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Job overview

Actuarial Reserving Analyst

  • Location

    London, England

  • Sector:

    Actuarial, General Insurance

  • Job type:


  • Salary:


  • Consultant:

    Josh Spencer

  • Email:


  • Reference:


  • Published:

    over 1 year ago

  • Expiry date:


  • Start date:


  • Consultant:


Reserving Analyst sought for a leading General Insurer who are looking to bolster their team following a period of sustained growth. Our client is looking for a confident and innovative aspiring Actuary seeking to develop a career in Personal Lines Insurance.

This role will see the Reserving Analyst oversee the monthly and quarterly Reserve reviews, build a variety of models using R and SAS and liaising extensively with internal stakeholders as a representative of the Actuarial function.

Some of the key responsibilities of the Reserving Analyst include:

  • Providing actuarial analysis to support the assessment of capital requirement in respect of claims risks to support the delivery of the internal capital model.
  • Developing tools to support business planning.
  • Helping to support the quantification of the impact of COVID-19 on Motor lines of business.
  • Produce timely and accurate actuarial management information that is relevant to stakeholders.
  • Supporting the Head of Department in ensuring key controls are exercised to mitigate risks, including fraud and financial mis-statement, and that documentation is kept up to date and complete.
  • Supporting the assessment of product profitability and the performance of the Intermediary Motor line of business.

Requirements of the Reserving Analyst:

  • A mathematical or statistical degree graded at least 2:1.
  • If working towards an IFoA Fellowship, Good progress should already have been made.
  • Excellent I.T skills - SAS, VBA, Python and/or R would be preferable. Transferable I.T skills may be acceptable.
  • Strong Communication skills are essential to be able to explain technical Actuarial concepts to non-technical teams.
  • Excellent time keeping skills and the ability to work under pressure

Rewards and Benefits

  • £30,000 - £45,000 salary
  • Full Actuarial study support
  • Flexible working available
  • Excellent career progression

For further information, please apply below with your CV or contact Josh Spencer on 0151 224 1480

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