Junior Reserving Actuary

2 weeks ago

London, United Kingdom Gravitas Recruitment Group Ltd Full time

Graduate Actuarial Analyst / Junior Reserving Actuary


As a Graduate Actuary / Junior Reserving Actuary, you will play a critical role in the reserving function of our actuarial department. You will be responsible for assisting in the development, analysis, and validation of reserve estimates, ensuring that we maintain financial strength and meet regulatory requirements. This position offers the opportunity to work alongside experienced actuaries and gain exposure to a wide range of actuarial techniques, models, and tools.

You will be part of a collaborative team that works closely with underwriting, claims, finance, and other departments to assess the adequacy of reserves and contribute to decision-making processes that drive the business forward.


What you will do


  • Strive to improve the selection and pricing of risks through continuous development of our pricing tools and processes
  • Support the collection, maintenance and investigation of pricing data which will involve writing queries in SQL, and coding in VBA or other languages as required
  • Effectively communicate pricing results and trends to underwriters and senior management
  • Be proactive in seeking opportunities to develop your own experience and technical skills wherever possible
  • Collaborate with the actuarial team across the Group to ensure pricing practices are aligned within the organisation
  • Assist with wider actuarial support when required.


What you require for the role


  • A numerate degree
  • Interest in pursuing an actuarial qualification
  • Experience of working within an actuarial team within a general insurance company/ Lloyd’s Managing Agent is preferable
  • A willingness to ‘Be More’ with the ability to work on multiple tasks and manage competing priorities
  • Excellent interpersonal, organisational and communication skills
  • Proficiency with Microsoft Office applications including advanced Excel skills
  • Experience in VBA, SQL
  • Power BI, R or other software is a plus.

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