At a Glance
- Tasks: Support the Lead Reserving Actuary in all aspects of actuarial functions and analyses.
- Company: Join a leading reinsurance company based in Bermuda with a collaborative team.
- Benefits: Competitive salary, professional development opportunities, and a supportive work environment.
- Other info: Dynamic role with opportunities for coaching and career growth.
- Why this job: Make a real impact in the actuarial field while developing your skills.
- Qualifications: Degree in Mathematics, qualified actuary, and strong analytical skills required.
The predicted salary is between 60000 - 80000 £ per year.
Qualifications
- University degree in Mathematics or a related field
- Qualified Actuary (FIA or equivalent)
- General commercial and financial knowledge
- Experienced user of MS Excel, VBA and Access/SQL skills
- Strong technical skills and relevant market knowledge, with good experience of reserving and actuarial valuation techniques
- Strong analytical skills with attention to detail; accurate and numerate
- Ability to understand claim trends, impact of legislative & other drivers
- Excellent communication skills, both verbal and written
- Team player, providing support and coaching while working independently
- Pro-active, takes initiative and adopts a positive approach to challenges, seeking improvements
- Time-management skills, ability to meet deadlines and prioritise tasks
- Willingness to develop and improve own capability, including non-technical soft skills
Role Summary
The role supports the Lead Reserving Actuary and their team across all aspects of the Actuarial Function Holder responsibilities for Antares’ Bermuda operations. It involves working with Antares RE (a Bermuda-domiciled reinsurance company), its subsidiary QEL, and group-level reporting for Antares Holdings.
Key duties include:
- Coaching and technical support for junior actuarial team members
- Conducting quarterly reserving processes, portfolio reviews, and ad-hoc deep-dive analyses
- Analysis of quarterly reserving projections and A vs E Solvency II technical provisions and IFRS 17 fulfilment cashflows
- Assisting with reserving analysis and assessments of business profitability
- Participating in meetings alongside product-line underwriters and claims personnel to discuss
Reserving Actuary in London employer: LE010 Antares Global Management Limited
Antares offers a dynamic and supportive work environment for Reserving Actuaries, fostering a culture of collaboration and continuous learning. Located in Bermuda, employees benefit from a unique blend of professional growth opportunities and a vibrant lifestyle, with access to beautiful surroundings and a strong community. The company prioritises employee development through coaching and mentorship, ensuring that team members are well-equipped to excel in their roles while enjoying a healthy work-life balance.
Contact Details:
LE010 Antares Global Management Limited Recruitment Team
StudySmarter Expert Advice🤫
We think this is how you could land Reserving Actuary in London
✨Tip Number 1
Network like a pro! Reach out to fellow actuaries and industry professionals on LinkedIn. Join relevant groups and participate in discussions to get your name out there and learn about potential job openings.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding the latest trends in reserving and actuarial valuation techniques. We recommend practising common interview questions and scenarios that might come up in your field.
✨Tip Number 3
Showcase your analytical skills! During interviews, be ready to discuss specific examples of how you've tackled complex problems or improved processes in your previous roles. This will demonstrate your value to potential employers.
✨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 the initiative to connect with us directly.
We think you need these skills to ace Reserving Actuary in London
Some tips for your application 🫡
Show Off Your Qualifications:Make sure to highlight your university degree in Mathematics or a related field, and don’t forget to mention your qualifications as a Qualified Actuary (FIA or equivalent). We want to see how your background aligns with the role!
Demonstrate Your Technical Skills:We’re looking for someone with strong technical skills, especially in MS Excel, VBA, and Access/SQL. Be sure to include specific examples of how you've used these tools in your previous roles to tackle challenges.
Communicate Clearly:Excellent communication skills are key! Whether it’s your written application or during interviews, make sure you convey your thoughts clearly and concisely. We appreciate a good storyteller who can explain complex ideas simply.
Apply Through Our Website:Don’t forget to apply 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 proactive and keen to join our team!
How to prepare for a job interview at LE010 Antares Global Management Limited
✨Know Your Numbers
As a Reserving Actuary, you'll need to demonstrate your strong analytical skills. Brush up on your knowledge of reserving and actuarial valuation techniques. Be prepared to discuss specific examples from your experience where you've successfully analysed claim trends or conducted quarterly reserving processes.
✨Excel Like a Pro
Since the role requires an experienced user of MS Excel, VBA, and Access/SQL, make sure you can showcase your technical skills. Bring along examples of complex spreadsheets or analyses you've created. If possible, practice explaining your thought process behind these tools in layman's terms to show your communication skills.
✨Team Player Vibes
This position involves coaching junior team members, so be ready to talk about your experience in mentoring or supporting others. Share specific instances where you've taken the initiative to help a colleague or improve a process. Highlight your ability to work independently while still being a supportive team player.
✨Time Management Mastery
With deadlines and prioritisation being key aspects of the role, prepare to discuss how you manage your time effectively. Think of examples where you've successfully juggled multiple tasks or met tight deadlines. This will show your potential employer that you're proactive and can handle the challenges of the job.
