At a Glance
- Tasks: Lead reserving activities and collaborate with finance and underwriting teams.
- Company: Top-tier investment and underwriting organisation in catastrophe reinsurance.
- Benefits: Competitive salary, professional development, and dynamic work environment.
- Why this job: Join a global leader and make an impact in the actuarial field.
- Qualifications: Nearly or newly qualified actuary with strong numerical skills.
- Other info: Opportunity to expand your skills in emerging business areas.
The predicted salary is between 48000 - 72000 £ per year.
Our client is a leading investment and underwriting organisation specialising in catastrophe reinsurance and specialty risk. Their group operates globally with the London-based syndicate management arm overseeing one of the largest catastrophe syndicates in the market. They are seeking a nearly or newly qualified actuary (approx. 2–4 years’ experience) to join their Actuarial & Exposure Management team.
Reserving & Valuation
- Lead quarterly reserving activities, including RITC margins, Solvency II technical provisions, and monthly roll‑forwards
- Present results to the Reserving Committee
- Perform valuation duties for the Specialty fund
- Troubleshoot/debug SQL‑based reserving and calculation engine scripts
- Collaborate with Finance to align financial and actuarial results
- Partner with Claims and Underwriting to understand deal performance
- Work closely with valuation teams across the wider group
- Assist in reserve risk parameterisation and review
- Support auditors and SAO actuaries
- Conduct the triennial internal audit review of reserving processes
- Provide performance insights to the Syndicate Management Committee
- Build self‑serve dashboards to enhance business visibility
- Assist with renewal discussions and pricing parameterisation
Other Responsibilities
- Contribute to pricing, capital modelling, and other analytical functions as needed
- Expand your remit across new and emerging business areas
Skills Required
- Nearly or newly qualified actuary (approx. 2–4 years’ experience)
- Strong academic background (numerical degree, minimum 2:1 or equivalent)
- Advanced Excel skills; some coding/debugging experience
- Preferably some reserving experience
- Desirable: SQL and Power Query experience
- Willingness to develop skills in Power BI and R or Python
- Ability to work from the London office most days
Please note that due to the high volume of applicants responding to our adverts we are regrettably not able to feedback on all applications; only successful candidates will be contacted.
Reserving & Portfolio Analytics Actuary employer: Meredith Brown Associates Ltd
Contact Detail:
Meredith Brown Associates Ltd Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reserving & Portfolio Analytics Actuary
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who work in reinsurance or have experience with reserving. A friendly chat can lead to insider info about job openings that aren't even advertised yet.
✨Tip Number 2
Get your hands dirty with SQL and Power BI! If you haven't already, brush up on these skills. They’re super relevant for the role and showing off your coding chops can really set you apart during interviews.
✨Tip Number 3
Prepare for those tricky interview questions! Think about how you’d explain complex actuarial concepts to non-actuaries. Practising this will help you shine when discussing your valuation duties and collaboration with finance.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Plus, it’s a great way to ensure your application gets the attention it deserves. Don’t miss out on this opportunity!
We think you need these skills to ace Reserving & Portfolio Analytics Actuary
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reserving & Portfolio Analytics Actuary role. Highlight your relevant experience, especially any work with reserving, SQL, or actuarial tasks. We want to see how your skills match 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 passionate about this role and how your background makes you a great fit. Don’t forget to mention any specific projects or experiences that relate to the job description.
Show Off Your Skills: We love seeing candidates who can demonstrate their technical skills. If you've got advanced Excel skills or experience with SQL, make sure to showcase these in your application. It’s all about proving you can hit the ground running!
Apply Through Our Website: To make sure your application gets the attention it deserves, apply directly through our website. This way, we can easily track your application and get back to you if you're a good fit. We can't wait to hear from you!
How to prepare for a job interview at Meredith Brown Associates Ltd
✨Know Your Numbers
As a nearly or newly qualified actuary, it's crucial to brush up on your technical knowledge. Be prepared to discuss key concepts like Solvency II technical provisions and RITC margins. Familiarise yourself with recent trends in catastrophe reinsurance to show you’re not just book-smart but also industry-savvy.
✨SQL Skills Are Key
Since troubleshooting SQL-based reserving scripts is part of the role, make sure you can confidently talk about your experience with SQL. If you’ve worked on any projects involving SQL or debugging, be ready to share specific examples that highlight your problem-solving skills.
✨Collaboration is Crucial
This role involves working closely with Finance, Claims, and Underwriting teams. Prepare to discuss how you've successfully collaborated in past roles. Think of examples where your teamwork led to improved outcomes, especially in areas like deal performance or reserve risk parameterisation.
✨Show Your Analytical Side
The job requires contributing to pricing and capital modelling, so be ready to demonstrate your analytical skills. Bring along any dashboards or analytical tools you've created, especially if they enhance business visibility. This will show your proactive approach and ability to add value to the team.