Reserving Consultant

RSA Group; Liverpool; On-site; GBP 60,000 - 85,000; Full time

Job summary

Intact Insurance (the new name for RSA in the UK, Ireland, and across Europe) is seeking a Reserving Consultant to guide Analysts and deliver high-quality actuarial analysis feeding into the reserve review and booking process. You will explain results to senior actuaries and stakeholders while supporting reserve input and output activities.

The role is based on a hybrid basis in Horsham or Liverpool, requiring an analytically minded, newly or nearly qualified actuary with strong actuarial

Qualifications

• Newly or nearly qualified actuary level
• Actuarial training and experience is essential to this role

Responsibilities

• Delivering high-quality actuarial analysis, working with complex data, identification and treatment of prior and future expected trends, building robust and appropriate models that result in balanced and statistically sound projections of reserve and ultimate estimates supporting the reserving team and reserving director.
• Carrying out actuarial process and analysis such that all relevant professional standards, regulatory standards, and Intact policies and principles are achieved and continuously complied with.
• Estimate of assumptions relevant to the in-scope reserving classes.
• Producing a variety of suitable actuarial models under different methodologies.
• Supporting the Directors and Vice President in actuarial business partnering and audit/external review questions.
• Acting as peer reviewer to other reserving classes not analysed.
• Reviewing and challenging of actuarial aspects of products that align to reserving classes to ensure quality and reliability. Appropriate Actuarial training and experience is essential to this role
• Analytical mindset along with the credibility to operate in support of the UK Actuarial leaders, work as part of an effective team, and to drive continuous improvement
• Relationship and trust building with senior actuarial colleagues and the business is paramount Intact Insurance is the new name for RSA in the UK, Ireland, and across Europe. It's a new name and a new way to do business. Backed by global expertise and a commitment to service that feels different, we're focused on making insurance simpler, faster, and more responsive.
• Shape the future We're leading a transformation in insurance helping people, businesses and society prosper in good times and be resilient in bad times. When you join us, you're not just taking a job, you're stepping into a career where you can make a real difference. Grow with us We're customer-driven, community-focused, and committed to helping our people grow. Whether you're early in your journey or bringing years of experience, we'll support you with the tools, flexibility, and opportunities to thrive.

Job description

As a Reserving Consultant, you will guide and support Analysts in achieving their objectives. You will carry out high-quality actuarial analysis that feeds into the reserve review and booking process, along with involvement in the reserve input process in order to ensure the best quality information and insight is available for the reserve review work. You will be involved in the reserve output process and be required to explain the results of your work and what it means to senior actuaries and stakeholders throughout the business. You will be based in either Horsham or Liverpool on a hybrid basis. You'll make an impact by:

• Delivering high-quality actuarial analysis, working with complex data, identification and treatment of prior and future expected trends, building robust and appropriate models that result in balanced and statistically sound projections of reserve and ultimate estimates supporting the reserving team and reserving director.
• Carrying out actuarial process and analysis such that all relevant professional standards, regulatory standards, and Intact policies and principles are achieved and continuously complied with.
• Estimate of assumptions relevant to the in-scope reserving classes.
• Producing a variety of suitable actuarial models under different methodologies.
• Supporting the Directors and Vice President in actuarial business partnering and audit/external review questions.
• Acting as peer reviewer to other reserving classes not analysed.
• Reviewing and challenging of actuarial aspects of products that align to reserving classes to ensure quality and reliability. Appropriate Actuarial training and experience is essential to this role
• Newly or nearly qualified actuary level
• Analytical mindset along with the credibility to operate in support of the UK Actuarial leaders, work as part of an effective team, and to drive continuous improvement
• Relationship and trust building with senior actuarial colleagues and the business is paramount Intact Insurance is the new name for RSA in the UK, Ireland, and across Europe. It's a new name and a new way to do business. Backed by global expertise and a commitment to service that feels different, we're focused on making insurance simpler, faster, and more responsive.
• Shape the future We're leading a transformation in insurance helping people, businesses and society prosper in good times and be resilient in bad times. When you join us, you're not just taking a job, you're stepping into a career where you can make a real difference. Grow with us We're customer-driven, community-focused, and committed to helping our people grow. Whether you're early in your journey or bringing years of experience, we'll support you with the tools, flexibility, and opportunities to thrive.