Reserving Manager

Sellick Partnership; Leeds; Hybrid; GBP 100,000 - 110,000; Full time

Benefits offered by this job

30 days' holiday with buy-up option

Flexible working options

Pension with 10% employer contribution

Private medical insurance

Job summary

Sellick Partnership is partnering with a global insurer to recruit a Reserving Manager for its International Markets actuarial reserving team in Leeds. The role offers hybrid working (Leeds) with a salary of £100,000-£110,000 per annum and a permanent contract.

You will own reserving strategy, lead senior stakeholder relationships and drive quarterly reserving, business planning and portfolio analysis while mentoring a team of actuaries.

Qualifications

• Advanced Excel and analytical tool skills are required.
• Strong numerical analysis and data interpretation abilities are essential.
• Effective communication and the ability to influence stakeholders are important.

Responsibilities

• Deliver high-quality reserving advice including half-yearly reserving and business planning.
• Forecast technical provisions, reserve margins and reserve uncertainty.
• Lead and develop actuarial team members with coaching and career guidance.
• Manage relationships with underwriters, claims and finance.
• Ensure governance, accuracy and regulatory compliance.

Skills

Advanced Excel

Numerical analysis

Data interpretation

Stakeholder management

Education

Fellow of the Institute and Faculty of Actuaries (or equivalent)

Tools

Excel

Job description

Reserving Manager

Salary: £100,000-£110,000 per annum

Location: Leeds - hybrid working (2 office days per week)

Contract: Permanent

Closing date: 9/10/26

Overview of the Reserving Manager role

Sellick Partnership is currently partnered with a global insurance firm that is looking for a Reserving Manager to join its Actuarial Reserving team, supporting products across its International Markets division.

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.

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 of the Reserving Manager will include

• 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.

Required experience/qualifications of the Reserving Manager role will include

• 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 your 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 and Faculty of Actuaries, or equivalent.
• Significant experience within an actuarial function in a multinational financial services organisation.

Benefits available alongside the Reserving Manager role include, but aren't limited to:

• 30 days' holiday a year with the option to buy up to 2 additional days.
• Flexible working - balancing work and life is important, so flexible working opportunities are open to all. This can include part-time, job share and compressed hours.
• Pension - you are automatically enrolled into the pension plan, which includes employer contributions of 10% of your basic salary.
• Private medical insurance - fully comprehensive private medical cover for you and your family.
• Family-friendly policies - including 26 weeks' leave at full pay regardless of gender identity, sexual orientation or how you become a parent.
• Short-term remote working abroad - you can request up to 20 days per year to work remotely from certain locations abroad.
• Sustainable investing - the pension strategy supports long‑term environmental and social outcomes, including year‑on‑year reductions in carbon footprint.
• Cycle-to-Work scheme - select a bike and/or accessories up to the value of £5,000.

This is an excellent opportunity for an experienced reserving professional to drive strategic decision-making, take ownership of reserving advice and partner with senior leaders across the business. You'll lead meaningful portfolio analysis, help shape commercial and planning activities and act as a key voice within the actuarial function.

The role also offers the opportunity to mentor and develop colleagues while maintaining high standards of technical excellence.

Closing date: 9/10/26

Synonyms: Reserving Manager, Actuarial Reserving Manager, Actuarial Manager, Reserving Actuary

Sellick Partnership is proud to be an inclusive and accessible recruitment business and we support applications from candidates of all backgrounds and circumstances. Please note, our advertisements use years' experience, hourly rates, and salary levels purely as a guide and we assess applications based on the experience and skills evidenced on the CV. For information on how your personal details may be used by Sellick Partnership, please review our data processing notice on our website.