At a Glance
- Tasks: Lead global reserving analyses and collaborate with cross-functional teams.
- 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 a real impact in a key role within a leading reinsurance firm.
- Qualifications: Nearly or newly qualified actuary with 3-5 years of experience.
The predicted salary is between 55000 - 70000 £ 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 Flexibility Analyst in London employer: JCW Group
Contact Detail:
JCW Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Flexibility Analyst in London
✨Tip Number 1
Network like a pro! Reach out to connections in the reinsurance and actuarial fields. Attend industry events or webinars, and don’t be shy about asking for informational interviews. We all know that sometimes it’s not just what you know, but who you know!
✨Tip Number 2
Prepare for those interviews by brushing up on your technical skills. Since this role requires advanced Excel and possibly some coding, make sure you can showcase your abilities. We recommend doing a few practice problems or even creating a mini-project to demonstrate your expertise.
✨Tip Number 3
Tailor your approach! When you get an interview, research the company and its reserving processes. Show them you understand their business and how you can contribute. We want to see you shine by connecting your experience with their needs!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, we love seeing candidates who are proactive and engaged. Let’s get you that Senior Flexibility Analyst role!
We think you need these skills to ace Senior Flexibility Analyst in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Flexibility Analyst role. Highlight your experience in reserving and any relevant technical skills like Excel, VBA, or SQL. We want to see how your background aligns with what we're looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're the perfect fit for our team. Mention specific projects or experiences that relate to the key responsibilities outlined in the job description. Let us know what excites you about this opportunity!
Showcase Your Analytical Skills: Since this role requires a strong analytical mindset, make sure to include examples of how you've interpreted and communicated complex data in your previous roles. We love seeing how you’ve tackled challenges and contributed to team success!
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 gives you a chance to explore more about our company culture and values!
How to prepare for a job interview at JCW Group
✨Know Your Numbers
As a Senior Flexibility 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 global facultative portfolio and understand how reserving impacts overall business performance. This knowledge will help you engage effectively with stakeholders during the interview.
✨Showcase Your Technical Skills
Make sure you're comfortable discussing your technical skills, especially in Excel, VBA, SQL, or Python. Be prepared to provide examples of how you've used these tools in your previous roles, particularly in relation to refining reserving methodologies or enhancing existing tools.
✨Be a Team Player
Highlight your experience working across teams, especially with underwriting, claims, pricing, and finance. Share examples of how you've collaborated with different departments to achieve common goals. This will demonstrate your ability to take ownership and work effectively within a lean team structure.