Job Description
Reserving Analyst
Actuary Qualification
Location: London 2-3 days per week
About the Role
We are seeking a highly skilled and experienced Reserving Analyst to join our Actuarial team. This is a pivotal role supporting the UK & European business areas, with scope to contribute to other territories as needed. You will lead the quarterly reserving process, assess profitability across business lines, and project profit commission accruals, helping shape strategic decisions through actuarial insight.
Key Responsibilities
1. Lead the quarterly reserving process, including profitability assessments and profit commission projections.
2. Enhance and expand methodologies for assessing Ultimate Loss Ratios (ULRs) and modelling profit commissions.
3. Support the development of a robust actuarial database as the central source of reserving data.
4. Implement effective controls to ensure data integrity and model accuracy.
5. Conduct deep-dive reviews of products to identify trends, growth opportunities, and corrective actions.
6. Assist in developing Management Information (MI) that incorporates reserving analytics.
7. Communicate key findings and uncertainties to stakeholders in a clear and engaging manner.
8. Mentor junior team members and promote k...