Reserving Actuarial Analyst - Projects

Working hours: This role is available on a part-time, job-share or full-time basis.

Salary: Attractive salary depending on experience plus an excellent benefits package.

Location: London, hybrid working.

Closing date for applications: 13 February 2026.

An excellent opportunity has arisen to join the UK Actuarial Reserving Projects team in London as an actuarial analyst. The team is responsible for actuarial projects, performing bespoke reserving analyses, delivering analytics across the UK portfolio and supporting strategic UK reserving initiatives. The role will be involved in developing and automating processes, conducting deep-dives, and partaking in regulatory reporting. Using analytical and mathematical skills, you’ll work alongside some of the most talented actuaries, as well as liaising with other areas of the business, including Pricing, Finance, Claims, and Underwriting.

Many of our employees work flexibly in a variety of different ways, including part-time, flexible hours, job share, an element of working from home or compressed hours. This is because we want the best people for our roles, and we recognise that sometimes those people aren’t available full-time. Please talk to us at interview about the flexibility you may need.

What will you be doing?

• Support the Head of Actuarial Projects in delivering actuarial services to the UK Chief Actuary P&C, Heads of Reserving and other business partners, providing insights into underlying performance and business implications on topics with a moderate to high level of complexity.
• Support in the delivery of new analyses and insights to develop a deep understanding of the UK P&C business model, its underwriting strategy and its interactions with customers.
• Prepare and perform reserve reviews on UK-wide analyses, working closely with UK Reserving teams and ensuring timely delivery and accuracy of bookings and results.
• Support and advise Finance, market-facing business units, and other functions on reserving and strategic projects and business decisions.
• Assist in regulatory queries, specific portfolio reserving analyses and deep dives to support senior management decision making.
• Advance the capabilities of the Reserving team by researching and implementing novel techniques across the team.
• Proactively identify and implement opportunities to design and enhance actuarial processes and tools—boosting efficiency, accuracy, and alignment with best practices.
• Drive continuous improvement in all pieces of work conducted.

What are we looking for?

• Part-Qualified actuary and actively studying for the Actuarial exams.
• A high level of numeracy skills and an analytical approach to work is essential.
• Data management and good programming skills (e.g. SQL, R, VBA) are considered a strong advantage.
• Excellent team-working, communication and interpersonal skills are also required.
• A serious and professional attitude towards compliance of regulatory submissions with an eye for attention to detail in order to support accuracy.
• Enthusiastic and positive can-do attitude.
• Ability to manage competing priorities and driven to deliver to set deadlines.
• Adaptability and flexibility.
• Experience in P&C reserving is preferred for this role.

What will you get in return?

Everyone’s different. That’s why at Zurich, we offer a wide range of employee benefits so our people can choose what fits them and their life. Our benefits provide real flexibility so our people can make considered choices and tailor their benefits throughout the year. Our benefits include 12% defined non-contributory pension scheme, annual company bonus, private medical insurance and the option to buy up to an additional 20 days or sell some of your holiday.

As an inclusive employer we want to ensure that all candidates feel comfortable and are able to perform at their best during the interview. You’ll have the opportunity to let us know of any reasonable adjustment or practical support needed when you apply.

Who we are

At Zurich we aspire to be one of the most responsible and impactful businesses in the world and the best global insurer. Together we’re creating a brighter future for our customers, our people and our planet. With over 55,000 employees in more than 170 countries, you’ll feel the support of being part of a strong and stable company who are a long-standing player in the insurance industry.

We’ve made a promise to each other and every employee; to focus on sustainable impact, to care about each other’s wellbeing, to use our diverse expertise to be curious and optimistic and to develop the skills needed for our future.

If you’re interested in working in a dynamic and challenging environment for a company that recognises and rewards your creativity, initiatives and contributions - then Zurich could be just the place for you. Be part of something great.

Our culture

At Zurich, our sense of community is strong and we’re particularly passionate about diversity and inclusion, which we’ve won numerous awards for. We want our people to bring the whole of themselves to work and ensure everybody is made to feel welcome, regardless of their background, beliefs or culture. We want our employees to reflect the diversity of our customers, and so are committed to treating all of our applicants fairly and with respect, irrespective of their actual or assumed background, disability or any other protected characteristic.

We’ve an environment that places a real importance on our people’s wellbeing from a physical, mental, social and financial perspective. We work with our wellbeing partners and industry experts to provide the best advice and access to a wealth of lifestyle support. We’re also committed to continuous improvement and we offer access to a comprehensive range of training and development opportunities. We’re passionate about supporting employees to help others by getting involved in volunteering, charitable and community activity. Our charitable arm, Zurich Community Trust, is one of the longest-established corporate trusts in the UK. In that time, we’ve awarded grants and volunteered time to deserving causes in the UK valued at over £90 million.

So make a difference. Be challenged. Be inspired. Be supported, Love what you do. Work for us.