Specialist Actuary, Reserving AFR

AXA; Slough; On-site; GBP 50,000 - 70,000; Full time

Job summary

A leading financial services organization in Slough is seeking a Specialist Actuary to support strategic decision-making and ensure financial stability. The successful candidate will perform actuarial analytics, evaluate profitability, and support reserve forecasts. Qualified applicants should be actuaries, proficient in software like ResQ and SQL, with strong analytical, problem-solving, and teamwork skills. The role features a commitment to diversity and offers a range of benefits including flexible working arrangements.

Benefits

Flexible Working Arrangements

Enhanced family-friendly leave benefits

Named to the Diversity Best Practices Index

Signatory to the UK Women in Finance Charter

Qualifications

• New or nearly qualified actuary with recognised professional body.
• Working knowledge of actuarial reserving software and programming.
• Excellent analytical and problem-solving skills.

Responsibilities

• Perform actuarial analytics to provide insights for reserve recommendations.
• Evaluate ongoing profitability for business reviews.
• Support analysis and preparation of reserves forecasts.
• Consolidate reserve analysis from teams across the division.
• Assist in reporting results to internal and external parties.

Skills

Actuarial analytics

Analytical skills

Problem-solving skills

Project management

Teamwork

Attention to detail

Education

Actuary qualification (Institute of Actuaries UK or equivalent)

Tools

ResQ

SQL

PowerBI

Excel

PowerPoint

Job description

The successful candidate will be a key member of the actuarial reserving function and will report directly to the Head of Management Reporting Corporate Actuarial. As a Specialist Actuary, you will play a key role in our team, contributing to the strategic decision‑making process and ensuring the financial stability and solvency of our organisation.

Responsibilities

• Perform actuarial analytics at the insurance segment and AXA XL division level to provide insights into emerging trends and to assist with reserve recommendations.
• Evaluate the ongoing profitability of key businesses feeding into regular business reviews to support portfolio management and strategy.
• Support the analysis and preparation of reserves forecasts for the division to give an early indication of the expected reported numbers before the half‑year and full‑year close.
• Consolidate the reserve analysis and results performed by the reserving teams across the division.
• Review and challenge the rationalisation for material reserve movements and impacts in the quarter.
• Assist with the reporting of analysis and results to the AXA XL Reserve Committees, Board of Directors, AXA Group and other internal/external parties.
• Collaborate with cross‑functional teams to provide actuarial insights and recommendations.
• Contribute to the development of the AXA XL business plan each year, including reporting to the AXA XL Division and AXA Group management.
• Research and learn about new reserve, reserve risk, and claims analytics methodologies and develop new and creative solutions to actuarial issues.
• Analyse project requirements to own and deliver projects and initiatives with very high quality.

Qualifications

• New or nearly qualified actuary with the Institute of Actuaries UK, or a recognised equivalent professional body (e.g. CAS).
• Working knowledge of actuarial reserving software such as ResQ and/or other programming languages (e.g. SQL) and visualisation tools (e.g. PowerBI).
• Excellent analytical and problem‑solving skills with the ability to interpret and present complex data.
• Ability to multi‑task and work effectively in a fast‑paced team environment.
• Excellent written and verbal skills, including presentation skills.
• Effective project management and leadership capabilities.
• Outstanding computer application skills, specifically Excel and PowerPoint.
• Keen attention to detail.
• Adaptable and keen to learn.
• Team player.

Equal Opportunity Employer

AXA XL is committed to equal employment opportunity and will consider applicants regardless of gender, sexual orientation, age, ethnicity and origins, marital status, religion, disability, or any other protected characteristic. At AXA XL, we know that an inclusive culture and enables business growth and is critical to our success. That's why we have made a strategic commitment to attract, develop, advance and retain the most inclusive workforce possible, and create a culture where everyone can bring their full selves to work and reach their highest potential. It's about helping one another – and our business – to move forward and succeed.

Benefits and Resources

• Robust support for Flexible Working Arrangements
• Enhanced family‑friendly leave benefits
• Named to the Diversity Best Practices Index
• Signatory to the UK Women in Finance Charter