Reserving Actuary — Data-Driven Modelling & Insights

Admiral Group Plc; Cardiff; Hybrid; GBP 60,000 - 85,000; Full time

Benefits offered by this job

33 days holiday including bank

Up to £3,600 of free shares after 1st/

Disability Confident Leader

Job summary

Admiral Group Plc in Cardiff is seeking a Reserving Actuary (nearly or newly qualified) to join the Reserving Team. The role offers hybrid working with flexibility to work from home and a chance to shape reserving processes within a leading UK insurer.

You will own key reserving activity, contribute to projects, and collaborate with senior Finance, Claims, Risk, and Audit teams to ensure robust reserves and timely reporting.

Qualifications

• Proven reserving experience with strong numerical and analytical skills.
• Nearly or newly qualified Actuary with IFoA or equivalent.
• Strong attention to detail and ability to interrogate data.

Responsibilities

• Lead quarterly reserving across Motor, Household and Van including data analysis and reporting to Committees.
• Monitor claims performance and trends with Claims teams to understand developments.
• Review Solvency UK Technical Provisions and IFRS 17 models and outputs.
• Develop and enhance reserving models, tools and processes for continuous improvement.
• Support reserving for new and growing products across the Group.
• Ensure documentation complies with Technical Actuarial Standards.

Skills

Reserving analytics

Numerical analysis

Excel advanced

Stakeholder management

Education

IFoA qualified or near-qualified

Tools

Excel

VBA

SQL

GCP

Job description

Admiral Group Plc in Cardiff is seeking a Reserving Actuary (nearly or newly qualified) to join the Reserving Team. The role offers hybrid working with flexibility to work from home and a chance to shape reserving processes within a leading UK insurer.

You will own key reserving activity, contribute to projects, and collaborate with senior Finance, Claims, Risk, and Audit teams to ensure robust reserves and timely reporting.