At a Glance
- Tasks: Lead the actuarial reporting team and manage day-to-day workflows.
- Company: Join a leading insurance firm with a dynamic hybrid work culture.
- Benefits: Competitive salary, flexible working, and opportunities for professional growth.
- Why this job: Make a real impact in the insurance industry while developing your leadership skills.
- Qualifications: Actuarial experience in Lloyd's Market and team management skills required.
- Other info: Collaborative environment with strong career advancement potential.
The predicted salary is between 36000 - 60000 £ per year.
Our client is looking for a Reporting Manager to join their team on a full-time basis in their London Office with hybrid working. They are looking for someone to manage the day-to-day workflow and development of the actuarial reporting team and communicate results and key issues to senior management / key stakeholders. You will develop reporting infrastructure and MI to meet the increasing demands from the business and deliver process automation to support the accelerated reporting timetables. You will lead the actuarial reporting processes for the syndicate, including existing Lloyd’s and company reporting, Solvency II / UK and actuarial IFRS17 processes.
Responsibilities:
- Lead the actuarial delivery of Lloyd’s reporting processes (including Solvency UK), ensuring that results are produced to a high standard delivered in line with the Lloyd’s reporting timetable.
- Manage the actuarial delivery of reporting processes ensuring that results are produced in line with the business requirements and reporting timetable.
- Document and present key results to senior management for challenge and sign-off.
- Manage the IFRS17 actuarial data submissions as required for company reporting, ensuring that these are prepared on time and to a sufficient data quality, with data validations completed.
- Manage the review and validation of actuarial items on the IFRS17 balance sheet and P&L.
- Present results to both Local and business wide stakeholders, including analysis of change of key actuarial topics (e.g. loss component).
- Review the reporting work performed by line reports and other colleagues involved in the reporting process.
- Manage the day-to-day workflow of actuarial reporting staff, overseeing their training needs, both on-the-job development and specific training.
- Build strong relationships with other teams outside of Actuarial to build confidence in the actuarial deliverables, share knowledge, and contribute to a joined-up approach.
- Monitor data quality across the reporting process, including topics such as fast-close data, and elevate key points to the business for discussion and resolution.
Knowledge and Skills:
- Proven actuarial experience in the Lloyd's Market, ideally including knowledge of reporting under IFRS17 and Solvency II / UK.
- In depth knowledge and understanding of the underlying principles of general insurance.
- Experience of leading a small to medium sized team (junior and experienced staff) and managing multiple concurrent work strands within a time-pressured environment.
- Experience of liaising with external regulators, auditors and senior management / stakeholders, to address queries and resolve any issues arising.
- In depth knowledge, understanding and practical experience in using a range of actuarial modelling techniques and applications for financial reporting.
If you are interested in this opportunity, please apply with your updated CV.
Reporting Actuary Manager in England employer: The Emerald Group Ltd, Search and Selection
Contact Detail:
The Emerald Group Ltd, Search and Selection Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Reporting Actuary Manager in England
✨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and actuarial fields. Attend industry events or webinars, and don’t be shy about introducing yourself. You never know who might have the inside scoop on job openings!
✨Tip Number 2
Prepare for interviews by practising common questions related to reporting and actuarial processes. Think about how you can showcase your experience with IFRS17 and Solvency II. We recommend doing mock interviews with friends or using online platforms to get comfortable.
✨Tip Number 3
Showcase your leadership skills! Be ready to discuss how you've managed teams and workflows in previous roles. Highlight specific examples where you’ve improved processes or mentored junior staff – this will set you apart from other 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 love seeing candidates who are proactive about their job search. So, get that CV polished and hit 'apply'!
We think you need these skills to ace Reporting Actuary Manager in England
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Reporting Actuary Manager role. Highlight your experience in Lloyd's Market and any relevant reporting under IFRS17 and Solvency II. We want to see how your skills match what we're looking for!
Showcase Your Leadership Skills: Since this role involves managing a team, don’t forget to showcase your leadership experience. Talk about how you've led teams in the past and how you’ve managed multiple projects under pressure. We love seeing strong leaders!
Be Clear and Concise: When writing your application, keep it clear and concise. Use bullet points where possible to make it easy for us to read. We appreciate straightforward communication, especially when it comes to complex topics like actuarial reporting.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It helps us keep track of applications and ensures you’re considered for the role. Don’t miss out on this opportunity!
How to prepare for a job interview at The Emerald Group Ltd, Search and Selection
✨Know Your Numbers
As a Reporting Actuary Manager, you'll need to be comfortable with data and reporting metrics. Brush up on your knowledge of IFRS17 and Solvency II regulations. Be ready to discuss how you've used these frameworks in past roles and how they can apply to the company's needs.
✨Showcase Leadership Skills
You'll be managing a team, so it's crucial to demonstrate your leadership abilities. Prepare examples of how you've successfully led teams in high-pressure environments, managed workflows, and developed staff. Highlight any training initiatives you've implemented to enhance team performance.
✨Build Relationships
This role requires strong collaboration with various stakeholders. Think about times when you've built relationships outside your immediate team. Be prepared to discuss how you’ve communicated complex actuarial concepts to non-actuarial colleagues and how you’ve fostered a collaborative environment.
✨Prepare for Scenario Questions
Expect scenario-based questions that assess your problem-solving skills. Practice articulating your thought process when faced with challenges like data quality issues or tight reporting deadlines. Use the STAR method (Situation, Task, Action, Result) to structure your responses effectively.