Reserving Actuary

Overview

In this role you will provide actuarial expertise to the reserving function, delivering independent analysis of underwriting data to support reserving. You will be involved in the quarterly reserving process, setting technical provisions and reviewing reserve adequacy with claims teams. You’ll drive improvements to reserving models, methodologies and processes while collaborating across stakeholders to support year of account and annual accounting results. This is a collaborative, forward-thinking environment for ambitious actuaries in the Lloyd’s market to shape reserving capability and business outcomes.

Responsibilities

• Calculate technical provisions
• Set reserving assumptions
• Liaise with claims teams on reserve adequacy
• Monitor and report on emerging experience
• Provide expert review of reserving analyses across multiple areas
• Support quarterly reserve reviews (year of account and annual accounting)
• Contribute to enhancement of reserving models, methodologies and processes
• Support continuous improvement initiatives and drive innovation in reserving

Key requirements

• Nearly or newly qualified actuaries with significant Lloyd’s market reserving experience
• Proactive and innovative thinker who challenges established approaches
• Strong technical expertise, commercial awareness and relationship-building across the business
• Ability to balance strategic thinking with pragmatic delivery
• Comfort working with both technical and non-technical stakeholders

• Cross-functional collaboration
• Strong communication
• Problem-solving mindset
• Reserving analysis
• Technical provisions
• Reserving model development and validation

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