Reserving Transformation Actuary

Job Title: Reserving Transformation Actuary
Division: Finance – Actuarial
Reports To: As per Beazley’s organisation chart
Key Relationships: Beazley actuaries, Finance, Data Management and Ceded Reinsurance teams, Claims managers, Underwriters and business managers.
Job Summary: The successful candidate will play a pivotal role in advancing Beazley’s reserving capability, with a focus on the development and enhancement of reserving processes, tools and methodologies. Working closely with the wider team, they will help shape and embed a modern reserving infrastructure that is robust, scalable and built for the future.

• Support the ongoing evolution of reserving processes towards automated, scalable and AI-enabled solutions.
• Develop and enhance reserving processes, tools and methodologies, ensuring they are robust and aligned with business needs.
• Design, build and maintain reserving workflows and tooling (including Python and Unify), acting as a subject matter expert and supporting adoption across the team.
• Contribute to ad-hoc projects and initiatives, applying technical expertise to solve complex reserving and data challenges.
• Provide technical guidance to the wider reserving team, with a focus on workflows, coding best practice, and improving process efficiency.
• Maintain clear documentation and ensure appropriate governance and sign-off processes are followed.
• Keep abreast of industry best practice in automation and the application of AI within reserving.
• Build effective working relationships with key stakeholders across actuarial, finance and technology teams. Contribute to team objectives through effective collaboration and delivery.
• Undertake applicable professional, technical and career development training (delivered internally and externally) to include attainment of associated qualifications where required.

• Strong programming skills in Python
• Experience gained within the insurance sector
• University degree in Mathematics Actuarial Science, Data Science or related field
• Professional actuarial qualification (or making good progress toward qualification)

• Proficient in SQL (desirable)
• Experience developing and maintaining Unify workflows (desirable)
• Experience building Power BI dashboards and data models (desirable)
• Strong analytical and problem solving skills; high attention to detail
• Ability to communicate technical concepts clearly to non technical stakeholders
• Ability to manage multiple work streams, prioritise effectively and meet deadlines;
  Comfortable working both independently and as part of a team

• Reserving experience;
  Lloyd’s market knowledge desirable
• Understanding of modern reserving processes and automation concepts
• Experience developing, coding and testing actuarial models, workflows or data processes
• Understanding of reinsurance

• Outcome focused, self-motivated, flexible and enthusiastic
• Professional approach to successfully interact with team members and stakeholders

• Achievement and solution focused
• Information seeking
• Stakeholder focus
• Using initiative
• Having integrity
• Taking responsibility
• Being reliable