At a Glance
- Tasks: Drive reserving processes and improve actuarial functions with minimal supervision.
- Company: Join a growing Lloyd's managing agency with a dynamic team.
- Benefits: Gain significant ownership, visibility, and exposure in your role.
- Other info: Work in London with a flexible office schedule, just 2 days a week.
- Why this job: Accelerate your learning and make a real impact in the Lloyd's market.
- Qualifications: Experience in reserving or actuarial roles preferred but not essential.
The predicted salary is between 60000 - 80000 £ per year.
Valayo works with a growing Lloyd’s managing agency searching for an experienced Reserving Actuary (qualification not essential) on a 12‑month FTC basis. This broad role places significant ownership early on. The team is busy; we require someone who can quickly accelerate learning and drive reserving processes with minimal supervision.
Key responsibilities include:
- Quarterly reserving
- SII TPs
- Reserving committee papers and presentations
- Auditor interactions
- SAO support
- Reserving governance
- Focus on process improvement and future‑proofing the actuarial function as the business evolves
The role offers wide exposure: integrating new books of business, building reserving frameworks, working across lines, classes, and geographies.
Location: London (2 days a week in office).
Reserving Actuary - Contract | 2x week in office employer: Valayo
Valayo is an exceptional employer that fosters a dynamic work culture where employees are empowered to take ownership of their roles from day one. With a focus on professional growth and development, the company offers unique opportunities to engage with diverse actuarial processes within the Lloyd's Market, all while enjoying the vibrant atmosphere of London just two days a week in the office.
StudySmarter Expert Advice🤫
We think this is how you could land Reserving Actuary - Contract | 2x week in office
✨Tap into Local Agencies
For temporary roles like the one at Valayo, don't overlook local recruitment agencies that specialise in the insurance sector. They often have inside info on your local market and can help you get your foot in the door quicker!
✨Seasonal Opportunities Are Gold
Insurance companies often ramp up staffing for specific seasons, especially during peak times like annual policy renewals. Keep an eye out for those temporary gigs and be ready to jump in. Make sure you’re on our website regularly to catch those listings!
✨Network with Industry Pros
Join insurance-focused online platforms and forums to connect with professionals who can share insider tips about temporary roles. Attend local industry meetups or workshops to widen your network; sometimes it’s all about who you know!
✨Showcase Your Flexibility
For temp roles, employers are often looking for candidates who can hit the ground running. Highlight any previous experience you have in fast-paced environments on your profile or during interviews, so Valayo knows you can adapt quickly to their needs!
We think you need these skills to ace Reserving Actuary - Contract | 2x week in office
Some tips for your application 🫡
Highlight Relevant Certifications:In the insurance world, having the right qualifications can set you apart. If you've got any certifications like Cert CII or other relevant credentials, make sure they're front and centre on your CV. It shows you're committed to the industry and ready to hit the ground running!
Showcase Your Customer Service Skills:Insurance is all about helping clients through tricky times. Use your application to mention your previous customer service experience or soft skills like problem-solving and empathy. These are crucial for any temporary role in the insurance sector, so don’t shy away from flexing these muscles!
Tailor Your CV for the Temp Role:For a temporary position, it's all about demonstrating your ability to adapt quickly. Tailor your CV to highlight experiences that show you can jump in and make an impact immediately. Mention short projects, freelance gigs, or any fast-paced roles that show you thrive in dynamic environments.
Be Clear About Availability:In your cover letter, clearly state your availability for the temporary role. Since this is a short-term gig, emphasising your flexibility and readiness to start immediately can really catch Valayo's eye. Remember, they need someone who can fit right in, so make it easy for them to see you as that person!
How to prepare for a job interview at Valayo
✨Master the Basics of Underwriting
Since you're aiming for a temporary role in insurance, brush up on the basic principles of underwriting. Be ready to discuss how you would assess risks and make simple decisions on policy issuance, as these are likely to come up in technical questions.
✨Familiarise Yourself with Relevant Regulations
Insurance is heavily regulated, so it helps to be familiar with key regulations that affect the industry. Bring up any specific legislation you're aware of and how it could impact your work at Valayo. This shows you're engaged and knowledgeable.
✨Highlight Your Flexibility
As it's a temporary position, it's crucial to stress your adaptability. Talk about previous experiences where you had to pick up new tasks quickly or adjust to changing needs. Employers will appreciate your willingness to jump in and get the job done without a long onboarding process.
✨Prepare to Discuss Claims Processing
Be ready to dive into discussions around claims processing, as this might be a big part of your role. Bring along examples of how you've approached problem-solving in past roles, especially if you've dealt with customer claims or insurance queries before. It's a great way to show your relevant experience.
