At a Glance
- Tasks: Support reserve assessments and analyse claims experience in a collaborative team.
- Company: Join a dynamic Lloyd’s MGA with a focus on growth and innovation.
- Benefits: Full actuarial study support, hybrid working, and competitive salary.
- Other info: Fast-paced environment with opportunities for early responsibility and career development.
- Why this job: Gain valuable insights and make impactful contributions across various business areas.
- Qualifications: Part-qualified actuary with UK experience in Pensions, Life Insurance, or Commercial Lines.
The predicted salary is between 35000 - 45000 £ per year.
If you are a part-qualified actuary working in Pensions, Life Insurance or Personal/Commercial Lines (UK experience required), this is a good opportunity to move into the Lloyd’s market. Valayo are partnering with a Lloyd’s MGA looking to hire an Actuarial Analyst into a team focused on Reserving and Analytics, and are open to individuals from non-GI backgrounds.
This role sits within a growing actuarial function where you’ll support the assessment of reserves across multiple lines of business, analyse claims experience and contribute to understanding how performance is evolving across the portfolio. This role goes beyond pure reserving, with exposure to analytics work that helps shape business insight and decision-making.
You will be working closely with senior stakeholders and interacting with teams across underwriting, claims and finance, giving you a well rounded view of how actuarial work connects into the wider business. There is also the opportunity to get involved in improving processes and contributing to how reserving and reporting evolve over time.
The team environment is collaborative and hands-on, making it well suited to someone who wants to take on responsibility early, develop quickly and gain exposure across multiple areas. The business offers a strong overall package including full actuarial study support, hybrid working with 3 days per week in London.
They are open to part-qualified actuaries (1-10 exams) from Pensions, Life or GI backgrounds.
Actuarial Analyst - Move into Lloyd’s (Reserving & Analytics) employer: Valayo
Contact Detail:
Valayo Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst - Move into Lloyd’s (Reserving & Analytics)
✨Tip Number 1
Network like a pro! Reach out to your connections in the actuarial field, especially those who have made similar moves into Lloyd’s. A friendly chat can open doors and give you insights that job descriptions just can’t.
✨Tip Number 2
Prepare for interviews by brushing up on your technical skills and understanding of reserving and analytics. We recommend practising common actuarial scenarios and being ready to discuss how your background can add value to the team.
✨Tip Number 3
Show your enthusiasm for the Lloyd’s market! Research the company and its culture, and be ready to explain why you’re excited about this opportunity. Passion can 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 take the initiative to connect with us directly.
We think you need these skills to ace Actuarial Analyst - Move into Lloyd’s (Reserving & Analytics)
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that are relevant to the Actuarial Analyst role. Highlight any experience in Pensions, Life Insurance, or Personal/Commercial Lines, as this will show us you understand the industry.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're interested in moving into the Lloyd’s market and how your background can contribute to our team. Be genuine and let your personality come through!
Showcase Your Analytical Skills: Since this role involves analytics work, make sure to include examples of how you've used data analysis in your previous roles. We want to see your problem-solving skills and how you can apply them to real-world scenarios.
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’re considered for the role. Plus, it’s super easy to do!
How to prepare for a job interview at Valayo
✨Know Your Numbers
Brush up on your actuarial knowledge, especially around reserving and analytics. Be prepared to discuss specific examples from your experience in Pensions or Life Insurance that demonstrate your analytical skills and understanding of claims experience.
✨Understand the Lloyd’s Market
Familiarise yourself with how the Lloyd’s market operates. Research recent trends and challenges in the industry, as well as how they impact reserving and analytics. This will show your genuine interest and help you engage in meaningful conversations during the interview.
✨Showcase Your Collaborative Spirit
Since the role involves working closely with various teams, be ready to share examples of how you've successfully collaborated in the past. Highlight any experiences where you’ve taken on responsibility and contributed to team success, as this aligns with the collaborative environment they’re looking for.
✨Ask Insightful Questions
Prepare thoughtful questions about the role and the company. Inquire about their approach to improving processes in reserving and reporting, or how they support professional development. This not only shows your enthusiasm but also helps you assess if the company is the right fit for you.