Actuarial Reserving Analyst – Retail Insurance

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!

View Full Details