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Lead Reporting Actuary

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Social Value Portal Ltd

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Location:
United Kingdom , London

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Category:

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Contract Type:
Not provided

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Salary:

Not provided

Job Description:

Actuarial SII technical provisioning for Beazley

Job Responsibility:

  • Own and enhance areas of the Solvency II technical provisions process, for quarterly and annual reporting
  • Understand and effectively communicate the drivers of movements in Solvency II technical provisions, including writing reports on a quarterly basis to explain movements to senior stakeholders
  • Perform (as required) the quarterly technical provisions valuations, validations, and reporting requirements, adhering to the required standards and ensuring technical provisions deliverables are met
  • Ensure the appropriate review of technical provisions and reporting requirements occurs prior to external submission and that submissions are made to high standard in a timely manner
  • Contribute to the maintenance of documentation with the required frequency, adhering to the review requirements and obtaining the appropriate sign-offs
  • Contribute to reporting the results of actuarial valuations and analyses to the relevant stakeholders and committees
  • Peer review colleagues' work to provide quality assurance
  • Support the work of external actuaries as required
  • Assist in other projects undertaken by the actuarial team e.g. M&A and business planning analyses
  • Build and maintain constructive working arrangements with those groups identified as being key to your role
  • Operate as an effective team member by supporting colleagues and contributing to the delivery and achievement of overall team and business objectives
  • Provide support and mentoring to the assistant reporting actuaries
  • Become a technical expert and trusted advisor for management on Solvency II technical provisions and related matters
  • Keep abreast of industry best practice, new initiatives and changes in regulatory requirements
  • Identify opportunities and deliver improvements in the valuation processes and methodologies
  • Undertake applicable professional, technical and career development training (delivered internally and externally)
  • Work with other reporting teams at Beazley to understand how different sets of accounts are prepared to ensure consistency

Requirements:

  • University degree in Mathematics or related field
  • Hold or are close to completing an Actuarial qualification
  • Firm grasp of actuarial valuation techniques, including those used within pricing and capital modelling
  • Understanding of reinsurance and its impact on reserving
  • General commercial and financial knowledge
  • Competent user of MS Excel
  • Strong analytical skills with attention to detail
  • accurate and numerate
  • Able to communicate effectively both verbally and in writing
  • Team worker as well as able to work on own initiative
  • Ability to manage time, work on a number of tasks in parallel, meet deadlines and prioritise
  • Proven reserving experience
  • Good knowledge of technical provisions for Solvency UK, Solvency II and Bermuda Monetary Authority (BMA) preferred
  • Outcome focused, self-motivated, flexible and enthusiastic
  • Professional approach to successfully interact with team members, internal and external stakeholders

Nice to have:

  • VBA, Access, SQL, SAS and R skills desirable
  • Experience in analytics / visualisation tools desirable
  • Lloyd’s market knowledge desirable
  • Knowledge of IFRS 17 desirable

Additional Information:

Job Posted:
March 20, 2026

Employment Type:
Fulltime
Work Type:
On-site work
Job Link Share:

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