Actuarial Reserving Manager

England, London, City of London
Closing date
28 Feb 2024

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Job Details

We have partnered with a strong medium sized Lloyd's player to find them a key member of their Reserving team. This person will play a pivotal part in creating the Reserving function after a long period of this being done externally (There will be a two year hand over period). This is a fantastic opportunity to assist the Head of Reserving/Chief Actuary create a best in class function with over 20 years of quality data and a large book of business with a GWP of over $2bn. The role is broad but includes:

- Creating best in class Reserving function working across a wide range of stakeholders from the wider actuarial team and IT Developers through to senior management and Group Actuaries.
- Enhance the downstream syndicate and group reporting.
- Lead the improvement of reserving diagnostics to create a visible and well connected function.
- Support and help grow the reserving function from 3 people to 6 at the end of this year and 8 the next.
- Play a central role in producing the quarterly reserve estimates and more generally act as a deputy head of reserving.
- Working closely with Underwriters, consultants and the Reserving Committee.
- Deep dive reviews, reserve monitoring, present reports on reserves/claims etc.
- Play an active role at a group level where needed (Around 10% of the role).

This is an amazing opportunity to join a fantastic team/business and help form a quality reserving function while having the support of consultants and ownership of large reserves. Please apply for further information.


HFG is an award winning international recruitment consulting firm that provides specialist professionals to leading General Insurance, Life, Reinsurance, Pensions and Management Consultancy firms. 

Since our formation in 2002 we have sought to provide a market leading recruitment service which challenges the gap between large agencies broad capabilities, and executive search companies’ levels of service.

Regarded by our clients and candidates as industry experts, we deliver solutions to the global insurance marketplace where we specialise in actuarial recruitment.

Led by a number of ex-industry professionals, our consultants have shown a long-term commitment to their defined markets. 

The provision of considered advice based on deep market knowledge is central to our business model. 

You will regularly find HFG at industry events and conferences including GIRO, Life, Momentum, Health, Care & Protection and Joint Risk, Investment & Pensions.

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