Actuarial Manager

Ageas UK; London; Hybrid; GBP 53,000 - 101,000; Full time

Job summary

Join Ageas UK as an Actuarial Manager in a pivotal role within the Actuarial Department. You will lead a dynamic team focused on reserving, support business decisions, and modernise processes through innovative projects. Ideal candidates will possess a strong background in general insurance and actuarial principles while fostering a collaborative work environment.

Benefits

Flexible Working

Dental Insurance

Health Cash Plan

Bonus schemes

Pension schemes

Minimum 35 days holiday

Qualifications

• Extensive knowledge of general insurance and actuarial principles.
• Experience presenting technical reports to non-actuarial stakeholders.
• Proven track record in project management and team leadership.

Responsibilities

• Oversee quarterly and monthly reserve reviews and prepare reports.
• Support department transformation projects.
• Lead claims analysis and communicate results effectively.

Skills

Project management

Problem-solving

Communication

Mentoring

General insurance knowledge

Tools

Python

Job description

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Job Title: Actuarial Manager

Contract Type: Permanent, Part Time, Full Time, Job Share option available

Salary Range: £53,600 - £100,800

Location: London/Eastleigh - Hybrid

Closing Date: Tuesday 1st July

Actuarial Manager

The Ageas UK Actuarial Department is looking to hire an experienced GI Reserving Actuary to play a key role in the Reserving Team. The team is starting exciting transformation projects to modernise our processes. The role is ideal for someone who enjoys working with people and managing projects. An interest in coding, particularly developing processes in Python, is preferable.

The team is responsible for Reserving, forecasting performance, and providing insights to stakeholders to support business decisions. They are crucial for understanding performance amid changing market conditions. If you enjoy analyzing claims drivers and explaining them to the business, and prefer varied daily tasks, this role might suit you.

The candidate will work with colleagues across the business, assisting Senior Actuarial Managers and the Chief Actuary. Proven experience in preparing and presenting actuarial analyses to stakeholders is essential.

Main Responsibilities:

• Oversee quarterly and monthly reserve reviews, prepare detailed reports, and conduct claims-related analyses.
• Support department transformation projects and strategic priorities.
• Lead claims analysis to generate insights and communicate results effectively.
• Review team members' work and facilitate clear communication of findings.
• Potential for line management of analysts, providing feedback and supporting staff development.

Skills & Experience Required:

• Extensive knowledge of general insurance and actuarial principles, including reserving and pricing.
• Proactive project management skills, including delegation and prioritisation.
• Strong problem-solving skills and ability to work autonomously as a confident self-starter.
• Excellent communication skills, with experience in presenting technical reports to non-actuarial stakeholders.
• Effective management and mentoring abilities, leading by example and managing performance.

Benefits at Ageas:

We offer a wide range of benefits supporting you and your family, contributing to our Top Employer status in the UK.

• Flexible Working: Smart Working options, part-time, and job-sharing roles, with a minimum of 35 days holiday (including bank holidays). You can buy or sell holiday days.
• Health Support: Dental Insurance, Health Cash Plan, Screenings, Will Writing, Critical Illness Cover, Mental Health Support, Well-being activities like yoga and mindfulness.
• Financial Support: Bonus schemes, salary reviews, pension schemes, savings plans, employee loans.
• Work Environment: Well-being activities, sports and social events.
• Family Support: Maternity/paternity leave, parental leave entitlements.
• Additional Benefits: Partner life assurance, critical illness cover, transportation schemes, tech discounts, return-to-work programs.