At a Glance
- Tasks: Lead and develop reserving processes while collaborating with global actuarial teams.
- Company: Dynamic insurance firm based in London with a focus on innovation.
- Benefits: Competitive salary, professional development, and opportunities for career advancement.
- Other info: Join a supportive environment with strong growth potential.
- Why this job: Make a real impact in the actuarial field and work with a talented team.
- Qualifications: Degree in Mathematics or Actuarial Science; qualified actuary preferred.
The predicted salary is between 60000 - 70000 £ per year.
Overview
Perform a broad range of actuarial work within the Reserving and Reporting function, with a focus in Reserving, in particular leading on the first lining reserving responsibilities and liaising with the actuarial community working across global teams under GSI4.
- Location: London
- Category: Reserving
- Type: Permanent
Responsibilities
- Investigate, establish and lead the development and implementation of reserving processes and systems for first line reserving of business written on a number of legal entities within the Group.
- Lead the quarterly reserving processes for business by reconciling data sets, analysing and producing reserving results, including reviewing results produced by other members of the team. Liaise with Central Reserving to persuade them to use the results produced, building strong relationships based on the credibility of work undertaken.
- Present the first line reserving reviews to senior management, explaining assumptions and rationale for changes. Present results to other stakeholders such as underwriters and central reserving to provide insight and recommendations on performance related results. This will include liaising with the actuarial community and working across global teams under GSI4.
Qualifications
- University Degree in a quantitative field such as Mathematics, Actuarial Science or Statistics.
- Qualified actuary (FIA or equivalent) or qualified by experience.
- Mathematics of Actuarial Background.
- Good working knowledge of Excel and databases.
- At least five years of relevant actuarial experience.
Reserving Actuary – 29140 employer: The Emerald
As a leading employer in the actuarial field, we offer a dynamic work environment in London that fosters collaboration and innovation. Our commitment to employee growth is evident through comprehensive training programmes and opportunities to engage with global teams, ensuring that you can develop your skills while making a meaningful impact on our reserving processes. Join us to be part of a supportive culture that values your contributions and encourages professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Reserving Actuary – 29140
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We think you need these skills to ace Reserving Actuary – 29140
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to The Emerald.
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Research and Reflect:Before hitting that 'apply' button on The Emerald's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at The Emerald
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with The Emerald.
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✨Show Your Passion for Finance
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✨Network with Industry Professionals
Before your interview, reach out to current or former The Emerald employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
