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