Reserving Actuary in Slough

Reserving Actuary in Slough

Slough Full-Time 36000 - 60000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Perform reserve analysis and improve actuarial methods in a dynamic global team.
  • Company: SiriusPoint, a leading global insurer and reinsurer with a collaborative culture.
  • Benefits: Empowering environment, diverse team, and opportunities for professional growth.
  • Why this job: Make a real impact in the insurance industry while developing your skills.
  • Qualifications: Qualified or nearly qualified actuary with strong analytical and communication skills.
  • Other info: Join a diverse team committed to integrity, collaboration, and customer focus.

The predicted salary is between 36000 - 60000 £ per year.

SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

SiriusPoint International is looking for an ambitious, business minded, performance focused actuary to carry out reserving activities. You will work as actuary in our Actuarial Reserving team, to perform reporting and analysis of reserves in relation to our regulatory, operational and financial reviews, which include Solvency II, as well as communication of results and reserves to our global teams. The work tasks are challenging and rewarding, and excellent business understanding is key for success.

Your Responsibilities Will Include:

  • Perform reserve, cash flow, and sensitivity analysis for our business processes (including Solvency II technical provisions).
  • Improve, develop, test, and implement actuarial methods for reserve analysis, cash flow calculations, and volatility estimation.
  • Perform profitability and risk analysis for various business purposes.
  • Presenting the results of the actuarial reserve setting process to management.
  • Use and improve our current processes for reporting to our finance team, management, capital modellers, as well as auditors and regulators.
  • Liaising with pricing actuaries, exposure management, claims management and underwriters to ensure reserving Management Information (MI) is kept up-to-date.
  • Improve transparency and efficiency in the team’s reporting and communication processes.
  • Any other duties as reasonable required.

Your Skills And Abilities Should Include:

  • Excellent academic record and degree level qualification.
  • Qualified actuary, or nearly qualified actuary, with a recognised professional actuarial society.
  • Solid General Insurance reserving experience and understanding of the Solvency II regulation is a merit.
  • Interest in data processing and database structure.
  • Working knowledge in tools such as SQL, Power-BI and ResQ is a merit.
  • High ambition in combination with creativity and a strong sense for details.
  • Strong written English communication and presentation skills.
  • Excellent relationship building and interpersonal skills are essential.
  • An urge to learn new things and develop into new roles.
  • Ability to work independently within a multicultural organization.

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make. Our Purpose is to provide security and resilience in an uncertain world. Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers.

Our culture is one of performance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment. Our Values are at the heart of our business, guiding everyday actions and decision making:

  • Integrity: Integrity, respect and trust are our core principles.
  • Customer Focused: Our customers are the reason we exist.
  • Solution Driven: Creating solutions is our mindset.
  • Diversity: Diversity, inclusion and allyship make us stronger.
  • Collaboration: Collaboration drives outperformance.

We are unable to sponsor or take over sponsorship of an employment visa at this time.

Reserving Actuary in Slough employer: SiriusPoint

SiriusPoint is an exceptional employer that fosters a collaborative and inclusive work culture, empowering employees to leverage their expertise from day one. With a strong commitment to diversity and professional growth, the company offers meaningful opportunities for actuaries to engage in challenging projects while contributing to global insurance solutions. Located in Bermuda, employees benefit from a vibrant environment that encourages innovation and teamwork, making it an ideal place for ambitious professionals seeking a rewarding career.
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Contact Detail:

SiriusPoint Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Actuary in Slough

✨Tip Number 1

Network like a pro! Reach out to current or former employees at SiriusPoint on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by brushing up on your technical skills. Make sure you can confidently discuss Solvency II and your experience with reserve analysis. We want to see that you know your stuff!

✨Tip Number 3

Show off your communication skills! During interviews, be clear and concise when presenting your ideas. Remember, you’ll be liaising with various teams, so demonstrating strong interpersonal skills is key.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining our team at SiriusPoint.

We think you need these skills to ace Reserving Actuary in Slough

Actuarial Skills
Reserving Analysis
Solvency II Knowledge
Data Processing
Database Structure Understanding
SQL
Power-BI
ResQ
Communication Skills
Presentation Skills
Interpersonal Skills
Problem-Solving Skills
Attention to Detail
Independence in Work
Multicultural Team Collaboration

Some tips for your application 🫡

Show Off Your Skills: Make sure to highlight your qualifications and experience that align with the Reserving Actuary role. We want to see how your skills can contribute to our team, so don’t hold back!

Tailor Your Application: Take a moment to customise your application for SiriusPoint. Mention specific projects or experiences that relate to our work in insurance and reinsurance. It shows us you’re genuinely interested!

Be Clear and Concise: When writing your application, keep it straightforward. Use clear language and avoid jargon where possible. We appreciate a well-structured application that’s easy to read.

Apply Through Our Website: Don’t forget to submit your application through our website! It’s the best way for us to receive your details and ensures you’re considered for the role. We can’t wait to hear from you!

How to prepare for a job interview at SiriusPoint

✨Know Your Numbers

As a Reserving Actuary, you'll be dealing with complex data and calculations. Brush up on your knowledge of Solvency II regulations and be prepared to discuss how you would approach reserve analysis. Familiarise yourself with the tools mentioned in the job description, like SQL and Power-BI, so you can confidently talk about your experience with them.

✨Showcase Your Communication Skills

You'll need to present your findings to management and collaborate with various teams. Practice explaining complex actuarial concepts in simple terms. Think of examples where you've successfully communicated results or worked with cross-functional teams, as this will demonstrate your interpersonal skills and ability to build relationships.

✨Demonstrate Your Problem-Solving Mindset

SiriusPoint values solution-driven individuals. Prepare to discuss specific challenges you've faced in previous roles and how you approached solving them. Highlight any innovative methods you've developed for reserve analysis or process improvements, as this shows your ambition and creativity.

✨Align with Company Values

Familiarise yourself with SiriusPoint's core values: Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration. Be ready to share how your personal values align with theirs and provide examples of how you've embodied these principles in your work. This will show that you're not just a fit for the role, but also for the company culture.

Reserving Actuary in Slough
SiriusPoint
Location: Slough

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