Reserving Actuary

Admiral Group Plc, Adamsdown, Caerdydd - Cardiff

Reserving Actuary

Salary not available. View on company website.

Admiral Group Plc, Adamsdown, Caerdydd - Cardiff

  • Full time
  • Permanent
  • Onsite working

Posted 2 days ago, 4 Jun | Get your application in today.

Closing date: Closing date not specified

Job ref: 29a61b4e377b44a5b22452b6f2aebb5b

Location ref: Adamsdown, Caerdydd - Cardiff

Full Job Description

Reporting to the Head of Reserving, you'll be a key part of the team from day one - building your understanding of our business, contributing to reserve reviews, and helping to shape how we continuously improve our processes. With the ever-changing external environment, this is a great time to be working within the Reserving Team of a leading UK insurer. As a senior member of the team, you'll also play an important role in supporting and mentoring junior colleagues, helping to grow capability across the team. You'll work closely with a wide network of stakeholders, including Finance Senior Management, Claims, the Reserving Committee, Audit, Line 2 Risk, Reinsurance partners and external actuarial partners, giving you real visibility and influence across the organisation. Responsibilities

  • Owning and contributing to key elements of the quarterly reserving process across Motor, Household and Van products from data through to insight and reporting
  • Challenging and validating outputs to ensure robust decision-making
  • Developing and enhancing monitoring tools, working closely with Claims to understand emerging trends
  • Driving continuous improvement by identifying and implementing smarter, more efficient processes
  • Supporting key initiatives such as data transformation and reserving enhancements
  • Reviewing and challenging Solvency UK Technical Provisions and IFRS17 outputs
  • Building models and tools to support evolving business needs
  • Staying ahead of industry trends and best practice
  • Ensuring documentation is clear, robust and aligned with Technical Actuarial Standards
  • Supporting and developing colleagues across the wider Reserving teams, We take pride in being a diverse and inclusive business. It's a place where you can Be You, and show up as you are. We're committed to fostering a people-first culture where everyone is accepted, supported, and empowered to be brilliant. You can, Grow And Progress at a pace and direction that suits you, Make A Difference for our customers and each other, and Share in Our Future with all colleagues eligible for up to £3,600 of free shares each year after one year of service.
  • Everyone receives 33 days holiday (including bank holidays) when they join us, increasing the longer you stay with us, up to a maximum of 38 days (including bank holidays). You also have the option to buy or sell up to an additional five days of annual leave. We're proud of our people-first culture. In fact, we've been recognised as a Great Place to Work for Women, a Great Place to Work for Wellbeing, and an overall Great Place to Work for over 25 years! We're fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics. Our fantastic benefits make sure our colleagues have a great work-life balance; You can view some of our other key benefits here., I'm currently a Talent Specialist within our Corporate Services Team, responsible for recruiting across a wide range of roles in Business Support, Finance, Compliance, and Risk. I also manage recruitment for AIGL - Admiral Insurance (Gibraltar) Limited. With extensive experience in Talent Acquisition, I handle many senior-level positions, ensuring we attract the best professionals for these critical roles., I joined Admiral in July 2021 as a Recruitment Officer in the Business Support team. I later became Talent Partner in the Tech and Data team, where I managed a diverse range of technical roles and partnered closely with senior leaders. To broaden my expertise further, I transitioned into our Corporate Services team, where I now specialise in recruiting for high-impact roles across multiple business areas., Please note: This role requires attendance in our Cardiff office once per week. As a People Partner, you will provide a high-quality, strategic people partnering service, working closely with leade

  • Qualified or nearly qualified Actuary (IFoA or equivalent)
  • Strong reserving experience, ideally within personal lines
  • Knowledge of Solvency UK and IFRS17 frameworks
  • A strong analytical mindset, with excellent attention to detail
  • Experience supporting or mentoring others
  • Confidence working with senior stakeholders and presenting complex insights clearly
  • Ability to manage priorities and deliver to deadlines independently
  • Strong Excel skills and experience working with actuarial data and models
  • Desirable skills and experience
  • Experience across multiple product lines (e.g. Motor, Household, Van)
  • Exposure to transformation or process improvement initiatives
  • Awareness of market trends within personal lines reserving

Direct job link

https://www.jobs24.co.uk/job/reserving-actuary-126931150