Reserving Actuary in City of London

Reserving Actuary in City of London

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

  • Tasks: Lead actuarial support and assess best estimate reserves across diverse portfolios.
  • Company: Join a global reinsurer with a focus on innovation and technology.
  • Benefits: Exceptional career opportunity with potential for growth and development.
  • Why this job: Drive transformation in reserving processes and make a significant impact.
  • Qualifications: Qualified Reserving Actuary with strong report-writing and IT skills.
  • Other info: Experience with standard reserving software and Python is a plus.

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

Are you a qualified Reserving Actuary with demonstrable reserving experience, looking to join a global reinsurer? Then look no further because Star Actuarial is representing the ideal role for you.

Taking responsibility for providing actuarial support across the business, you will lead the assessment of the Groups best estimate reserves across a range of portfolios with varying underlying liabilities. You will also play a key role in the reporting of the Groups financial results to the wider business, including the Group Reserving Committee, Executive Management Team and Board.

Alongside performing detailed portfolio reserving reviews, you will be instrumental in driving the implementation of a technology-driven transformation of reserving and reporting processes over the next year.

With strong report-writing and communication skills, the successful candidate will possess strong commercial awareness coupled with excellent IT skills including a high proficiency in Excel. Experience with standard reserving softwares (e.g. ResQ) is required while Python experience (alongside Lloyds or London market experience) is desirable but not essential.

An exceptional career opportunity.

Reserving Actuary in City of London employer: STAR ACTUARIAL FUTURES LIMITED

At Star Actuarial, we pride ourselves on being an exceptional employer that fosters a collaborative and innovative work culture. As a Reserving Actuary, you will benefit from extensive professional development opportunities, a supportive team environment, and the chance to lead transformative projects within a global reinsurer. Our commitment to employee growth and well-being, combined with our strategic location, makes us an attractive choice for those seeking meaningful and rewarding careers in the actuarial field.
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Contact Detail:

STAR ACTUARIAL FUTURES LIMITED Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Actuary in City of London

✨Tip Number 1

Network like a pro! Reach out to fellow actuaries and industry professionals on LinkedIn. Join relevant groups and engage in discussions to get your name out there. You never know who might have the inside scoop on job openings!

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills and understanding the latest trends in reserving. Practice common actuarial interview questions and be ready to showcase your experience with software like ResQ and Excel.

✨Tip Number 3

Don’t just apply anywhere; focus on companies that align with your career goals. Use our website to find roles that excite you, and tailor your approach to each company’s culture and values.

✨Tip Number 4

Follow up after interviews! A quick thank-you email can go a long way in leaving a positive impression. It shows your enthusiasm for the role and keeps you fresh in their minds as they make their decision.

We think you need these skills to ace Reserving Actuary in City of London

Reserving Experience
Actuarial Support
Best Estimate Reserves Assessment
Financial Reporting
Portfolio Reserving Reviews
Technology-Driven Transformation
Report-Writing Skills
Communication Skills
Commercial Awareness
IT Skills
Excel Proficiency
Standard Reserving Software (e.g. ResQ)
Python Experience
Lloyds or London Market Experience

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your reserving experience and any relevant skills that match the job description. We want to see how your background aligns with the role of a Reserving Actuary, so don’t hold back on showcasing your achievements!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this role. We love seeing enthusiasm and a clear understanding of the responsibilities, so make sure to connect your experience with what we’re looking for.

Showcase Your Technical Skills: Since strong IT skills are essential, be sure to mention your proficiency in Excel and any experience with reserving software like ResQ. If you’ve dabbled in Python or have knowledge of the Lloyds or London market, let us know!

Apply Through Our Website: We encourage you to apply directly through our website. It’s the easiest way for us to receive your application and ensures you’re considered for this exciting opportunity. Don’t miss out on joining our team!

How to prepare for a job interview at STAR ACTUARIAL FUTURES LIMITED

✨Know Your Numbers

As a Reserving Actuary, you’ll need to demonstrate your expertise in assessing best estimate reserves. Brush up on your technical knowledge and be ready to discuss specific examples of your past reserving experience. Prepare to explain your approach to portfolio reviews and how you've contributed to financial reporting.

✨Showcase Your Tech Savvy

With the role focusing on technology-driven transformation, it’s crucial to highlight your IT skills. Be prepared to discuss your proficiency in Excel and any experience with reserving software like ResQ. If you have any exposure to Python, even if it's minimal, mention it as it could set you apart from other candidates.

✨Communicate Clearly

Strong report-writing and communication skills are essential for this position. Practice articulating complex actuarial concepts in a clear and concise manner. You might be asked to explain your findings to non-technical stakeholders, so think about how you can make your insights accessible to everyone.

✨Understand the Business Context

Demonstrating commercial awareness is key. Research the company and its market position, especially within the reinsurance sector. Be ready to discuss how your work as a Reserving Actuary can impact the wider business and contribute to strategic goals, particularly in relation to the Group Reserving Committee and Executive Management Team.

Reserving Actuary in City of London
STAR ACTUARIAL FUTURES LIMITED
Location: City of London

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