Actuarial Reserving Analyst - Retail Insurance
Ipswich (Hybrid) (2 days office based commutable from London, Essex Chelmsford, Colchester, Cambridge and Norwich)
Salary 60k+ depending on experience + bonus + strong benefits
Are you a part-qualified actuary looking for a role with greater exposure, real business impact, and clear progression?
A leading UK insurer is growing its actuarial function and is looking for a Reserving Analyst to support its retail insurance portfolio. This role offers the opportunity to move beyond purely technical work and gain exposure to performance, profitability, and strategic decision-making.
The Opportunity
- Work across reserving, performance monitoring, and commercial insight
- Gain exposure to senior stakeholders across Finance, Claims, and Strategy
- Play a key role in quarterly reserve reviews and business reporting
- Contribute to methodology and process improvements
- Benefit from strong actuarial study support and clear progression
What You'll Be Doing
- Supporting loss ratio and reserving analysis
- Contributing to quarterly reserving cycles and monthly reporting
- Analysing portfolio performance and profitability trends
- Ensuring data accuracy and MI integrity
- Delivering insight to support business decision-making
- Supporting audit, governance, and documentation
About You
- Part-qualified actuary (IFoA) - ideally 3-8 exams completed
- Experience in reserving, actuarial reporting, or performance analysis within insurance
- Strong analytical skills and experience with Excel (Python/SAS/VBA beneficial)
- Understanding of reserving principles and insurance performance metrics
- Able to communicate insights clearly to non-technical stakeholders
What's on Offer
- 60-65k base salary + bonus
- Generous pension (up to ~12%)
- Private medical + life assurance
- 25 days holiday + buy/sell options
- Hybrid working (2 days in office)
- Full actuarial study support
- Strong internal career progression
Why Apply?
If you're currently in a role that feels overly process-driven or limited in scope, this is an opportunity to step into a position where you'll gain:
- Broader commercial exposure
- Greater ownership and visibility
- A clearer path toward qualification and progression
Apply now!
