Actuarial Reporting Consultant

Intact Insurance UK; Greater London; Hybrid; GBP 55,000 - 75,000; Full time

Job summary

A leading insurance company in London is seeking an Actuarial Reporting Consultant for a 12-month fixed-term contract. The successful candidate will enhance reporting for regulatory and statutory compliance, requiring experience in General Commercial Insurance and actuarial qualifications. This role includes collaboration across teams to ensure report accuracy and compliance. The position offers a supportive work environment with opportunities for career development and flexible working options.

Benefits

Annual discretionary bonus

Up to 11% pension contributions

Hybrid working + flexible hours

25 days annual leave + bank holidays

Health & wellbeing + virtual GP

Career development and mentoring

Inclusive culture + employee networks

Share investment options

Qualifications

• Experience in actuarial reporting processes.
• Ability to explain P&L and balance sheet impacts.
• Experience with Solvency II technical provisions and IFRS17 requirements.

Responsibilities

• Enhance reporting for regulatory and statutory purposes.
• Ensure compliance with external standards and internal policies.
• Coordinate with Finance and Actuarial Operational teams.

Skills

Experience within General Commercial Insurance ideally within Specialty Lines

Experience covering Regulatory and Statutory reporting

Good understanding of business area and industry hot topics

Credibility to operate in support of UK Actuarial leaders

Relationship and trust building with senior actuarial colleagues

Education

Appropriate actuarial training and qualification

Job description

Actuarial Reporting Consultant

Job reference:UK003131

Location:London

Business area:Pricing & Actuarial

Intact Insurance is the new name for RSA in the UK, Ireland, and across Europe. It’s a new name and a new way to do business. Backed by global expertise and a commitment to service that feels different, we’re focused on making insurance simpler, faster, and more responsive.

Shape the future

We’re leading a transformation in insurance helping people, businesses and society prosper in good times and be resilient in bad times. When you join us, you’re not just taking a job, you’re stepping into a career where you can make a real difference.

Grow with us

We’re customer-driven, community-focused, and committed to helping our people grow. Whether you’re early in your journey or bringing years of experience, we’ll support you with the tools, flexibility, and opportunities to thrive.

Win as a Team

We are currently recruiting for a Project - Actuarial Reporting Consultant to join our Corporate Actuarial team on a 12 month Fixed Term Contract.

You’ll make an impact by:

The key purpose of this fixed term role is to enhance reporting as part of a project covering regulatory and statutory reporting. This will involve preparing, analysing, calculating, validating and reporting on Solvency II/UK, IFRS17 and wider reporting of our reserves and technical provisions.

• Contribute to enhancement of quarterly and annual deliverables as part of a project. Support the Actuarial Manager in ensuring that the SII/UK, IFRS17 and reporting meet the required external standards and internal policies and are booked accordingly with the relevant controls completed. Responsible for explaining P&L and balance sheet impacts of this work.
• Solvency II technical provision data, assumptions, and calculations, for example: payment patterns, discounting, ENIDs, risk margin, reinsurance default, contract boundaries, reinsurance treaty costs, investment expenses, premium provisions, BBNI.
• Many IFRS17 items will be consistent to those for SII/UK (e.g. ENIDs, payment patterns), but there are other IFRS17 specific requirements under the accountability of this team such as: discounting and split between build/unwind/MYA, PAA eligibility tests, onerous contracts, risk adjustment, IFRS17 finance reconciliations, IFRS17 reporting, GMM requirements
• Interacting with the Actuarial Operational team to ensure data, system and process needs are appropriate to support our products.
• Liaising with Finance to ensure alignment on SII/UK and IFRS17 Finance processes and aspects such as future premiums, receivables, expenses, DAC.
• Reporting such as IFRS-SII bridges, Solvency II/UK QRTs, linking in with Finance on IFRS17 disclosures.
• Close co-operation and co-ordination with reserve review teams to ensure well-rounded and coherent outputs is essential.

Your skills and experience:

To be successful in your role you will need:

• Experience within General Commercial Insurance ideally within Specialty Lines
• Experience covering Regulatory and Statutory reporting
• Appropriate actuarial training, qualification and experience commensurate to the expectations set out above.
• The job holder should possess a good understanding of the business area they are responsible for and wider industry hot topics.
• Credibility to operate in support of the UK Actuarial leaders, work as part of an effective team, and to drive continuous improvement.
• Relationship and trust building with senior actuarial colleagues and the business is paramount

Why You’ll Love It Here

Being part of our team means you’ll have the support and freedom to bring your best self to work each day. As a permanent member, here’s what you can look forward to • Annual discretionary bonus • Up to 11% pension contributions • Hybrid working + flexible hours (delete if not applicable to role) • 25 days annual leave + bank holidays + buy/sell options • Health & wellbeing + virtual GP • Career development and mentoring • Inclusive culture + employee networks • Share investment options

Our DEI Commitment

We celebrate individuality and believe our differences make us stronger. We’re proud to foster a culture where everyone feels respected, valued, and empowered to thrive.

As an Equal Opportunity and Disability Confident Employer, we ensure fair consideration for all applicants and offer interviews to all disabled candidates who meet the essential criteria.

We understand that everyone’s circumstances are different and are happy to explore flexible working options such as reduced hours or job shares to support work–life balance.

If you meet the core criteria but not every requirement, we’d still love to hear from you. Let’s explore how this role could support your next career step. If you need adjustments during the recruitment process, just let us know we’re here to support you.