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 opportunities, and a dynamic work environment.
- Other info: Join a lean team and enjoy excellent career growth potential.
- 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 - 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 Reserving Analyst in London employer: JCW Group
Contact Detail:
JCW Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Reserving Analyst in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance and actuarial fields. We all know that sometimes it’s not just what you know, but who you know. Attend industry events or webinars to meet potential employers and get your name out there.
✨Tip Number 2
Prepare for those interviews! Research the company and its reserving processes thoroughly. We want you to be able to discuss how your experience aligns with their needs, especially in areas like reserve adequacy and performance. Practice common interview questions and have your own ready to go!
✨Tip Number 3
Show off your analytical skills! Be ready to discuss specific examples of how you've tackled complex data in your previous roles. We love candidates who can demonstrate their problem-solving abilities, especially when it comes to refining methodologies and enhancing tools.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen by the right people. We’re always on the lookout for talented individuals like you, so don’t hesitate to showcase your skills and experience directly on our platform.
We think you need these skills to ace Senior Reserving 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 tools you've used, like Excel 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 analytical mindset and teamwork skills – we love that!
Showcase Your Technical Skills: Since we're looking for someone with strong technical abilities, make sure to list your advanced Excel skills and any experience with VBA, SQL, or Python. If you've worked with reserving software like ResQ, shout about it!
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 you’re keen on joining our team!
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 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 underwriting, claims, pricing, and finance teams during the interview.
✨Showcase Your Technical Skills
Make sure to highlight your advanced Excel skills and any experience with VBA, SQL, or Python. Be prepared to discuss how you've used these tools in previous roles, especially in refining reserving methodologies or enhancing existing tools. This will demonstrate your technical proficiency and readiness for the role.
✨Be a Self-Starter
The company is looking for someone who can take ownership within a lean team structure. Share examples from your past where you've taken initiative or led projects independently. This will show that you're a self-starter who can thrive in a dynamic environment.