Corporate Reserving Actuary

Arthur; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A global insurer is seeking a nearly/newly qualified actuary to join their international team in London. The role involves contributing to the quarterly reserving process, assisting with data quality checks, and preparing reserve materials for key stakeholders. Candidates should have at least 4 years of experience in reserving, strong IT skills, excellent communication abilities, and the capability to thrive in a fast-paced environment. This is an excellent opportunity to become part of a dynamic team.

Qualifications

• Nearly/newly qualified actuary with at least 4 years of experience.
• Strong exposure to reserving required.
• Excellent written and oral communication skills.

Responsibilities

• Contribute to the quarterly reserving process.
• Support ACE team queries and liaise with claims teams.
• Lead production and distribution of insights to management.

Skills

Strong IT skills

Interpersonal skills

Proficiency in MS Office Products

Programming experience

Education

Qualified actuary

Job description

Arthur is delighted to be supporting a global insurer who are seeking a nearly/newly qualified actuary to join their international team. The role will report to the head of reserving and will work closely with UK and US reserving teams and offers the opportunity to assist with the quarterly reserving process and support with the maintenance of the in-house reserving platform.

Responsibilities

• Contribute to running the quarterly reserving process including data quality checks, peer review of IBNR selections.
• Be a key member of Cat Reserving process, supporting ACE team queries, and liaising with claims and ceded teams.
• Preparation of reserve materials and outputs provided to key stakeholders, which includes the CFO Reserve Meeting materials and Group Res-Com.
• Lead MI production and distribution of insights to management teams.
• Suggest and help to implement improvements to the platform.
• Liaise with wider group initiatives to improve data quality.
• Contribute towards developing automation capabilities and exploring the use of AI and other newly emerging techniques to deliver cutting edge reserving solutions.

Experience

• A nearly/newly qualified actuary with at least 4 years experience, preferably with strong exposure to reserving.
• Strong IT skills are required, including proficiency with the usual MS Office Products and some programming experience would be beneficial.
• Excellent interpersonal, written and oral communications skills, including a proven ability to build relationships with senior management and underwriting teams.
• The candidate must be well organised, with the ability to thrive in a fast paced environment and consistently meet deadlines without compromising quality.