Average Actuary salary in the UK

An opportunity to join a specialist Lloyds' syndicate as an experienced Actuary with responsibilities across reserving and pricing. You will be a key player in ambitious growth plans, working closely with the Active Underwriter to review new and renewal cases as well as reserving parameters plus much more. The successful candidate will enjoy being empowered as part of a small team and be involved in shaping the strategic direction of the syndicate. An overview of responsibilities and areas of influence … Support the Active underwriter in risk selection and portfolio managementAttend pre and post renewal meetingsAnalyse outwards reinsurance provisionsQuarterly reserving reviewsLiaison with external partners regarding reserving and capital modellingEnsure the integrity of data for regulatory reporting requirementsOngoing development of actuarial methodologies and toolsLead data validation tasksCollaborate with internal stakeholders to ensure data integrityMonitoring claims experience against expectations What you need to bring … Fellow of the Institute and Faculty of Actuaries Experience in the Lloyd's / London market involving practical application of actuarial methods and statistical techniques Excellent communication skills Good problem-solving skills Ability to work across multiple stakeholders Excellent time-management / prioritisation skills Good IT skills What is on offer … Permanent positionSalary to £120,000 + benefits packageFlexible Hybrid working - City of London & Home An opportunity to join a highly innovative and ambitious business environment Scope to grow and develop, be challenged and make a real contribution to growth REF: 9473 Interested? Please apply today and we will contact you by return. MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector. MW Appointments is acting as an Employment Agency in relation to this vacancy.

Are you a part qualified, nearly qualified or recently qualified pensions actuary with professional experience in DB pensions schemes? Are you keen to grow your career, working alongside seasoned professionals on a variety of clients and project work? Our pensions firm client has opportunities for you in their growing Retirement team, having offices UK Wide and working hybrid (approx. 1-2 days per week in an office). Their process is very people-centred and they are more than open to having an informal chat (F2F over a coffee or over video-call) first before progressing to interview stage, if that is preferred. They offer an opportunity to tailor-make a role around your experience as well as your interests and are open to shaping a role that may encompass a variety of business areas, specialised teams (i.e. Risk Settlement, Investment, DC - Trustee/Corporate). Additionally, they have a comprehensive study support programme (and strong mentor-ship from. Responsibilities will include: Taking ownership of the delegation and production of actuarial work for nominated Trustee and Corporate clients in your portfolio. This includes technical calculations, drafting advice papers, setting and negotiating budgets and delivering advice directly to our clientsParticipating in client meetings and telephone calls, either leading them or supporting the Scheme Actuary or Client ManagerBuild positive relationships externally with clients and third parties, and internally with # colleagues.Identifying and implementing service improvements and ensure appropriate legislative, regulatory, business and professional standards are followedSupporting specialist teams on ad-hoc projects including risk settlement, incentive exercises and member options, GMP equalisation and more Skills and Experience Needed: Part-qualified making good progress through actuarial exams or a qualified ActuaryA strong mathematical background with the ability to explain technical solutions in a clear wayRelevant group pensions experience and industry knowledgeA 2:1 or above degree in a numerate or semi-numerate subject (or equivalent)Ability to deliver effective client service to multiple clients and a track record in relationship management Our client values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. They are proud to be an equal opportunity workplace. If this opportunity is of interest, and you have the relevant professional experience, please submit your most up-to-date CV, or email is directly to Visit the IDEX Consulting Ltd website for further opportunities. Please note that the information supplied may be retained for up to 10 years for use in connection with future vacancies. For full information on how we use your data, please visit the IDEX Consulting website and view our Privacy Policy. Our Diversity, Equity and Inclusion Mission At IDEX, we strive for an inclusion-first company culture where everyone is treated fairly and can bring their authentic selves to work. We recognise and acknowledge that diverse representation at every level of our business requires continuous and measurable effort. We are committed to driving conscious inclusion across our business and creating equitable pathways.

An outstanding opportunity for a qualified actuary looking to advance their career within a growing Lloyds Managing Agency. You will oversee the delivery of reserving analysis to be used by the Syndicate. As team leader you will oversee 2 members of staff and will assume a variety of other key duties, such as supporting the parameterisation & validation of capital models, support due diligence and pricing of new books of business. Reserving Manager - Actuary Overview Oversee the data extraction processes for premiums, claims and reinsurance information for use in reserve modellingManage updates to the reserve models and reserve exhibits on a timely basis to help the management decide on reserve levels, includingUpdate Solvency II technical provisions & US Trust Fund reservesEstimation of Reserving RiskComputation of reinsurance recovery ratesCalculate insurance cash-flowsOversee delivery of monthly run-off MI including actual vs expected reserve run-off analysesPerform reserve deep dive reviews as requiredBenchmarking of market dataAssist the capital model team in maintaining, parameterising, running and enhancing the capital modelAnalyse historical syndicate and market data to develop model parameters and calibrate inputs to the capital model What you need to show … Qualified ActuaryProficient in use of ResQ, Excel and macrosOrganized with an ability to work to tight deadlines Previous London market/Lloyd's reserving experience beneficial What is on offer … Permanent roleSalary to £130,000 + annual bonus & benefits packageWorking flexibility - 2 days in the City of London & 3 days working remotelyAn opportunity to join an ambitious, dynamic and growing business that specialises in the acquisition and management of run-off portfolios. REF: 9442 Interested? Please apply today and we will contact you by return. MW Appointments has been recruiting in the Insurance market since 1992, so you will benefit from partnering with a market leader who possess in-depth technical understanding, comprehensive market in-sight, excellent market intelligence and well-established relationships with companies across the insurance sector. MW Appointments is acting as an Employment Agency in relation to this vacancy.