Reserving Actuary

About the role

Markel International is looking for a Reserving Actuary to support the delivery and continuous development of its reserving function. The role provides technical expertise, leadership and insight to ensure robust reserving, financial reporting and risk management outcomes. It sits within a team of 32 actuarial professionals mainly based in London, which can also work remotely or from other offices and interacts with colleagues in the US and elsewhere.

Key responsibilities

• Contribute to the efficient running of the reserving function and coordinate reserving and financial reporting activities so they are delivered on time and to a high standard.
• Develop technical approaches for reserving, work with the global actuarial operations team and the global head of reserving on new tools and techniques, and suggest new ways of operating.
• Maintain relationships with key stakeholders such as group actuarial, International Finance, International ExCo, auditors and regulators.
• Lead reserving team members and coach and train the wider actuarial team.
• Support the wider actuarial team and take part in global actuarial projects as appropriate.

Required profile

• Reserving expertise, helping the team tackle complex reserving issues and providing guidance and bespoke tools.
• Ability to manage and engage the wider actuarial team so reserving and parameterisation exercises are completed on time and to a high quality.
• Recognised guide in the application of reserving methods, techniques and requirements, keeping up to date with emerging trends and tools.
• Ability to identify and implement improvements to process and governance around reserving.
• Team player who can prioritise workloads against internal and external deadlines.
• Present in the London office at least two days a week.

What we offer

• A competitive starting salary plus annual bonus and a strong benefits package.
• 25 days paid holiday plus Bank Holidays, with the option to buy or sell extra leave.
• Pension scheme, private medical and dental cover, life assurance, travel insurance, income protection and season ticket loan.
• Career development opportunities and support.