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Reserving Actuary

Job in City Of London, Central London, Greater London, England, UK
Listing for: hamilton
Full Time position
Listed on 2026-07-06
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Actuary
  • Insurance
    Risk Manager/Analyst, Actuary
Salary/Wage Range or Industry Benchmark: 60000 - 80000 GBP Yearly GBP 60000.00 80000.00 YEAR
Job Description & How to Apply Below
Location: City Of London

We're looking for an Reserving Actuary

Based in London and reporting to the Head of Reserving, this role will contribute and add value to the Actuarial team and Hamilton groupwide through involvement in the Actuarial function. You will provide actuarial expertise to the business, together with independent rigour and review of underwriting data and statistics for the purpose of reserving.

What you will do
  • Assist in managing the GAAP reserving process for each Hamilton entity for both Lloyd's' and other regulatory reporting requirements; review method and assumptions
  • Assist in managing the Solvency II TPs calculation and validation process for each of the syndicate/entities: review method and assumptions; regulatory reporting for all entities with support from reserving analysts
  • Actively contribute to the development and application of Technical Actuarial models and methods and the process of continuous improvement within the department
  • Help manage relationships and communication flows with external auditors
  • Work with internal stakeholders including Underwriters, Finance, Claims and Outwards Reinsurance
  • Act in accordance with all applicable supervisory bodies, principles, rules and regulations
  • Provide support to the capital modelling team by focusing mainly on reserving risks and underwriting risks for parameterisation and validations
  • Work with the Pricing team on ad‑hoc projects as and when they arise
  • Assist in Group reporting
  • Develop and communicate associated management information packs
What you require for the role
  • Demonstrable experience in GI reserving; making good progress on actuarial exams or nearly/newly qualified actuary
  • Extensive experience in GAAP and Solvency II calculation and reporting, preferable with Lloyd’s market experience
  • Expert user of Microsoft Excel, VBA;
    Access and SQL ResQ experience is a plus
  • Excellent verbal and written communication skills
  • The ability to be both strategic and pragmatic. Must be able to think broadly about the business
  • A creative, proactive and innovative mindset that does not accept the status quo
  • Credible across the business with the proven ability to build strong relationships
  • Previous experience of mentoring and/or managing more junior staff is preferred but not essential
What you can expect from us

At Hamilton, we offer a vibrant, entrepreneurial and collaborative workplace shaped by our values:
Be Smart, Be Sensible, Be Open and Be More.

Our employees consistently say they would recommend Hamilton as a great place to work — a testament to the inclusive, supportive, and empowering culture we’ve built together. We embrace individuality, value diverse perspectives, and recognise the unique contribution each person makes to our continued success.

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