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- Tasks: Own global reserving analyses and support quarterly processes for a leading reinsurance firm.
- Company: Globally recognised reinsurance business with a strong international presence.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Join a lean team and enhance your analytical skills in a supportive setting.
- Why this job: Make an impact in a key role while collaborating with diverse teams across the globe.
- Qualifications: Nearly or newly qualified actuary with 3-5 years of experience in general insurance.
The predicted salary is between 50000 - 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 Analyst or Analyst in London employer: JCW Group
Contact Detail:
JCW Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Analyst or Analyst in 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, VBA, SQL, or Python. We want you to shine when they ask about your analytical mindset and experience!
✨Tip Number 3
Showcase your teamwork skills! Be ready to share examples of how you've partnered with underwriting, claims, pricing, and finance teams in the past. This will highlight 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 take the initiative to connect directly with us.
We think you need these skills to ace Senior Analyst or Analyst in London
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 the perfect fit for the Senior Analyst role. Share specific examples of your past work that align with our needs, especially in general insurance actuarial roles.
Showcase Your Analytical Skills: Since we're looking for someone with a strong analytical mindset, make sure to include examples of how you've interpreted and communicated complex data in your previous roles. This will help us see your potential impact on our reserving function.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you’re considered for the role. Plus, it shows us you’re keen on joining our team!
How to prepare for a job interview at JCW Group
✨Know Your Numbers
As a Senior Analyst or 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 showcase your ability to interpret and communicate complex data.
✨Understand the Business
Familiarise yourself with the reinsurance industry and the company's operations. Research their reserving methodologies and any recent news about their performance. This knowledge will help you engage meaningfully with interviewers and demonstrate your genuine interest in the role.
✨Showcase Team Collaboration
This role requires working across various teams, so be prepared to share examples of how you've successfully collaborated with underwriting, claims, pricing, or finance teams in the past. Highlight your ability to build relationships and communicate effectively with stakeholders from different regions.
✨Technical Skills Matter
Make sure you're comfortable discussing your technical skills, especially in Excel, VBA, SQL, or Python. If you've used any reserving software like ResQ, mention it! Be ready to explain how you've applied these tools in your previous roles to enhance analyses or refine methodologies.