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Reserving Actuary

Job in Cardiff, Cardiff City Area, CF10, Wales, UK
Listing for: Admiral Group Plc
Full Time position
Listed on 2026-06-08
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst
  • Insurance
    Risk Manager/Analyst
Salary/Wage Range or Industry Benchmark: 80000 - 100000 GBP Yearly GBP 80000.00 100000.00 YEAR
Job Description & How to Apply Below

Job Overview

Reporting to the Head of Reserving, you’ll be a key part of the team from day one – building your understanding of our business and contributing to reserve reviews, while helping to shape how we continuously improve our processes.

Responsibilities
  • Owning and contributing to key elements of the quarterly reserving process across Motor, Household and Van products from data through to insight and reporting
  • Challenging and validating outputs to ensure robust decision‑making
  • Developing and enhancing monitoring tools, working closely with Claims to understand emerging trends
  • Driving continuous improvement by identifying and implementing smarter, more efficient processes
  • Supporting key initiatives such as data transformation and reserving enhancements
  • Reviewing and challenging Solvency UK Technical Provisions and IFRS¡17 outputs
  • Building models and tools to support evolving business needs
  • Staying ahead of industry trends and best practice
  • Ensuring documentation is clear, robust and aligned with Technical Actuarial Standards
  • Supporting and developing colleagues across the wider Reserving teams
Culture & Values

We take pride in being a diverse and inclusive business. It’s a place where you can be yourself, show up as you are, and be empowered to be brilliant. We’re committed to fostering a people‑first culture where everyone is accepted, supported and empowered to make a difference for our customers and each other.

Location

This role requires attendance in our Cardiff office once per week.

Benefits
  • 33 days holiday (including bank holidays) when you join us, increasing up to a maximum of 38 days (including bank holidays) the longer you stay
  • Option to buy or sell up to an additional five days of annual leave
  • Up to £3,600 of free shares each year after one year of service
  • Recognition as a Great Place to Work for Women, for Wellbeing and overall Great Place to Work for over 25 years
Qualifications
  • Qualified or nearly qualified Actuary (IFoA or equivalent)
  • Strong reserving experience, ideally within personal lines
  • Knowledge of Solvency UK and IFRS¡17 frameworks
  • A strong analytical mindset, with excellent attention to detail
  • Experience supporting or mentoring others
  • Confidence working with senior stakeholders and presenting complex insights clearly
  • Ability to manage priorities and deliver to deadlines independently
  • Strong Excel skills and experience working with actuarial data and models
Desirable Skills and Experience
  • Experience across multiple product lines (e.g. Motor, Household, Van)
  • Exposure to transformation or process improvement initiatives
  • Awareness of market trends within personal lines reserving
Diversity & Inclusion

We’re fully committed to making sure your progression is not slowed or halted by barriers related to race, gender, age, sexuality or any of the protected characteristics.

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