Reserving Actuary-Manager

International Association of Insurance Professionals (IAIP); Greater London; Hybrid; GBP 90,000 - 125,000; Full time

Benefits offered by this job

Annual bonus

Flexible working arrangements

Career development opportunities

Job summary

International Association of Insurance Professionals (IAIP) in London seeks an FIA-qualified actuary to lead quarterly reserving reviews for Lloyd's and London Market business. You will produce reserve recommendations for senior management and committees, and collaborate across underwriting, finance and risk to drive accurate, timely analyses.

The role requires strong non-life reserving expertise, excellent communication with diverse stakeholders, and mentoring of junior staff in a fast-paced,

Qualifications

• Strong reserving experience within Lloyd's syndicate, managing agent or London Market insurer.
• Excellent understanding of non-life reserving techniques and regulatory requirements.
• Experience communicating technical findings to actuarial and non-actuarial stakeholders.
• Strong analytical skills with a pragmatic and commercially focused approach.
• Ability to manage multiple priorities and deliver high-quality work in a fast-paced environment.

Responsibilities

• Lead quarterly reserving reviews across Lloyd's and London Market business.
• Produce reserve recommendations and communicate results to senior management and committees.
• Collaborate with underwriting teams to understand portfolio performance and trends.
• Deliver analysis for planning, forecasting and strategic decision-making.
• Contribute to reserve risk parameterisation and capital model processes.
• Support Solvency II, Lloyd's and regulatory reporting requirements.
• Drive improvements in reserving methodologies, processes and governance.
• Mentor junior actuarial team members and support their development.
• Collaborate with Finance, Claims, Risk and Underwriting teams.

Skills

Reserving expertise

Non-life reserving

Analytical thinking

Stakeholder communication

Multi-priority management

Mentoring

Education

FIA qualified actuary

Job description

The Role

• Lead quarterly reserving reviews across a diverse portfolio of Lloyd's and London Market business.
• Produce reserve recommendations and communicate results to senior management and reserving committees.
• Work closely with underwriting teams to understand portfolio performance, emerging trends and claims developments.
• Deliver analysis to support business planning, forecasting and strategic decision-making.
• Contribute to reserve risk parameterisation and the wider capital model process.
• Support Solvency II, Lloyd's and regulatory reporting requirements.
• Drive improvements in reserving methodologies, processes and governance.
• Manage and mentor junior actuarial team members, supporting their technical and professional development.
• Collaborate with Finance, Claims, Risk and Underwriting teams across a range of business initiatives.

About You

• FIA qualified actuary.
• Strong reserving experience gained within a Lloyd's syndicate, managing agent or London Market insurer.
• Excellent understanding of non-life reserving techniques and regulatory requirements.
• Experience communicating technical findings to both actuarial and non-actuarial stakeholders.
• Strong analytical skills with a pragmatic and commercially focused approach.
• Ability to manage multiple priorities and deliver high-quality work in a fast-paced environment.
• Previous mentoring or supervisory experience would be advantageous.

Why Apply?

• High-profile role within a well-regarded Lloyd's platform.
• Opportunity to influence reserving strategy and business decision-making.
• Visible leadership position with mentoring and management responsibilities.
• Broad stakeholder exposure across actuarial, finance and underwriting functions.
• Supportive and collaborative culture with strong career development prospects.
• Competitive package, annual bonus and flexible working arrangements.