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Actuarial Reserving Lead

Posted 1 week ago by Experis

Summary: The Actuarial Reserving Lead role is a senior, hands-on position within a leading global insurance organization, focused on overseeing regulatory reporting and delivering reserving analyses. The successful candidate will lead a small actuarial team, drive process improvements, and support critical business initiatives. This position requires strong reserving expertise and regulatory reporting experience, with a contract duration of 6 months. The role is based in London and offers a hybrid working arrangement.

Key Responsibilities:

  • Oversee the production of the Solvency II and Solvency UK technical provisions and Pillar III returns.
  • Co-ordinate timely and high-quality input into the production of actuarial reporting items.
  • Manage the review process with UK & EMEA Chief Actuaries and other key stakeholders.
  • Assist with the review and redevelopment of the technical provisions' models and reporting templates.
  • Improve the efficiency by which the technical provisions process is performed, ensuring consistency with market best practices and regulatory requirements.
  • Maintain and develop inputs required for the capital model calibration process.
  • Review, analyse and challenge outputs and assumptions and the impact to the available Solvency capital.
  • Assist with queries and requests from the Prudential Regulation Authority ("PRA") and Commissariat aux Assurances ("CAA").
  • Produce quarterly cashflow analytics used for investment management and business planning purposes.
  • Oversee the production of reserving analyses reported to credit rating agencies.
  • Assist with the coordination and assessment of the legal entity budget loss ratios.
  • Provide support for key central reserving projects and other BAU activities as required.
  • Manage and develop junior actuarial staff.

Key Skills:

  • BS in Actuarial Science, Mathematics, Statistics, or related field
  • Qualified member of an Actuarial Institute or equivalent experience
  • Significant experience of Solvency II/Solvency UK regulatory framework
  • Proven proficiency in actuarial concepts/methodologies
  • Strong leadership skills
  • Strong analytical and problem solving skills
  • Strong business and collaboration skills; responsive to service needs and operational demands
  • Expertise in Excel, VBA, SQL, or other programming languages
  • Effective time management and organizational skills
  • Excellent communication, presentation, and interpersonal skills

Salary (Rate): £880 per day

City: London

Country: United Kingdom

Working Arrangements: hybrid

IR35 Status: inside IR35

Seniority Level: Senior

Industry: Other

Detailed Description From Employer:

Actuarial Reserving Lead
£80 per day (Umbrella)
London (Hybrid - 3 days)
6 Month Contract

Overview

We are seeking an experienced Actuarial Reserving Lead to join a leading global insurance organisation on an initial 6-month contract. This is a senior, hands-on role requiring strong reserving expertise, regulatory reporting experience, and the ability to lead and develop a small actuarial team.

The successful candidate will play a key role in overseeing regulatory reporting activities, delivering reserving analyses, driving process improvements, and supporting critical business and regulatory initiatives. This position offers the opportunity to influence strategic actuarial projects while ensuring the timely delivery of key reporting requirements.

Accountabilities for the role:

  • Oversee the production of the Solvency II and Solvency UK technical provisions and Pillar III returns.
  • Co-ordinate timely and high-quality input into the production of actuarial reporting items.
  • Manage the review process with UK & EMEA Chief Actuaries and other key stakeholders.
  • Assist with the review and redevelopment of the technical provisions' models and reporting templates.
  • Improve the efficiency by which the technical provisions process is performed, ensuring consistency with market best practices and regulatory requirements.
  • Maintain and develop inputs required for the capital model calibration process.
  • Review, analyse and challenge outputs and assumptions and the impact to the available Solvency capital.
  • Assist with queries and requests from the Prudential Regulation Authority ("PRA") and Commissariat aux Assurances ("CAA").

Other

  • Produce quarterly cashflow analytics used for investment management and business planning purposes.
  • Oversee the production of reserving analyses reported to credit rating agencies.
  • Assist with the coordination and assessment of the legal entity budget loss ratios.
  • Provide support for key central reserving projects and other BAU activities as required.
  • Manage and develop junior actuarial staff.

Experience & Qualifications Required:

  • BS in Actuarial Science, Mathematics, Statistics, or related field
  • Qualified member of an Actuarial Institute or equivalent experience
  • Significant experience of Solvency II/Solvency UK regulatory framework
  • Proven proficiency in actuarial concepts/methodologies
  • Strong leadership skills
  • Strong analytical and problem solving skills
  • Strong business and collaboration skills; responsive to service needs and operational demands
  • Expertise in Excel, VBA, SQL, or other programming languages
  • Effective time management and organizational skills
  • Excellent communication, presentation, and interpersonal skills

If you are interested in this position, please do not hesitate to apply! Please note in the event of high volumes of applications, we will

If you receive suspicious outreach claiming to be from us, please contact us via the ManpowerGroup website.

Rate:
£880/day
Location:
London
IR35 Status:
Inside
Remote Status:
Hybrid
Industry:
Other
Seniority Level:
Senior

Take-Home Pay

£11,200 per month

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