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Reporting Actuary

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Social Value Portal Ltd

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Location:
United Kingdom , London

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Category:
Finance

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Contract Type:
Not provided

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Salary:

Not provided
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Job Description:

Actuarial Regulatory Reporting Team for Beazley. Ideal for a candidate who is looking to take on a reporting role with opportunities to take greater ownership over time and play a key role in shaping the refinement of existing processes and development of new processes.

Job Responsibility:

  • Assist with the technical provisions process, adhering to the required standards under different bases (Solvency UK, Solvency II, Bermuda Monetary Authority), for quarterly and annual reporting. This includes collecting and preparing data, running and updating the underlying code, as well as validating and analysing the technical provisions
  • Assist with the solvency profit model and balance sheet projection tools
  • Support the year end reporting of solvency data to our regulators
  • Show initiative to understand existing processes and facilitate development of processes to make these more efficient and better controlled
  • Understand and effectively communicate the drivers of movements in technical provisions, including writing reports on a quarterly basis to explain movements to more senior members of the team, senior stakeholders and committees
  • Work as part of a wider team to 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
  • Support the work of external actuaries as required
  • Assist in other ad hoc 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
  • Become a technical expert and trusted advisor for management on technical provisions and related matters
  • Work with other reporting and actuarial teams to facilitate knowledge sharing, cooperation and consistency between teams
  • Keep abreast of industry best practice, new initiatives and changes in regulatory requirements
  • Undertake applicable professional, technical and career development training (delivered internally and externally)
  • Comply with Beazley procedures, policies and regulations including the code of conduct
  • Undertake training on Beazley policies and procedures as delivered by your line manager, the People and Sustainability or assurance teams
  • Display business ethics that uphold the interests of all our customers
  • Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
  • Comply with any specific responsibilities necessary for your role as outlined by your line manager
  • Carry out additional responsibilities as individually notified

Requirements:

  • Hold or have made significant progress towards completing an Actuarial qualification
  • Strong and competent user of MS Excel
  • Good knowledge of technical provisions for Solvency UK, Solvency II and Bermuda Monetary Authority (BMA) preferred
  • however, we would welcome applications from individuals with other experience within the insurance sector (such as reserving, capital modelling, pricing)
  • University degree
  • Experience in operating large code bases including the ability to maintain and add to existing code, with knowledge of SAS and SQL desirable
  • General commercial and financial knowledge
  • Experience in analytics / visualisation tools desirable
  • 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
  • Previous reserving experience with Lloyd's market knowledge, desirable
  • Previous experience of writing, managing and maintaining code (such as SAS), desirable
  • Knowledge of IFRS 17, desirable

Nice to have:

  • Previous reserving experience with Lloyd's market knowledge, desirable
  • Previous experience of writing, managing and maintaining code (such as SAS), desirable
  • Knowledge of IFRS 17, desirable
  • Experience in analytics / visualisation tools desirable
  • knowledge of SAS and SQL desirable

Additional Information:

Job Posted:
May 19, 2026

Employment Type:
Fulltime
Work Type:
On-site work
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