At a Glance
- Tasks: Analyse claims data and provide insights to inform business decisions.
- Company: Join a leading global insurer with a supportive culture and strong internal mobility.
- Benefits: Enjoy flexible working options and opportunities for professional development.
- Why this job: Make a real impact by driving change and improving processes in a dynamic environment.
- Qualifications: Strong analytical skills, advanced Excel, and experience in actuarial or claims preferred.
- Other info: Ideal for those who thrive on collaboration and enjoy tackling complex challenges.
The predicted salary is between 43200 - 72000 Β£ per year.
Were working with a leading global insurer seeking a commercially minded actuary (or someone with strong actuarial experience) to join a high-impact team focused on claims insights and volatility across complex, long-tail business lines.
This unique position sits at the intersection of claims and reservingideal for someone who enjoys both technical analysis and cross-team collaboration. You\βll play a key role in delivering actionable insights that inform reserving assumptions, claims strategy, and broader business decision-making.
Key Responsibilities
- Lead regular analysis of large and volatile claims, producing outputs that inform senior stakeholders.
- Act as a key liaison between claims, reserving, underwriting, and data teamstranslating technical trends into practical insights.
- Identify data quality issues and champion improvements in collaboration with operations and transformation teams.
- Support automation, AI, and reporting initiatives across the claims function.
- Deliver deep-dive analyses on emerging risks, class-specific trends, and market-wide exposure events.
- Contribute to upskilling and technical development across actuarial and claims teams.
What Were Looking For
- Strong analytical mindset and experience interpreting complex numerical data.
- Confident communicator who can navigate and influence across technical and non-technical teams.
- Advanced Excel skills; familiarity with SQL and Power BI (or similar tools) is highly desirable.
- Ability to work independently, manage competing deadlines, and drive process improvements.
- Prior experience in actuarial, reserving, or claims within the London Market is a strong advantage.
Why This Role?
- Exposure to high-value and complex insurance portfolios.
- Blend of technical depth and stakeholder interaction.
- Genuine scope to drive change, improve processes, and shape the way data informs decisions.
- A global insurer with a supportive culture, flexible working, and strong internal mobility.
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Reserving Actuary employer: IPS Group
Contact Detail:
IPS Group Recruiting Team
StudySmarter Expert Advice π€«
We think this is how you could land Reserving Actuary
β¨Tip Number 1
Familiarise yourself with the latest trends in claims and reserving within the insurance industry. Understanding current market dynamics will help you engage in meaningful conversations during interviews and demonstrate your knowledge of the field.
β¨Tip Number 2
Network with professionals in the actuarial and insurance sectors, especially those who work in claims and reserving. Attend industry events or join relevant online forums to build connections that could provide insights and potentially refer you to opportunities at StudySmarter.
β¨Tip Number 3
Brush up on your technical skills, particularly in Excel, SQL, and Power BI. Being able to showcase your proficiency in these tools during discussions can set you apart from other candidates and show your readiness for the role.
β¨Tip Number 4
Prepare to discuss specific examples of how you've contributed to process improvements or data-driven decision-making in previous roles. Highlighting your experience in driving change will resonate well with the expectations of this position.
We think you need these skills to ace Reserving Actuary
Some tips for your application π«‘
Tailor Your CV: Make sure your CV highlights relevant actuarial experience, particularly in claims and reserving. Emphasise your analytical skills and any experience with large data sets, as well as your familiarity with tools like SQL and Power BI.
Craft a Compelling Cover Letter: In your cover letter, express your enthusiasm for the role and the company. Discuss how your background aligns with the key responsibilities, especially your ability to translate technical trends into actionable insights and your experience in cross-team collaboration.
Showcase Your Analytical Skills: Provide specific examples of past projects or analyses where you interpreted complex numerical data. Highlight any instances where your insights led to improved decision-making or process enhancements within your previous roles.
Prepare for Potential Questions: Anticipate questions related to your experience with claims analysis and your approach to data quality issues. Be ready to discuss how you've contributed to automation or reporting initiatives in the past, as these are key aspects of the role.
How to prepare for a job interview at IPS Group
β¨Showcase Your Analytical Skills
As a Reserving Actuary, you'll need to demonstrate your strong analytical mindset. Be prepared to discuss specific examples where you've interpreted complex numerical data and how your insights influenced decision-making.
β¨Communicate Effectively
This role requires you to liaise between various teams. Practice explaining technical concepts in simple terms, as well as how you've successfully navigated discussions with both technical and non-technical stakeholders in the past.
β¨Familiarise Yourself with Tools
Make sure you're comfortable discussing your experience with Excel, SQL, and Power BI. If you have any projects or analyses you've completed using these tools, be ready to share them during the interview.
β¨Demonstrate Your Problem-Solving Abilities
Prepare to talk about instances where you've identified data quality issues and how you championed improvements. Highlight your ability to work independently and manage competing deadlines while driving process enhancements.