Reserving Actuary

Arthur

Posted 11 hours ago, valid for a month

London, Greater London EC2V 7WS, England

Full Time

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Sonic Summary

Arthur is collaborating with a specialty insurance and reinsurance provider seeking a Reserving Actuary to join their team in London.
The role requires 3–5 years of experience in reserving within the London Market or commercial insurance, and candidates should be nearly or fully qualified actuaries.
Responsibilities include performing quarterly reserving, engaging with underwriters and claims teams, and preparing regulatory returns for bodies such as the SEC and PRA.
The position offers a competitive salary, although the exact figure is not specified in the job description.
Candidates must have the right to work in the UK, as visa sponsorship is not available.

Arthur is delighted to be collaborating with a specialty insurance and reinsurance provider who are seeking a Reserving Actuary to join their team. This role offers an opportunity to contribute to reserving analyses, regulatory reporting, and business planning while working closely with underwriting, claims, and finance teams.Responsibilities:

Perform quarterly reserving for various lines of business, including setting and reviewing reserves.
Engage with underwriters and claims teams to discuss reserving assumptions and results.
Present reserving findings to senior management and underwriting teams.
Prepare regulatory returns for bodies such as the SEC, PRA, and Lloyd’s.
Contribute to the development of annual business plans and profitability analysis.
Enhance reserving processes and data management through automation and efficiency improvements.
Support Solvency II, IFRS 17, and other regulatory reporting requirements.

Requirements:

Nearly or fully qualified actuary (FIA, FCAS, or equivalent) or significant progress in exams.
3–5 years of experience in reserving within the London Market, Lloyd’s, or commercial insurance.
Strong understanding of reserving methodologies and regulatory frameworks.
Proficiency in data analysis and modelling tools such as Excel, VBA, SQL, R, Python, or Power BI.
Effective communication skills, with the ability to explain actuarial concepts to non-specialists.
Ability to work independently while collaborating with teams across underwriting, claims, and finance.

Other Details:

This role is based in London, with occasional travel to other office locations as required.
Candidates must have the right to work in the UK; visa sponsorship is not available.

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