Overview
In this Reserving Actuary role at NHBC you will assess and report reserves for a 10-year new home warranty and insurance portfolio. You’ll work with the Head of Reserving to provide insights that inform senior decision-making across the business, influencing planning, pricing, capital modelling and reinsurance. The position offers technical challenges, opportunities to improve reserving processes, and a chance to shape the function while mentoring junior team members. You will engage with cross-functional stakeholders and contribute to risk management and strategic initiatives, within a flexible, growth‑oriented environment.
Pay / Benefits
- 27 days annual leave + bank holidays
- holiday purchase scheme
- enhanced pension scheme (up to 10.5%)
- life assurance
- subsidised private medical insurance
- employee discounts platform
Responsibilities
- Lead quarterly updates of Technical Provisions and provide analyses and recommendations
- Communicate reserving insights to senior stakeholders and committees
- Support regulatory, reinsurance and business planning reporting
- Contribute reserve input to capital modelling, pricing and strategic initiatives
- Plan and deliver the reserving cycle in collaboration with Head of Reserving
- Identify opportunities to improve reserving processes and drive efficiencies
- Build relationships across the business and mentor junior team members
Key requirements
- Qualified Actuary, or equivalent, with several years’ reserving experience in general insurance
- Strong knowledge of actuarial techniques and general insurance environment
- Excellent analytical and problem-solving skills with attention to detail
- Confident communicator with experience presenting to stakeholders at all levels
- Strong prioritisation skills and ability to manage multiple priorities
- Proactive, resilient and innovative approach with willingness to improve processes
- Strong IT and data skills, ideally including SQL and Snowflake
- Experience with Python, R or similar would be desirable
- A relevant degree or equivalent actuarial qualification
- communication
- prioritisation
- problem-solving
- SQL
- Snowflake
- Python
Reserving Actuary in London employer: NHBC
At NHBC, we are proud to be a modern, family-friendly employer located in Lichfield, offering a dynamic work environment that prioritises employee growth and development. With a comprehensive benefits package, including generous leave, enhanced pension schemes, and opportunities for continuous training, we empower our team to thrive while making a meaningful impact in the housebuilding sector. Join us to be part of an inclusive culture that values diversity and supports flexible working arrangements, ensuring you can balance your professional and personal life effectively.
