Reserving Manager

The Emerald Group Ltd, Search and Selection; Leeds; On-site; GBP 90,000 - 130,000; Full time

Job summary

The Emerald Group Ltd, Search and Selection client seeks a Reserving Manager to join the Actuarial Reserving team in Leeds. You will lead expert reserving work across International Markets and own relationships with underwriters, claims and finance.

You will drive technical excellence, develop actuarial capability, and support senior leaders with portfolio analysis and business planning.

Qualifications

• Significant experience in an actuarial function within a multinational financial services organisation.
• Strong technical expertise and leadership capability.

Responsibilities

• Provide expert actuarial advice for quarterly reserving, business planning and portfolio analysis.
• Lead and develop actuarial team members with coaching and career guidance.
• Oversee processes and controls to ensure governance and regulatory compliance.
• Manage relationships with underwriters, claims and finance.

Skills

Effective communication

Influence & persuade

Independent working

Organisational skills

Agile & responsive

Challenge processes

Advanced Excel

Numerical analysis

FIA or equivalent

Actuarial function experience

Education

Fellow of the Institute of Actuaries

Job description

Our client is looking for a Reserving Manager to join their Actuarial Reserving team, supporting products across their International Markets division on a full time, permanent basis.

This is a key role within the function, offering the opportunity to take ownership of reserving advice, lead stakeholder relationships, and influence business planning and portfolio analysis across the division. You’ll play a central role in ensuring technical excellence, supporting senior leaders, and developing actuarial capability within the team.

Your new role

Reporting to the Head of Reserving: International Markets, you’ll provide expert actuarial advice to the business, ensuring high technical quality in quarterly reserving, business planning and deep dive portfolio analysis. You’ll take ownership of relationships with underwriters, claims and finance, while leading and developing a team of actuaries.

You’ll act as a trusted advisor, supporting informed decision making and contributing to the ongoing development and strategic direction of the reserving function.

Key responsibilities:

• Deliver high quality reserving advice, including half-yearly reserving, business planning and portfolio deep dives
• Forecast technical provisions, reserve margins and reserve uncertainty to support reporting, accounts, planning and commutations
• Act as a trusted advisor to underwriters, claims and finance, building strong and effective stakeholder relationships
• Ensure technical excellence, clear articulation of assumptions and appropriate consideration of materiality
• Lead and develop actuarial team members, providing coaching, feedback and career guidance
• Oversee actuarial processes and controls to ensure robust governance, accuracy and regulatory compliance
• Drive continuous improvement by enhancing models, processes, systems and ways of working
• Contribute to business discussions, identifying key uncertainties and providing insight to support decision making
• Manage delivery against agreed timelines, taking ownership and accountability for outputs
• Stay abreast of regulatory developments and actuarial best practice, reflecting these in technical work

About you

You’ll have significant experience working within an actuarial function in a multinational financial services organisation, ideally within General Insurance. You’ll bring strong technical expertise, leadership capability and the confidence to engage and influence senior stakeholders.

Skills and experience you’ll need:

• Effective communication skills and active participation in wider business discussions
• Ability to influence and persuade, both directly and indirectly
• Ability to work independently while collaborating effectively within a team
• Strong organisational skills, with the ability to manage own workload and that of others
• Agile and responsive approach while working within defined procedures
• Willingness to challenge established processes and suggest improvements
• Advanced Excel and analytical tool skills, with the ability to build sophisticated models
• Strong numerical analysis and data interpretation skills
• Fellow of the Institute of Actuaries or equivalent
• Significant experience within an actuarial function in a multinational financial services organisation