Reserving Analyst

Hamilton; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

Hamilton is seeking a Reserving Actuary to join our team in London or Dublin. You will provide actuarial expertise for reserving, review underwriting data, and contribute to the GAAP and Solvency II processes across Hamilton's entity portfolio.

You will work with Underwriters, Finance and Claims, mentoring junior staff where possible while driving models and reporting improvements.

Qualifications

• GI Reserving experience with GAAP/Solvency II reporting.
• Actuarial exams progressing or newly qualified actuary.
• Strong technical skills in Excel and VBA; SQL/Access experience a plus.
• Excellent written and verbal communication; credible with stakeholders.

Responsibilities

• Assist GAAP reserving process for Lloyd's and other reporting requirements.
• Support Solvency II TP calculations and validations across entities.
• Develop and apply technical actuarial models and continuous improvement.
• Engage with external auditors and internal stakeholders (Underwriters, Finance, Claims).
• Support capital modelling with reserving and underwriting risk inputs.
• Collaborate with Pricing on ad-hoc projects and Group reporting.
• Create and communicate management information packs.

Skills

Excel

VBA

Access

SQL

Excellent communication

Strategic thinking

Mentoring potential

Education

Actuarial exams in progress or newly qualified

Tools

SQL

Job description

We're looking for an Reserving Actuary

Based in London or Dublin and reporting to the Head of Reserving, this role will contribute and add value to the Actuarial team and Hamilton groupwide through involvement in the Actuarial function. You will provide actuarial expertise to the business, together with independent rigour and review of underwriting data and statistics for the purpose of reserving.

Hamilton Global Specialty is our multi-platform, specialty insurer operating primarily through a Lloyd's Syndicate and Dublin operating company with a managing general agency in the US.

What you will do

• Assist in managing the GAAP reserving process for each Hamilton entity for both Lloyd's' and other regulatory reporting requirements; review method and assumptions
• Assist in managing the Solvency II TPs calculation and validation process for each of the syndicate/entities: review method and assumptions; regulatory reporting for all entities with support from reserving analysts
• Actively contribute to the development and application of Technical Actuarial models and methods and the process of continuous improvement within the department
• Help manage relationships and communication flows with external auditors
• Work with internal stakeholders including Underwriters, Finance, Claims and Outwards Reinsurance
• Act in accordance with all applicable supervisory bodies, principles, rules and regulations
• Provide support to the capital modelling team by focusing mainly on reserving risks and underwriting risks for parameterisation and validations
• Work with the Pricing team on ad-hoc projects as and when they arise
• Assist in Group reporting
• Develop and communicate associated management information packs

What you require for the role

• Demonstrable experience in GI reserving; making good progress on actuarial exams or nearly/newly qualified actuary
• Extensive experience in GAAP and Solvency II calculation and reporting, preferable with Lloyd’s market experience
• Expert user of Microsoft Excel, VBA; Access and SQL ResQ experience is a plus
• Excellent verbal and written communication skills
• The ability to be both strategic and pragmatic. Must be able to think broadly about the business
• A creative, proactive and innovative mindset that does not accept the status quo
• Credible across the business with the proven ability to build strong relationships
• Previous experience of mentoring and/or managing more junior staff is preferred but not essential

What you can expect from us

At Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values: Be Smart, Be Sensible, Be Open and Be More.

Our employees consistently say they would recommend Hamilton as a great place to work - a testament to the inclusive, supportive, and empowering culture we've built together. We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.

In good company

Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.

Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful - to our customers and our business. We believe we are 'In good company.' with everyone we interact with.