Reserving Lead

7 months ago

London, United Kingdom Direct Line Group Full time

At Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance, and procurement, we’re a customer-obsessed market powerhouse. And we all work together to be brilliant for customers, every single day.

Our Actuarial teams deal with risk on a billion pound scale. Bringing together the widest range of skills, tools, and information, they calculate the risk involved in any given policy - and ultimately a potential claim. Market leading techniques. Maximised profitability. Business-wide connection. That’s how we support some of the UK’s most recognisable brands to grow and develop.

**The role**:
We are looking for a Reserving Lead to join our finance department Reporting into our Group Reserving Actuary, you will deliver and support Reserving, Forecasting, Monitoring and associated Business decision-making.

The purpose of this role is to lead a significant section of the Reserving function, providing strategic direction and oversight for your portfolio. You'll provide thought leadership on actuarial and business issues, and will lead and participate in the successful planning, implementation and delivery of large complex projects.

Key priorities will include:

- Stakeholder management
- You'll need to take ownership of specific relationships up to ExCo/Audit Committee level, understanding expectations and communicating Corporate Actuarial’s view effectively; present results, and explain drivers and the wider commercial context.
- Leadership
- We need an engaging leader who can adapt to changing circumstances and ensure team members are aligned on outcomes. You'll understand our responsibilities as a listed company and be able to distinguish between issues which need further investigation and those which need immediate escalation.
- High performance culture
- You'll contribute to the creation of a high performing Corporate Actuarial & Finance function through development of team members, empowering them to demonstrate their skills, and support them in the process.
- Risk & Controls

**What else you'll be doing**:

- Lead, plan, manage and deliver reserving, forecasting and monitoring to produce insightful analysis in a timely and accurate manner. Carry out review of results, produce reports and deliver presentations to a high standard for final sign off by the Group Reserving Actuary.
- Investigate, analyse and propose solutions to complex issues.
- Be aware of and direct the team in complying on an ongoing basis with the requirements of relevant professional/legal/regulatory/risk management frameworks, e.g. Technical Actuarial Standards, Solvency II, IFRS 17 & UK GAAP requirements.

**What we are looking for**:

- Experience in a General Insurance background with deep knowledge of Reserving, Solvency II and IFRS 17
- An advanced understanding of mathematical and statistical modelling tools
- Experience managing stakeholders at all levels, and communicating in a governed environment. You'll also collaborate effectively, and be able to coach and manage a team.
- Advanced knowledge of Excel and Psicle is preferred

**Ways of Working**

Our mixed model way of working offers a 'best of both worlds' approach combining the best parts of home and office-working, offering flexibility for everyone. How much you'll be in the office depends on your role, and we'll consider the flexible working options that work best for you. Our team is currently based in Bromley, but will be moving to London Bridge (near Monument) this summer.

Read our flexible working approach here.

**Benefits**

We recognise we wouldn't be where we are today without our colleagues, that's why we offer excellent benefits designed to suit your lifestyle:

- Generous 9% employer pension
- Eligibility for annual performance bonus of up to 20%
- Generous holidays, 30 days of annual leave (excluding bank holidays). Plus, the option of buying or selling up to 5 days each year.
- 50% off home, motor and pet insurance
- Free worldwide travel insurance and Green Flag breakdown cover
- Electric Vehicle car scheme which allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax efficient way
- Free private medical cover
- Buy-as-you-earn share scheme
- Employee discounts and cashback

**Being yourself**

Direct Line Group is an equal opportunity employer, and we think diversity of background and thinking is a big strength in our people. We're delighted to feature as one of the UK's Top 50 Inclusive Employers and are committed to making our business an inclusive place to work, where everyone can be themselves and succeed in their careers.

We know you're more than a CV, and the things that make you, you, are what bring potential to our business. We recognise and embrace people that work in different ways so if you need any adjustments to our recruitment process, please speak to the recruitment team

  • Reserving Lead

    7 months ago

    London, United Kingdom Eames Consulting Full time

    **Job Details**: **Sector**: General Insurance, Actuarial, Insurance- **Location**: City of London- **Job Ref**: SB022_1710932402- **Job Type**: Permanent- **Salary**: £110000 - £150000 per annum- **Contact**: Sam Baker- **Start Date**: ASAP**Reserving Lead** Eames are currently partnered with a leading home & motor team, who have recently undergone a...

