Reserving Actuary

Overview

In this Reserving Actuary role at NHBC, you will assess and report reserves for a 10-year warranty and insurance portfolio, guiding senior decision-making with technical reserve insights. You’ll collaborate with the Head of Reserving on planning, pricing, capital modelling and reinsurance, tackling complex reserving challenges. The role offers impact across business planning and process improvements, with opportunities to influence reserving methods. This position suits a qualified actuary seeking growth in a dynamic, data‑driven environment.

Pay / Benefits

• 27 days annual leave + bank holidays
• enhanced pension scheme (up to 10.5%)
• life assurance
• subsidised private medical insurance
• employee discounts platform
• two days volunteer leave

Responsibilities

• Lead quarterly Technical Provisions updates with analysis and recommendations
• Present reserving insights to senior stakeholders and committees
• Support regulatory, reinsurance and business planning reporting
• Provide reserve inputs to capital modelling, pricing and strategic initiatives
• Plan and deliver the reserving cycle with Head of Reserving
• Identify improvements to reserving processes and drive efficiencies
• Mentor and support junior team members across the business

Key requirements

• Qualified Actuary or equivalent with several years’ reserving experience in general insurance
• Strong knowledge of actuarial techniques, market practice and GI environment
• Excellent analytical and problem-solving skills with high attention to detail
• Confident communicator with experience engaging stakeholders at all levels
• Strong prioritisation skills and ability to manage multiple priorities
• Proactive, resilient and innovative approach to process improvement
• Strong IT and data skills, ideally including SQL and Snowflake
• Experience with Python, R or similar desirable
• A relevant degree or equivalent actuarial qualification

• Analytical thinking
• Stakeholder engagement
• Attention to detail
• SQL
• Snowflake
• Python

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