At a Glance
- Tasks: Lead the oversight of actuarial reserves and collaborate with key stakeholders.
- Company: Join a dynamic Lloyd's managing agency with a focus on innovation.
- Benefits: Competitive salary, hybrid working, and opportunities for professional growth.
- Other info: Engage in a collaborative environment with a mix of home and office work.
- Why this job: Make impactful decisions in a high-profile role with direct access to leadership.
- Qualifications: Qualified actuary with non-life experience in the London Market.
The predicted salary is between 100000 - 120000 £ per year.
North Co Recruitment are working with a Lloyd's managing agency to appoint a Reserving Manager into their actuarial function.
It's a senior, highly visible role with direct line of sight to the actuarial and finance leadership team, offering real input into reserving decisions across the syndicates under management rather than a narrow technical seat far removed from where decisions get made.
What you'll do
- Own day-to-day oversight of actuarial best estimate reserves and Solvency UK Technical Provisions across the syndicates under management.
- Review and challenge reserving results prepared by external providers and outsourced functions, escalating concerns where needed.
- Partner with Underwriting, Claims, Finance and Risk to set and stress-test key reserving assumptions.
- Prepare and present papers for reserving committees and wider governance forums, including Audit, Risk and Board.
- Contribute reserving input to ORSAs and Actuarial Function Reports, helping ensure processes meet Lloyd's, PRA and IFo A requirements.
- Get involved in the reserving side of wider business change, from process improvements to bringing new syndicates on board.
What we're looking for
- Non-Life actuarial experience gained within Lloyd's or the wider London Market.
- Qualified actuary, or no longer progressing with exams, with equivalent experience.
- Strong technical grasp of Solvency UK and GAAP requirements for Technical Provisions.
- Solid understanding of London Market reserving methods and practices.
- A track record of reviewing or challenging actuarial reserving output.
- Comfortable presenting and communicating with senior stakeholders.
- Confidence working across teams and disciplines beyond reserving.
- Hybrid working applies, with a mix of home and office-based collaboration.
If you're looking for a high-profile reserving role with genuine influence over how syndicates are reserved, exposure to senior leadership and a route into a growing managing agency business, we'd be keen to speak.
Salary
£100,000 - £120,000 base, plus discretionary bonus
Location
Hybrid, London Based.
Please note, the client is unable to offer sponsorship for this opportunity.
- For more information or to discuss other opportunities, reach out to
- Tom Parker
- , visit our website or follow our
- Linked In page
Reserving Manager in London employer: North Co Recruitment
Join a dynamic scale-up management consultancy that thrives at the intersection of consulting expertise and innovative SaaS technology. With a collaborative work culture and a focus on employee growth, this role offers you the chance to engage with leading financial institutions while driving impactful transformation programmes. Enjoy competitive compensation, a discretionary bonus, and the flexibility of a hybrid working model in London, making it an excellent opportunity for those seeking meaningful and rewarding employment.
