Reserving Actuary

Reserving Actuary

Full-Time 80000 - 100000 £ / year (est.) Home office (partial)
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At a Glance

  • Tasks: Evaluate Solvency II provisions and support quarterly reserve reviews.
  • Company: Dynamic actuarial firm based in London with a collaborative environment.
  • Benefits: Competitive salary, flexible working, and opportunities for professional growth.
  • Why this job: Join a leading team and make an impact in the actuarial field.
  • Qualifications: Minimum 3 years reserving experience and programming skills in SQL/Python/Power BI.
  • Other info: Work 3 days a week in the office with excellent career advancement potential.

The predicted salary is between 80000 - 100000 £ per year.

New Reserving role for a newly qualified actuary to cover a broad scope of actuarial functions including the evaluation of Solvency II technical provisions across the International Group.

Location: London

Salary: £80,000 - £100,000

Key Objectives of the role:

  • Supporting quarterly reviews of reserves in P&C business
  • Delivery of Solvency II technical provisions
  • Ad-hoc deep dive portfolio analyses
  • Liaising with other stakeholders

You must have a minimum of 3 years core reserving experience, programming aptitude (SQL/Python/Power BI), commercial awareness and knowledge of industry changes.

Reserving Actuary employer: The Actuary

As a leading employer in the actuarial field, we offer a dynamic work environment in London that fosters professional growth and collaboration. Our commitment to employee development is reflected in our comprehensive training programmes and opportunities for advancement, while our supportive culture encourages innovation and teamwork. With competitive salaries and a flexible working model, we provide an ideal setting for newly qualified actuaries to thrive and make a meaningful impact.
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Contact Detail:

The Actuary Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reserving Actuary

✨Tip Number 1

Network like a pro! Reach out to fellow actuaries or industry professionals on LinkedIn. A friendly chat can lead to insider info about job openings that aren't even advertised yet.

✨Tip Number 2

Prepare for interviews by brushing up on your technical skills. Make sure you can confidently discuss Solvency II provisions and showcase your programming prowess in SQL or Python. We want you to shine!

✨Tip Number 3

Tailor your approach for each application. Research the company and understand their specific needs in the P&C business. This will help you stand out and show them you're the perfect fit for their team.

✨Tip Number 4

Don't forget to apply through our website! It’s the quickest way to get your application in front of the right people. Plus, we love seeing familiar faces from our community!

We think you need these skills to ace Reserving Actuary

Reserving Experience
Solvency II Technical Provisions
Portfolio Analysis
Stakeholder Liaison
Programming Aptitude
SQL
Python
Power BI
Commercial Awareness
Knowledge of Industry Changes

Some tips for your application 🫡

Tailor Your CV: Make sure your CV highlights your core reserving experience and programming skills. We want to see how your background aligns with the key objectives of the role, 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 the Reserving Actuary role. Mention your commercial awareness and any relevant industry changes you've navigated.

Showcase Your Technical Skills: Since programming aptitude is key, be sure to include specific examples of how you've used SQL, Python, or Power BI in your previous roles. We love seeing practical applications of your skills!

Apply Through Our Website: We encourage you to apply directly through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any updates!

How to prepare for a job interview at The Actuary

✨Know Your Numbers

As a Reserving Actuary, you'll need to be comfortable with technical provisions and reserves. Brush up on your knowledge of Solvency II and be ready to discuss how you’ve applied this in previous roles. Use specific examples to demonstrate your expertise.

✨Show Off Your Programming Skills

Since programming aptitude is key for this role, make sure you can talk confidently about your experience with SQL, Python, or Power BI. Prepare to discuss any projects where you've used these skills to solve problems or improve processes.

✨Understand the Business Landscape

Commercial awareness is crucial, so do your homework on the current trends and changes in the insurance industry. Be prepared to discuss how these factors might impact reserving and how you can contribute to the company's success.

✨Engage with Stakeholders

This role involves liaising with various stakeholders, so think about how you’ve successfully communicated complex actuarial concepts in the past. Prepare examples that showcase your ability to collaborate and influence others effectively.

Reserving Actuary
The Actuary
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