360 Reserving Actuary

360 Reserving Actuary

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

  • Tasks: Lead the quarterly reserving cycle and deliver insights to senior management.
  • Company: Join a leading Lloyd's syndicate with a focus on innovation.
  • Benefits: Gain exposure at group level and influence key decisions.
  • Why this job: Shape the future of reserving in a fast-paced environment.
  • Qualifications: Nearly qualified or qualified actuary with strong analytical skills.
  • Other info: Opportunity to innovate and modernise reserving processes.

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

We've partnered with a leading Lloyd's syndicate to find them a Reserving Actuary for their high-profile, central reserving team. This is a fantastic opportunity for a nearly qualified or qualified actuary to gain exposure at group level, influence senior stakeholders, and work on genuinely forward-thinking reserving initiatives.

Why this role stands out

You'll sit at the heart of the reserving process, combining technical judgement, stakeholder interaction and innovation in a fast-paced Lloyd's environment.

Key Responsibilities

  • Own the quarterly reserving cycle at a corporate level, shaping IBNR selections and delivering insight directly to senior management and committees.
  • Drive catastrophe and group-wide analytical work, partnering with claims, underwriting and reinsurance teams to influence key reserving decisions.
  • Innovate and modernise reserving processes, improving platforms, automation and exploring advanced analytics and emerging techniques.

For more information please apply.

360 Reserving Actuary employer: The Actuary

As a leading Lloyd's syndicate, we pride ourselves on fostering a dynamic and inclusive work culture that empowers our employees to thrive. With a strong focus on professional development, we offer numerous growth opportunities for actuaries to enhance their skills and influence key decisions at the corporate level. Join us in a fast-paced environment where innovation is encouraged, and your contributions directly impact the future of our reserving initiatives.
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Contact Detail:

The Actuary Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land 360 Reserving Actuary

✨Tip Number 1

Network like a pro! Reach out to your connections in the industry, especially those who work at Lloyd's or similar firms. A friendly chat can lead to insider info about job openings and even referrals.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills and understanding the latest trends in reserving. We want you to impress with your knowledge of IBNR selections and analytical techniques!

✨Tip Number 3

Showcase your innovation! When discussing your experience, highlight any projects where you've modernised processes or used advanced analytics. This will resonate well with employers looking for forward-thinking candidates.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we’re always on the lookout for talented actuaries like you to join our network.

We think you need these skills to ace 360 Reserving Actuary

Reserving Expertise
Stakeholder Management
Technical Judgement
Analytical Skills
Catastrophe Modelling
Collaboration with Claims Teams
Collaboration with Underwriting Teams
Collaboration with Reinsurance Teams
Process Improvement
Automation Skills
Advanced Analytics
Innovation in Reserving Processes
Communication Skills
Influencing Skills

Some tips for your application 🫡

Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Reserving Actuary role. Highlight any relevant projects or responsibilities that showcase your technical judgement and stakeholder interaction.

Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for this position. Mention specific initiatives you've been involved in that demonstrate your ability to innovate and modernise processes, especially in a fast-paced environment.

Showcase Your Analytical Skills: Since this role involves driving analytical work, be sure to include examples of how you've used advanced analytics or emerging techniques in your previous roles. This will help us see your potential impact on our reserving processes.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates regarding your application status.

How to prepare for a job interview at The Actuary

✨Know Your Numbers

As a Reserving Actuary, you'll need to demonstrate your technical expertise. Brush up on key actuarial concepts, especially around IBNR selections and catastrophe modelling. Be ready to discuss how you've applied these in past roles or projects.

✨Engage with Stakeholders

This role involves significant interaction with senior management and various teams. Prepare examples of how you've successfully communicated complex data insights to non-technical stakeholders. Show that you can bridge the gap between technical analysis and business decisions.

✨Showcase Innovation

The job calls for modernising reserving processes. Think about any innovative solutions you've implemented in previous roles, particularly around automation or advanced analytics. Be prepared to discuss how these initiatives improved efficiency or accuracy.

✨Understand the Lloyd's Environment

Familiarise yourself with the unique aspects of working within a Lloyd's syndicate. Research current trends and challenges in the market, and be ready to share your thoughts on how they might impact reserving practices. This shows you're not just technically sound but also industry-aware.

360 Reserving Actuary
The Actuary
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