Junior Reserving Analyst

Fidelis Insurance Group; Greater London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A global specialty insurer is seeking a Junior Reserving Analyst to assist in the reserving function within the Actuarial team. This role involves supporting the quarterly reserving process, validating data, drafting reports, and collaborating closely with various teams. Candidates should possess a degree in a numerical field and exhibit strong analytical and communication skills. The position provides opportunities for professional growth and exposure to actuarial tasks across a diverse range of insurance lines.

Qualifications

• Graduate to 1 year of experience.
• Strong mathematical background with excellent academic results.
• Demonstrated ability to multi-task and manage multiple tasks.

Responsibilities

• Support the reserving function with quarterly reserving processes.
• Assist in the validation and processing of key reserving datasets.
• Help draft presentations and reports for internal stakeholders.
• Support the annual parameterisation exercise and assumption setting analyses.

Skills

Strong intellectual and mathematical acumen

Clear and confident communicator

High attention to detail

Strong critical thinking

Ability to work independently and in a team

Education

Bachelor’s degree in Mathematics, Science, Economics or other numerical degree

Job description

About Us

Fidelis Insurance Group is a global specialty insurance and reinsurance company focused on creating value through strategic capital allocation, expert risk selection and a network of long-term underwriting partnerships. We have built a strong foundation for scale and profitable growth, underpinned by our disciplined approach to risk selection and our financial strength, which is reflected in our insurer financial strength ratings of A from AM Best, A- from S&P and A3 from Moody’s. Our network of underwriting partners and highly diversified portfolio enables us to execute our strategy of proactively navigating market cycles, offering innovative and tailored solutions and capitalizing on favorable risk-reward opportunities. Headquartered in Bermuda with offices in London and Dublin, we seek to further our reputation as a leading global provider of specialty insurance and reinsurance.

The Role

The Junior Reserving Analyst role will assist in all aspects of the reserving function within the Fidelis IG Actuarial team. The role primarily involves assisting in the reserving calculation and communication of claims liabilities across a wide range of insurance and reinsurance lines, including complex and innovative products. This role provides broad exposure to both technical and commercial aspects of actuarial work, combining data analysis, actuarial modelling, and reporting to a diverse range of stakeholders. The successful candidate will work closely with colleagues in Claims, Finance, and Pricing across the Group’s UK, Ireland, and Bermuda offices. The wider Actuarial team operates collaboratively, offering opportunities for development and exposure to other actuarial functions.

Key Accountabilities

• Support the reserving function with quarterly reserving processes.
• Assist in the validation and processing of key reserving datasets.
• Help draft presentations and reports for internal stakeholders.
• Support the annual parameterisation exercise and assumption setting analyses.
• Develop an understanding of Fidelis’ lines of business through collaboration with underwriters, claims teams, and pricing actuaries.
• Support processes related to natural catastrophe and large loss assessments.
• Support process improvement initiatives to enhance overall efficiency and reporting quality.
• Assist with ad hoc actuarial projects as required.
• Expected to begin working toward actuarial qualification (study package on offer).

Skills & Experience

• Bachelor’s degree, preferably in Mathematics, Science, Economics or other numerical degree.
• Graduate to 1 year(s) experience.
• Strong intellectual and mathematical acumen, demonstrated by excellent academic results.
• Clear and confident communicator, both verbal and written.
• High attention to detail with the ability to multi-task and manage multiple tasks.
• Strong critical thinking, ability to interrogate data successfully and provide challenge when required.
• Ability to work effectively both independently and within a team.
• Ability to deliver high quality work within tight deadlines.

Other

Our culture is based on respect and on doing the right thing for our colleagues, customers, investors and the Earth. We actively avoid trading with industries that cause harm to people, the environment and animals. We provide development opportunities to our employees, taking action to advance diversity and inclusion, being environmentally responsible, and volunteering for and supporting charitable activities in our communities and worldwide.

Our culture is defined by our principles. It is the foundation of who we are and the core of everything we do.

• Outperformance: A single-minded focus on underwriting results; agile in the face of opportunity.
• Innovative: We are proud to be different and will analyze every book of business with data driven capability and underwriting flair.
• Inclusive: Our business is about treating people well while doing the right thing. We want a speak-up culture with open communication, irrespective of gender, ethnicity, sexual orientation or background, allowing everyone to be themselves.
• Versatile: We champion individuals for their ideas, encouraging them to operate freely and rewarding them for their output.
• Smart: We focus on productivity not activity.

DIVERSITY, EQUITY AND INCLUSION

Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and Fidelis Insurance Group’ successes. This will be driven by a workforce that embraces Diversity, Equity and Inclusion at every level, in every department across Fidelis Insurance Group.

We welcome applications from all qualified candidates. To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact [e-mail] to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy.

Apply by 29/01/2026

Reference: FIHL00105