  • Reserving Lead

    7 months ago

    London, United Kingdom Eames Consulting Full time

    **Job Details**: **Sector**: General Insurance, Actuarial, Insurance- **Location**: City of London- **Job Ref**: SB233_1687455121- **Job Type**: Permanent- **Salary**: £110000 - £135000 per annum per year- **Contact**: Sam Baker- **Start Date**: ASAP**Reserving Lead** I'm partnered with a leading home & motor team, who have recently undergone a major...

  • Reserving Lead

    1 month ago

    London, United Kingdom Eames Consulting Full time

    A multinational insurer is looking to hire a Qualified Actuary to join to take a lead on their casualty reserving. For this role you must be FIA Qualified. You will gain broad exposure to different stakeholders in the business which include c-suite and underwriters. You will also have the opportunity to get involved in some transformation projects. You...

  • Lead Reserving Consultant

    2 weeks ago

    London, Greater London, United Kingdom The Emerald Group Full time

    The Emerald Group is seeking a talented Lead Reserving Consultant to join their team in London.Estimated Salary: £70,000 - £100,000 per year.Job Overview:This role involves leading elements of the Best Estimate reserving process, participating in reserving meetings, reconciling data sets, and preparing information for the Reserving Steering...

  • Senior Reserving Lead

    3 days ago

    London, Greater London, United Kingdom Jobs via eFinancialCareers Full time

    Job Title: Senior Reserving LeadA lead role in casualty reserving with a multinational insurer is now available. The ideal candidate will have experience in Lloyd's/London Market reserving and knowledge of R and SQL.Key Responsibilities:Lead on casualty reserving projectsGet involved in transformation projectsRequired Skills:Lloyd's/London Market reserving...

  • Actuary Reserving Lead

    2 weeks ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Overview:Eames Consulting is a multinational insurer looking for an experienced Actuary to join their team. The successful candidate will have a strong background in Lloyd's/London Market reserving and expertise in R and SQL.Job Summary:This is a senior leadership position that requires a Qualified Actuary to lead the casualty reserving team. The role...

  • Reserving Expertise Lead

    1 week ago

    London, Greater London, United Kingdom Arthur Recruitment Full time

    We are seeking a highly skilled Reserving Expertise Lead to join our client in London. In this role, you will be responsible for managing the reserving requirements across all lines and products.As a Reserving Expertise Lead, you will work closely with the Reserving Manager to develop and implement effective reserving strategies. Your primary goal will be to...

  • Reserving Expert Lead

    2 weeks ago

    London, Greater London, United Kingdom IGA Talent Solutions Full time

    Lead Reserving Actuary OpportunityIGA Talent Solutions is partnering with a global insurance group to fill a key role in its UK-based Reserving team.The Role:A Senior Reserving Manager oversees the team of 15-20 actuaries, and you will report directly to them. You will provide expert actuarial advice, lead quarterly reserving, business planning, and...

  • Lead Reserving Actuary

    3 weeks ago

    london, United Kingdom IGA Talent Solutions Full time

    Job Description LEAD RESERVING ACTUARY IGA Talent Solutions is partnered with a renowned global insurance group to make a key appointment to its UK-based Reserving team. The Role: The Lead Reserving Actuary will sit within a wider team of 15-20, and will itself report to the Senior Reserving Manager. You’ll provide expert actuarial advice, oversee...

  • Lead Reserving Actuary

    3 weeks ago

    London, United Kingdom IGA Talent Solutions Full time

    Job Description LEAD RESERVING ACTUARY IGA Talent Solutions is partnered with a renowned global insurance group to make a key appointment to its UK-based Reserving team. The Role: The Lead Reserving Actuary will sit within a wider team of 15-20, and will itself report to the Senior Reserving Manager. You’ll provide expert actuarial advice, oversee...

