Senior Reserving Analyst

Eames Consulting; Greater London; Hybrid; GBP 65,000 - 95,000; Full time

Job summary

Eames Consulting is seeking an actuarial reserving professional to join the reserving team in London. You will report to the Reserving Manager and contribute to quarterly reserve reviews and process improvements.

You will draft reserving studies for assigned segments, determine best estimate reserves and currency allocations, and present findings to stakeholders including the Reserving Committee. The role emphasizes continuous improvement, with hybrid working—3 days in the London office—and

Qualifications

• Actuarial track started with commitment to qualifying.
• Three years of reserving experience in an actuarial team.
• Strong command of London market reserving techniques and challenges.
• Numerate degree and advanced Excel skills.
• Experience with SQL, PowerQuery, Python, Power BI, VS Code or VBA is desirable.

Responsibilities

• Prepare draft reserving studies for allocated business segments.
• Determine best estimate reserves and currency allocations.
• Present insights, uncertainties and recommendations to Reserving Committee.
• Contribute to cycle improvements, process design and model development.
• Participate in group projects on reserving, risk parameterisation and strategic initiatives.

Skills

Numeracy

Actuarial exams in progress

Advanced Excel

SQL

Python

Power BI

PowerQuery

VS Code

VBA

ResQ

Unify

Clear communication

Autonomy

Education

Numerate degree

Tools

SQL

Power BI

PowerQuery

Python

VS Code

VBA

Job description

Join the reserving team of a leading Lloyd's/London Market Insurer, reporting to the Reserving Manager and playing a key part in both the quarterly reserve reviews and the ongoing development of the reserving process.

You’ll produce draft reserving studies for your allocated business segments, including best estimate reserves and currency allocations, interpreting the data and selecting assumptions for review by the reserving manager or head of reserving. You’ll also help present key insights, uncertainties and recommendations to stakeholders, including the Reserving Committee.

Alongside the quarterly cycle, you’ll look for ways to get more insight out of reserving and help deliver improvements through process and model design, build, testing and documentation. You’ll also contribute to group-wide projects on reserving, insurance risk parameterisation and wider strategic initiatives.

You’ll need to have started the actuarial exams with a commitment to qualifying, at least three years’ experience in a reserving role within an actuarial team, and a solid understanding of London market reserving techniques and challenges. A numerate degree, advanced Excel skills and a consultative approach with the ability to work autonomously are also key. Experience with SQL, PowerQuery, Python, Power BI, VS Code or VBA in an insurance context would be highly desirable, and ResQ and Unify would be a bonus.

Experience of reserving process design or transformation, and an interest in applying AI to actuarial processes, would also be a real plus. The team puts real emphasis on continuous improvement, a strong feedback culture and an inclusive environment, so this would suit someone keen to develop and bring fresh ideas.

Hybrid working is 3 days in the London office. Unfortunately they can not provide VISAs.

This role is with Eames exclusively.