Actuary – Reserving, Capital Modelling & Pricing (Non-Life)

The Shipowners' Club; Greater London; On-site; GBP 60,000 - 95,000; Full time

Job summary

The Shipowners’ Club is seeking a qualified actuary to join our Finance team in the UK. This non-life reserving role offers exposure to capital modelling, pricing, and reinsurance, with ownership of key actuarial outputs.

Newly qualified or experienced actuaries are encouraged to apply and will be supported by senior colleagues. You will drive reserving and capital calculations, collaborate with finance and front-office colleagues, and contribute to regulatory reporting.

Qualifications

• Qualified actuary FIA or equivalent with non-life experience.
• Practical reserving experience including Solvency II and IFRS 17.
• Working knowledge of the Solvency II regulatory framework.
• Strong technical skills with Excel and R.
• Excellent written and verbal communication, able to build relationships across teams.

Responsibilities

• Lead quarterly reserving process with data prep, validation, analysis and reports.
• Prepare quarterly Solvency II and IFRS 17 provisions inputs as required.
• Lead analysis and calculations for annual capital, ORSA, and regulatory returns.
• Support regular and ad-hoc regulatory information requests.
• Review and challenge reserving methods and propose improvements.
• Support development of pricing models and business planning inputs.
• Provide actuarial input to reinsurance renewal and governance information.
• Liaise with internal and external auditors to improve best practice.

Skills

Actuarial analysis

Regulatory knowledge

Communication

Team work

Education

FIA or equivalent

Tools

Excel

R

Job description

The Shipowners’ Club is seeking a qualified actuary to join our Finance team in the UK. This non-life reserving role offers exposure to capital modelling, pricing, and reinsurance, with ownership of key actuarial outputs.

Newly qualified or experienced actuaries are encouraged to apply and will be supported by senior colleagues. You will drive reserving and capital calculations, collaborate with finance and front-office colleagues, and contribute to regulatory reporting.