Senior Reserving Analyst in City of London
Senior Reserving Analyst

Senior Reserving Analyst in City of London

City of London Full-Time 55000 - 65000 £ / year (est.) No home office possible
JCW Group

At a Glance

  • Tasks: Lead global reserving analyses and collaborate with diverse teams to enhance business performance.
  • Company: Globally recognised reinsurance firm with a strong international presence.
  • Benefits: Competitive salary, professional development, and a dynamic work environment.
  • Other info: Opportunity to refine methodologies and tools in a supportive team.
  • Why this job: Make a real impact in a key role within a leading reinsurance company.
  • Qualifications: Nearly or newly qualified actuary with 3-5 years of relevant experience.

The predicted salary is between 55000 - 65000 £ per year.

A globally recognised reinsurance business, headquartered in the US, is looking to strengthen its International Reserving function with the addition of a Senior Actuarial Analyst. The organisation operates across multiple European hubs, with reserving teams embedded in key locations.

Key Responsibilities

  • Take ownership of reserving analyses across a global facultative portfolio, assessing reserve adequacy and performance.
  • Support quarterly reserving processes, including monitoring results and investigating key movements.
  • Contribute to year-end reserving reviews and more detailed portfolio analyses.
  • Partner with underwriting, claims, pricing, and finance teams to gain a deeper understanding of business performance.
  • Provide input and peer review within the wider international reserving team.
  • Play a role in refining reserving methodologies and enhancing existing tools.

Key Requirements

  • Nearly or newly qualified actuary (or equivalent).
  • Around 3 - 5 years of experience in general insurance actuarial roles, ideally with a focus on reserving.
  • Exposure to reinsurance or a consulting environment would be beneficial.
  • Strong analytical mindset with the ability to interpret and communicate complex data.
  • Comfortable working across teams and engaging with stakeholders in different regions.
  • Self-starter who is confident taking ownership within a lean team structure.

Technical Skills:

  • Advanced Excel skills are essential.
  • Experience with tools such as VBA, SQL, or Python is advantageous.
  • Familiarity with reserving software (e.g. ResQ) would be beneficial.

Please note: this role does not offer visa sponsorship.

Senior Reserving Analyst in City of London employer: JCW Group

Join a globally recognised reinsurance business that values innovation and collaboration, offering a dynamic work culture where your contributions directly impact the success of our international reserving function. With a strong focus on employee growth, we provide opportunities for professional development and the chance to work alongside industry experts in key European hubs, ensuring a rewarding career path in a supportive environment.
JCW Group

Contact Detail:

JCW Group Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Senior Reserving Analyst in City of London

✨Tip Number 1

Network like a pro! Reach out to professionals in the reinsurance and actuarial fields on LinkedIn. Join relevant groups and participate in discussions to get your name out there and show off your expertise.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss advanced Excel functions, VBA, SQL, or Python. We want you to shine when they ask about your analytical mindset!

✨Tip Number 3

Showcase your teamwork skills! Be ready to share examples of how you've partnered with underwriting, claims, and finance teams in the past. This will demonstrate your ability to engage with stakeholders across different regions.

✨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 are proactive and take ownership of their job search.

We think you need these skills to ace Senior Reserving Analyst in City of London

Reserving Analysis
Reserve Adequacy Assessment
Quarterly Reserving Processes
Portfolio Analysis
Stakeholder Engagement
Actuarial Methodologies
Advanced Excel Skills
VBA
SQL
Python
Reserving Software (e.g. ResQ)
Analytical Mindset
Communication of Complex Data
Team Collaboration
Self-Starter

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the key responsibilities and requirements from the job description. Highlight your experience in reserving analyses and any relevant technical skills like Excel, VBA, or SQL. We want to see how you fit into our team!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs. Don’t forget to mention your experience in general insurance and any exposure to reinsurance.

Showcase Your Analytical Skills: Since this role requires a strong analytical mindset, include examples of how you've interpreted complex data in your previous roles. We love seeing how you’ve contributed to reserving processes or refined methodologies in the past.

Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It helps us keep track of your application and ensures you don’t miss out on any important updates from us!

How to prepare for a job interview at JCW Group

✨Know Your Numbers

As a Senior Reserving Analyst, you'll be dealing with complex data. Brush up on your analytical skills and be ready to discuss specific examples of how you've assessed reserve adequacy in the past. Prepare to explain your thought process clearly, as this will show your ability to interpret and communicate complex data effectively.

✨Understand the Business

Familiarise yourself with the reinsurance industry and the company's specific operations. Research their global facultative portfolio and understand how reserving impacts overall business performance. This knowledge will help you engage meaningfully with stakeholders during the interview.

✨Showcase Your Technical Skills

Make sure to highlight your advanced Excel skills and any experience with tools like VBA, SQL, or Python. Be prepared to discuss how you've used these tools in previous roles to enhance reserving methodologies or improve analyses. Practical examples will demonstrate your technical prowess.

✨Be a Team Player

This role requires collaboration across various teams. Share experiences where you've successfully partnered with underwriting, claims, pricing, or finance teams. Emphasise your ability to work in a lean team structure and how you take ownership of your responsibilities while supporting your colleagues.

Senior Reserving Analyst in City of London
JCW Group
Location: City of London

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