A prestigious global Lloyd’s market insurer is seeking an experienced reserving contractor to support and manage the quarterly syndicate reserving process over a 12-month engagement.
Key Responsibilities:
* Lead and manage the end-to-end reserving process across multiple Lloyd’s syndicates.
* Ensure timely and accurate delivery of quarterly reserves and associated technical provisions under Lloyd’s and Solvency II reporting requirements.
* Oversee the preparation and review of QMA, QMB, ASR, and QSR returns.
* Liaise closely with finance, claims, and underwriting teams to validate assumptions and key inputs.
* Manage and mentor a small team of analysts and junior actuaries, providing oversight, development, and review.
* Support regulatory engagement, internal model validation, and audit queries as needed.
* Maintain and enhance reserving governance, documentation, and controls in line with Lloyd’s expectations.
1. Required Experience:
* Qualified actuary (or equivalent) with strong Lloyd’s reserving experience.
* Proven experience managing syndicate reserving cycles and technical provision calculations.
* Comfortable leading processes independently and interacting with senior stakeholders.
* Strong working knowledge of Lloyd’s reporting requirements and relevant reserving software (e.g. ResQ).
* Demonstrated experience in managing and developing junior staff.
* Ability to work in a fast-paced environment with changing priorities.
2. This is an excellent opportunity to join a respected global insurer and make a significant contribution to their Lloyd’s reserving operations during a key phase.