Actuarial Reserving Analyst – Retail Insurance
Ipswich (Hybrid) (2 days office based commutable from London, Essex Chelmsford, Colchester, Cambridge and Norwich)
Salary 60k+ depending on experience + bonus + strong benefits
Are you a part-qualified actuary looking for a role with greater exposure, real business impact, and clear progression?
A leading UK insurer is growing its actuarial function and is looking for a Reserving Analyst to support its retail insurance portfolio. This role offers the opportunity to move beyond purely technical work and gain exposure to performance, profitability, and strategic decision-making.
The Opportunity
* Work across reserving, performance monitoring, and commercial insight
* Gain exposure to senior stakeholders across Finance, Claims, and Strategy
* Play a key role in quarterly reserve reviews and business reporting
* Contribute to methodology and process improvements
* Benefit from strong actuarial study support and clear progression
What You’ll Be Doing
* Supporting loss ratio and reserving analysis
* Contributing to quarterly reserving cycles and monthly reporting
* Analysing portfolio performance and profitability trends
* Ensuring data accuracy and MI integrity
* Delivering insight to support business decision-making
* Supporting audit, governance, and documentation
About You
* Part-qualified actuary (IFoA) – ideally 3–8 exams completed
* Experience in reserving, actuarial reporting, or performance analysis within insurance
* Strong analytical skills and experience with Excel (Python/SAS/VBA beneficial)
* Understanding of reserving principles and insurance performance metrics
* Able to communicate insights clearly to non-technical stakeholders
What’s on Offer
* 60-65k base salary + bonus
* Generous pension (up to ~12%)
* Private medical + life assurance
* 25 days holiday + buy/sell options
* Hybrid working (2 days in office)
* Full actuarial study support
* Strong internal career progression
Why Apply?
If you’re currently in a role that feels overly process-driven or limited in scope, this is an opportunity to step into a position where you’ll gain:
* Broader commercial exposure
* Greater ownership and visibility
* A clearer path toward qualification and progression
Apply now or reach out for a confidential discussion
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