Actuarial Senior Manager/Actuarial Associate Director

BDO UK LLP; Greater London; Hybrid; GBP 90,000 - 125,000; Full time

Job summary

BDO UK LLP is seeking an Associate Director or Senior Manager to join the Actuarial team within FS Advisory in the UK. You will project manage and develop the team, delivering reserving and Solvency II work while expanding client relationships across non-life insurance.

Strong technical actuarial knowledge and leadership are essential to drive risk advisory, pricing, IFRS17, and data analytics initiatives. You’ll work with senior managers, directors, and partners, shaping solutions and building

Qualifications

• Actuarial qualification and Fellow status with substantial post-qualification experience.
• Strong technical actuarial knowledge and ability to lead teams.
• Open minded, critical thinker with client-facing skills.
• Experience in non-life insurance reserving, Solvency II, IFRS 17, or related areas.
• Proven ability to develop business and manage relationships at all levels.

Responsibilities

• Project manage and develop the actuarial team.
• Deliver reserving, Solvency II work, and related actuarial services.
• Support risk management, IFRS 17, pricing and data science initiatives.
• Build relationships and develop new business with clients.

Skills

Actuarial qualification

IFoA Fellow

Analytical thinker

Non-life reserving

Business development

Tools

IFRS 17

Solvency II

Pricing

Model validation

Data analytics

Job description

Ideas | People | Trust

We’re BDO. An accountancy and business advisory firm, providing the advice and solutions entrepreneurial organisations need to navigate today’s changing world.

We work with the companies that are Britain’s economic engine – ambitious, entrepreneurially-spirited and high growth businesses that fuel the economy - and directly advise the owners and management teams that lead them.

We’ll broaden your horizons

Our Advisory team provide a wide variety of services that deliver value-led advice and outcomes. They have an in-depth knowledge of business, industry sectors and markets and understand the constantly changing risks and opportunities at the heart of our clients’ affairs. The team work across strategy, operations and improvement as well as at a transactional and defined project level. From technology to risk advisory, they’re experts in following through on top-level instructions and resolving the finer details – all in one straight-forward package. When you join them, you’ll work on some of the world's most exciting financial operations and business deals, building your experience and expertise alongside the brightest minds in the industry.

We’ll help you succeed

Leading organisations trust us because of the quality of our advice. That quality grows from a thorough understanding of their business, and that understanding comes from working closely with them and building long-lasting relationships.

You’ll be someone who is both comfortable working pro-actively and managing your own tasks, as well as confident collaborating with others and communicating regularly with senior managers, directors, and BDO’s partners to help businesses effectively. You’ll be encouraged to identify and draw attention to opportunities for enhancing our delivery and providing additional services to organisations we work with.

An Associate Director or Senior Manager to join the Actuarial team within FS Advisory. This team provides advice on a wide range of issues, including assurance services, external and internal audit, corporate governance and risk advisory, regulatory advisory including section 166 skilled person work and portfolio transfers, actuarial loss‑reserving and pricing, taxation, solvency and regulatory compliance, management information systems, litigation support and forensic accounting. You'll project manage and develop existing team in offering a range of actuarial services and tools to a portfolio of clients within the insurance industry. This is expected to primarily include reserving and Solvency II work but is likely to also cover risk management, IFRS 17, pricing and data science.

You'll be someone with

• An Actuarial qualification, ideally Fellow of the Institute and Faculty of Actuaries, with significant post-qualification experience for Senior Manager.
• Strong technical actuarial knowledge.
• Open minded and critical thinker.
• Some experience of at least two of the following in non-life insurance: reserving for accounting purposes; Solvency II Technical Provisions; Solvency II Standard Formula; Capital Modelling. Experience in any of the following would also be beneficial: IFRS 17/ risk management /data analytics/pricing/model validation/statements of actuarial opinion (SAO), mergers and acquisitions.
• Experience in developing business, involvement in supporting activities such as and networking, developing credibility, relationships management and operate effectively with all levels of client

You’ll also be able to be yourself; we’ll recognise and value you for who you are and celebrate and reward your contributions to the business. We’re committed to agile working, and we offer everyone the opportunity to work in ways that suit them, their teams, and the task in hand.

At BDO, we’ll help you achieve your personal goals and career ambitions, and we have programmes, resources, and frameworks that provide clarity and structure around career development.

We’re in it together

Mutual support and respect is one of BDO’s core values and we’re proud of our distinctive, people‑centred culture. From informal success conversations to formal mentoring and coaching, we’ll support you at every stage in your career, whatever your personal and professional needs.

Our agile working framework helps us stay connected, bringing teams together where and when it counts so they can share ideas and help one another. At BDO, you’ll always have access to the people and resources you need to do your best work.

We know that collaboration is the key to creating value for the companies we work with and satisfying experiences for our colleagues, so we’ve invested in state‑of‑the‑art collaboration spaces in our offices. BDO’s people represent a wealth of knowledge and expertise, and we’ll encourage you to build your network, work alongside others, and share your skills and experiences. With a range of multidisciplinary events and dedicated resources, you’ll never stop learning at BDO.

We’re looking forward to the future

At BDO, we help entrepreneurial businesses to succeed, fuelling the UK economy.

Our success is powered by our people, which is why we’re always finding new ways to invest in you. Across the UK thousands of unique minds continue to come together to help companies we work with to achieve their ambitions

We’ve got a clear purpose, and we’re confident in our future, because we’re adapting and evolving to build on our strengths, ensuring we continue to find the right combination of global reach, integrity and expertise. We shape the future together with openness and clarity, because we believe in empowering people to think creatively about how we can do things better.