Average Actuary salary in City of London

Arthur is delighted to be collaborating with a global insurance group who are seeking a Reserving Actuary to join their London Market reserving team. This role provides an opportunity to work on quarterly reserve reviews, regulatory reporting, and planning, with regular interaction with senior management and actuarial colleagues across different functions.Responsibilities: Conduct quarterly reserve reviews for specific lines of business, including calculation of central estimates and management’s best estimate.Present reserve review results to underwriting, finance, and senior management.Support Solvency II Technical Provision calculations and related regulatory reporting.Assist with annual reserve risk parameterisation and liaise with auditors and internal teams.Contribute to loss ratio planning by integrating reserving insights into pricing and planning exercises.Maintain and enhance reserving databases, tools, and applications.Develop and manage relationships with underwriters, claims, and finance teams.Provide support for external actuarial reviews and regulatory submissions. Requirements: Nearly or fully qualified actuary (FIA or equivalent) with several years of reserving experience.Experience in the London Market, with knowledge of reserving methodologies across multiple lines of business.Strong analytical and problem-solving skills with attention to detail.Ability to communicate technical findings effectively to non-actuarial colleagues.Familiarity with regulatory reporting requirements, including Solvency II and Lloyd’s reporting.Ability to work in a collaborative, team-oriented environment. Other Details: This role is based in London, with hybrid working options available.Candidates must have the right to work in the UK; visa sponsorship is not available.

Arthur is delighted to be collaborating with a specialty insurance and reinsurance provider who are seeking a Reserving Actuary to join their team. This role offers an opportunity to contribute to reserving analyses, regulatory reporting, and business planning while working closely with underwriting, claims, and finance teams.Responsibilities: Perform quarterly reserving for various lines of business, including setting and reviewing reserves.Engage with underwriters and claims teams to discuss reserving assumptions and results.Present reserving findings to senior management and underwriting teams.Prepare regulatory returns for bodies such as the SEC, PRA, and Lloyd’s.Contribute to the development of annual business plans and profitability analysis.Enhance reserving processes and data management through automation and efficiency improvements.Support Solvency II, IFRS 17, and other regulatory reporting requirements. Requirements: Nearly or fully qualified actuary (FIA, FCAS, or equivalent) or significant progress in exams.3–5 years of experience in reserving within the London Market, Lloyd’s, or commercial insurance.Strong understanding of reserving methodologies and regulatory frameworks.Proficiency in data analysis and modelling tools such as Excel, VBA, SQL, R, Python, or Power BI.Effective communication skills, with the ability to explain actuarial concepts to non-specialists.Ability to work independently while collaborating with teams across underwriting, claims, and finance. Other Details: This role is based in London, with occasional travel to other office locations as required.Candidates must have the right to work in the UK; visa sponsorship is not available.

UK-wide/hybrid | Leading Global ConsultancyPermanent | Trustee Consulting & Project Management What's in it for me? Join a close-knit, collaborative and experienced actuarial teamHave responsibility for the delivery of actuarial services to a portfolio of clientsHigh level of flexible working and choice of locationExcellent remuneration package The role: Our client, a major global consultancy, has an exciting opportunity for a qualified pensions actuary to: provide advice on strategic pensions issues in a client-facing roledeliver advice on a range of topics including: valuations and funding negotiations; integrated risk management; risk settlement projects; PPF levy management; and member options. What will I need? Relevant industry and consulting experiencesound technical capabilitystrong communication and interpersonal skillsbe comfortable in leading discussions with trustees and pensions managers. Get in touch now for more information.