Lead Reserving Actuary

International Association of Insurance Professionals (IAIP); Greater London; Hybrid; GBP 120,000 - 160,000; Full time

Benefits offered by this job

Hybrid working 2-3 days in London

Competitive salary and benefits

High visibility role

Job summary

The International Association of Insurance Professionals (IAIP) is seeking an experienced reserving actuary to own the reserving function across a diverse portfolio. You will work with underwriting, finance and executive leadership to influence portfolio strategy and business decisions.

This role blends technical reserving, stakeholder management and team leadership, offering high visibility and opportunities to shape governance, reporting and automation within a growing business.

Qualifications

• FIA qualification or equivalent is essential.
• Demonstrated experience in Lloyd's/London Market reserving.
• Ability to lead reserve reviews and present recommendations to senior stakeholders.
• Experience managing projects and mentoring junior actuarial staff.
• Strong regulatory and financial reporting knowledge.

Responsibilities

• Lead the quarterly reserving process across Lloyd's and London Market classes.
• Review reserve analyses, set booking levels, and present results to senior management.
• Own reserving governance, documentation and validation processes.
• Provide reserving insights to underwriting, identifying trends and risks.
• Support regulatory reporting, audits and Solvency UK deliverables.
• Collaborate with Finance on financial reporting and planning.
• Drive continuous improvement and automation in reserving.
• Develop and mentor junior actuarial team members.
• Act as main contact for external auditors and stakeholders.
• Contribute to broader actuarial and strategic projects.

Skills

Stakeholder communication

Leadership

Analytical thinking

Reserving analytics

Education

FIA qualified (or equivalent)

Lloyd's/London Market reserving experience

Job description

This is a high-profile opportunity for an experienced reserving actuary to take ownership of the reserving function across a diverse specialty portfolio. You'll work closely with senior stakeholders across underwriting, finance and executive leadership, providing insight that directly influences business decisions and portfolio strategy.

The role offers a blend of technical reserving work, stakeholder management and team leadership, making it an excellent opportunity for someone looking to further develop their influence within a growing business.

Key Responsibilities

• Lead the quarterly reserving process across multiple Lloyd's and London Market classes.


• Review reserve analyses, recommend appropriate booking levels and present results to senior management.


• Own reserving governance, documentation and validation processes.


• Provide reserving insights to underwriting teams, identifying trends, emerging risks and areas of opportunity.


• Support regulatory reporting, audit requirements and Solvency UK deliverables.


• Partner closely with Finance on financial reporting and business planning activities.


• Drive continuous improvement and automation initiatives within the reserving function.


• Manage and develop more junior actuarial team members.


• Act as a key point of contact for external auditors and other stakeholders.


• Contribute to wider actuarial and strategic projects across the business.

About You

• FIA qualified (or equivalent).


• Strong reserving experience within the Lloyd's and/or London Market.


• Comfortable leading reserve reviews and communicating recommendations to senior stakeholders.


• Experience managing projects and, ideally, mentoring or managing junior actuarial team members.


• Strong understanding of regulatory and financial reporting requirements.


• Commercial mindset with an ability to translate technical findings into actionable business insight.


• Excellent communication and stakeholder management skills.

What's on Offer?

• Genuine opportunity to shape reserving processes and influence business strategy.


• Joining a team with a great internal reputation, and a business with an excellent culture.


• High visibility role.


• Hybrid working model with 2-3 days per week in the London office.


• Competitive salary, bonus and benefits package.