Senior P&C Reserving Actuary

London Source: WhatJobs

See advert for pay

Overview

Senior P&C Reserving Actuary in London responsible for high-quality reserving analysis across multiple lines, supporting regulatory and financial reporting, and driving actuarial transformation. You will partner with Underwriting, Claims, Finance, Risk and Pricing to challenge assumptions and communicate actuarial judgements. The role includes governance, audit support, and mentoring juniors while managing a significant reserves portfolio. This is a high-impact, cross-functional position in a leading international insurer.

Responsibilities

Deliver quarterly technical reserving analysis across multiple P&C lines
Provide insights into reserve movements and emerging claims experience
Challenge assumptions with Underwriters and communicate actuarial recommendations
Support UK GAAP, French GAAP, Solvency II and Solvency UK reporting for UK and European entities
Contribute to annual portfolio reviews and actuarial reporting
Support regulatory, audit and governance requirements including auditor queries and audit defence
Support a major actuarial transformation programme focusing on automation and process improvement
Collaborate with international actuarial, claims, underwriting, finance and risk teams
Mentor and support junior actuarial team members

Key requirements

FIA, FCAS, FIAA or equivalent qualification
Significant P&C reserving experience
Experience in the London Market or Specialty insurance
Strong knowledge of UK GAAP, French GAAP, Solvency II and/or Solvency UK
Knowledge of IFRS 17
Experience analysing and explaining financial impacts and reserve movements
Confidence working with senior Underwriters and challenging assumptions
Strong understanding of P&C insurance and reinsurance products and reserving methodologies
Experience with actuarial software, with ResQ experience particularly beneficial