptions and portfolio performance.
- Prepare and present reserving results to key stakeholders including senior leadership, finance, and group actuarial teams.
- Contribute to the development and parameterisation of the internal model in line with Lloyd’s standards.
- Support the delivery of SCR calculations and model outputs for regulatory and business planning purposes.
- Work with capital and validation teams to improve model performance, documentation, and governance processes.
- Assist in the integration of reserving and capital workstreams, ensuring consistency and transparency.
About You
Qualifications & Experience:
- Qualified Actuary (FIA or equivalent)
- Strong experience in both reserving and capital modelling, ideally within the Lloyd’s or London Market
- Familiarity with Lloyd’s regulations, reporting cycles, and model approval processes
- Proficient in actuarial software such as ResQ, Tyche, or Igloo, and strong Excel skills
Skills & Attributes:
- Excellent analytical and problem-solving ability
- Strong communication and presentation skills; able to engage technical and non-technical stakeholders
- Highly organised with the ability to manage competing priorities
- Comfortable working independently and as part of a collaborative team
What’s on Offer
- Opportunity to contribute to both capital and reserving strategy in a leading Lloyd’s environment
- High visibility and regular interaction with senior management
- Hybrid working policy with flexible hours
- Competitive salary, bonus, and comprehensive benefits package
- Career development opportunities and support for continued learning
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Reserving & Capital Actuary employer: IGA Talent Solutions
Contact Detail:
IGA Talent Solutions Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving & Capital Actuary
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to professionals on LinkedIn. We all know that sometimes it’s not just what you know, but who you know that can help land that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience in reserving and capital modelling. We want to see how you can bring value to their team, so share specific examples of your past work and how it aligns with their needs.
✨Prepare for Interviews
Do your homework before any interview! Understand the company’s position in the Lloyd’s market and be ready to discuss how your skills can contribute to their goals. We recommend practising common actuarial interview questions and preparing some insightful questions of your own.
✨Apply Through Our Website
Don’t forget to check out our website for the latest job openings! Applying directly through our site not only shows your interest but also helps us keep track of your application. We’re excited to see how you can fit into our team!
We think you need these skills to ace Reserving & Capital Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV highlights your experience in reserving and capital modelling. We want to see how your skills align with the role, so don’t be shy about showcasing your achievements in these areas!
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 role. Mention specific experiences that relate to the job description and show us your passion for the Lloyd’s market.
Showcase Your Technical Skills: Since we’re looking for someone proficient in actuarial software like ResQ or Tyche, make sure to mention your technical skills clearly. We want to know how you’ve used these tools in your previous roles!
Apply Through Our Website: Don’t forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for this exciting opportunity. We can’t wait to hear from you!
How to prepare for a job interview at IGA Talent Solutions
✨Know Your Actuarial Stuff
Make sure you brush up on your reserving and capital modelling knowledge. Be ready to discuss specific methodologies you've used, especially in the context of Solvency II and Lloyd’s reporting frameworks. This will show that you’re not just familiar with the concepts but have practical experience.
✨Prepare for Stakeholder Engagement
Since this role involves collaboration with various teams, think about examples where you've successfully communicated complex actuarial concepts to non-technical stakeholders. Practise how you would present reserving results to senior leadership, as this is a key part of the job.
✨Showcase Your Analytical Skills
Be prepared to discuss your analytical approach to claims development and reserve adequacy. Think of specific instances where your analysis led to significant insights or decisions. This will demonstrate your problem-solving abilities and your value to the team.
✨Familiarise Yourself with Tools
If you’ve worked with actuarial software like ResQ, Tyche, or Igloo, be ready to talk about your experience. Highlight any projects where you improved model performance or documentation, as this aligns well with the responsibilities of the role.