  • Lead Reserving Actuary

    4 weeks ago

    London, United Kingdom IGA Talent Solutions Full time

    LEAD RESERVING ACTUARYIGA Talent Solutions is partnered with a renowned global insurance group to make a key appointment to its UK-based Reserving team.The Role:The Lead Reserving Actuary will sit within a wider team of 15-20, and will itself report to the Senior Reserving Manager. You’ll provide expert actuarial advice, oversee quarterly reserving,...

  • Lead Reserving Actuary

    4 weeks ago

    London, United Kingdom IGA Talent Solutions Full time

    LEAD RESERVING ACTUARYIGA Talent Solutions is partnered with a renowned global insurance group to make a key appointment to its UK-based Reserving team.The Role:The Lead Reserving Actuary will sit within a wider team of 15-20, and will itself report to the Senior Reserving Manager. You’ll provide expert actuarial advice, oversee quarterly reserving,...

  • Lead Reserving Actuary

    4 weeks ago

    London,, UK, United Kingdom IGA Talent Solutions Full time

    LEAD RESERVING ACTUARYIGA Talent Solutions is partnered with a renowned global insurance group to make a key appointment to its UK-based Reserving team.The Role:The Lead Reserving Actuary will sit within a wider team of 15-20, and will itself report to the Senior Reserving Manager. You’ll provide expert actuarial advice, oversee quarterly reserving,...

  • Lead Reserving Specialist

    1 week ago

    London, Greater London, United Kingdom The Emerald Group Full time

    **Actuarial Leadership:**We are seeking a seasoned Actuarial / Senior Analyst to lead our actuarial team at The Emerald Group. As a key member of our leadership team, you will be responsible for guiding our actuarial reserving activities, developing actuarial reserving models and driving business growth.**Key Responsibilities:Lead elements of the Best...

  • Lead Reserving Expert

    1 month ago

    London, Greater London, United Kingdom Vallum Associates Full time

    Head of ReservingVallum Associates is seeking an experienced Reserving Actuary to lead our reserving team in London. This is a hybrid role, with 3 days spent in the office and flexible remote work options.We are offering a salary up to £170,000 + bonus for this exciting opportunity. As Head of Reserving, you will be responsible for delivering high-quality...

  • Reservations Team Lead

    1 month ago

    London, Greater London, United Kingdom Organic Recruitment Ltd Full time

    About the Role:As a Reservations Team Lead at Organic Recruitment Ltd, you will be responsible for managing daily reservations across all our venues in London and the Cotswolds. This role plays a vital part in delivering exceptional and efficient service and hospitality to our guests and maximising venue occupancy.Main Responsibilities:Daily Reservation...

  • Lead Reserving Actuary

    7 hours ago

    London Area, United Kingdom IGA Talent Solutions Full time

    LEAD RESERVING ACTUARYIGA Talent Solutions is partnered with a renowned global insurance group to make a key appointment to its UK-based Reserving team.The Role:The Lead Reserving Actuary will sit within a wider team of 15-20, and will itself report to the Senior Reserving Manager. You’ll provide expert actuarial advice, oversee quarterly reserving,...

  • Reserving Performance Lead

    2 weeks ago

    London, Greater London, United Kingdom Eames Consulting Full time

    About the RoleWe are looking for a skilled Reserving Performance Lead to join our team at Eames Consulting. As a key member of our team, you will be responsible for delivering high-quality results and helping shape the future of reserving as our business grows.Owning reserving classes and presenting results to senior stakeholdersContributing to reserving...

  • Reserving Actuary Lead

    2 weeks ago

    London, Greater London, United Kingdom Vallum Associates Full time

    About This Role:Vallum Associates seeks a highly skilled Senior Reserving Analyst to contribute to the development of their reserving function. The ideal candidate will have solid experience in Actuarial disciplines, with a preference for Reserving.Key Responsibilities:Develop and implement reserving processes and methodologies to ensure accuracy and...

  • Actuarial Reserving Lead

    3 days ago

    London, Greater London, United Kingdom Eames Consulting Full time

    Job OverviewEames Consulting London, United Kingdom is looking for an experienced Actuary to lead their casualty reserving team.The successful candidate will have knowledge of R and SQL and come from a Lloyd's/London Market reserving background.We are offering a competitive salary of up to £95,000 per annum for this challenging role.The ideal candidate will...