Actuarial Analyst

Ki Insurance; Greater London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A leading insurance company in Greater London is seeking an analytical and detail-oriented individual to join their team. You will assist with the design and maintenance of central reserving tools and produce comprehensive actuarial reports. This role requires collaboration with actuarial, finance, and underwriting teams and includes preparing reserve estimates for regulatory reporting. You will support the Reserving Manager in delivering insightful materials for stakeholders and help enhance data quality and processes. Join a diverse and inclusive environment where you can thrive.

Qualifications

• Detail-oriented and analytical mindset required.
• Ability to produce comprehensive actuarial reports.

Responsibilities

• Assist with the design and maintenance of central reserving tools.
• Support the Reserving Manager in producing formal actuarial reports.
• Collaborate with various teams to gather and validate data inputs.

Job description

What you’ll be doing

• In this role, you'll assist with the design and maintenance of central reserving tools, process and validate reserving data, interpret results, and produce comprehensive actuarial reports.
• You'll work closely with the actuarial department, underwriting, claims, finance, and audit teams, gaining exposure across multiple lines of business while developing your technical skills.
• You'll help prepare and undertake the production of reserving studies, applying robust analytical techniques to calculate best estimate reserves.
• You'll prepare and analyse reserve estimates for regulatory reporting, such as QMA, QMB, and US Trust Funds, ensuring the highest standards of accuracy and clarity.
• You'll support the Reserving Manager in delivering clear, insightful materials for both internal and external stakeholders through the production of formal actuarial reports, including Statements of Actuarial Opinions and Actuarial Function Reporting.
• In addition, you'll collaborate with pricing, underwriting, claims, reinsurance, and finance teams to gather and validate data inputs, contribute to Solvency II and IFRS17 technical provisions work, and assist in refining our processes to improve efficiency, data quality, and controls across our reserving workflows.
• You'll also support internal and external audit processes, including Lloyd's reviews, ensuring our practices remain rigorous and compliant.
• If you're analytical, detail-oriented, and ready to contribute to a dynamic team environment, we encourage you to apply.

About the Company

We welcome everyone wholeheartedly We've got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we'll be respected, valued and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things.

Accessibility We are located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 17, 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction. The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins).

At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That's why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn't something to fear but to seize; that it's full of potential. Not only for our customers but our employees too. We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you're looking for a place to make a real difference read on.