Reserving Manager

The Actuary; Greater London; Hybrid; GBP 110,000 - 150,000; Full time

Job summary

The Actuary, London-based, seeks a FIA qualified actuary to join the reserving function with responsibility for leading 3 direct reports. You will work closely with the Head of Reserving and Chief Actuary to support reserving judgements, deliver quarterly and year-end processes, and produce high-quality reports for stakeholders.

Experience with Lloyd's business, data processing, and external audit liaison is valued.

Qualifications

• You are a qualified actuary with strong general insurance experience and detailed knowledge of actuarial reserving techniques.
• Experience of Lloyd's business, people management, Python or other coding languages, and Res-Q would be advantageous.
• Excellent Excel, reporting, and communication skills are essential, with sound judgement and attention to detail.

Responsibilities

• Lead 3 direct reports.
• Support key reserving judgements and deliver quarterly and year-end reserving processes with clear, high-quality reports.
• Present analysis to senior actuarial, underwriting and claims stakeholders and develop reserve-monitoring information for management and committees.
• Contribute to regulatory submissions and liaise with external auditors; engage SAO providers as required.
• Lead and develop the team while driving process improvements through new technologies and methodologies.

Skills

Python

Excel

Report writing

Communication

People management

Education

FIA qualified actuary

Tools

Res-Q

Python

Job description

A leading specialist insurance business is seeking a FIA qualified actuary to join its London-based reserving function. This is an excellent opportunity to take a prominent role across multiple managed syndicates within an established international organisation. You will lead 3 direct reports.

Working closely with the Head of Reserving and Chief Actuary, you will support key reserving judgements, deliver quarterly and year-end reserving processes, and produce clear, high-quality reports. You will present analysis to senior actuarial, underwriting and claims stakeholders, develop reserve-monitoring information for management and committees, and contribute to regulatory submissions.

The role includes responsibility for data processing, documentation, external audit liaison and engagement with SAO providers. You will also lead and develop an effective team while improving processes through new technologies and methodologies.

You will be a qualified actuary with strong general insurance experience and detailed knowledge of actuarial reserving techniques. Experience of Lloyd's business, people management, Python or other coding languages, and Res-Q would be advantageous. Excellent Excel, report-writing and communication skills are essential, alongside sound judgement, attention to detail and the ability to prioritise during demanding periods.