Actuarial Reserving Manager

New Today

Overview

Join to apply for the Actuarial Reserving Manager role at Simply Business. This is a 14 to 15-month fixed-term contract with high autonomy and impact, responsible for the end-to-end reserving process and direct collaboration with senior leadership to support financial strength and strategic agility.

Responsibilities

  • Own and manage the full end-to-end reserving process, conduct monthly and quarterly reviews, and assess reserve adequacy.
  • Lead the annual profit share process, including accurate calculations and liaison with insurance capacity providers.
  • Work closely with the Finance team to ensure accurate and timely actuarial inputs for financial reporting, while maintaining auditable processes.
  • Collaborate with the Risk Pricing team to ensure consistency and identify growth opportunities that protect performance.
  • Conduct deep-dive claims analysis to identify trends and inform wider business strategy.
  • Ensure the reserving function is always “audit ready”, with clear documentation and compliance.

Qualifications

  • A qualified actuary (FIA or equivalent) with post-qualification experience in non-life (GI) insurance or reinsurance.
  • Significant experience in actuarial reserving and profit share arrangements, with a strong technical and commercial grounding.
  • Skilled in R, Python, or SAS and comfortable building and validating actuarial models.
  • Proficient in SQL, with the ability to work directly with complex data to drive meaningful insights.
  • A strong communicator who can present actuarial findings clearly to non-technical stakeholders, including senior leadership.
  • Detail-oriented, highly organized, and focused on ensuring compliance and process integrity.

We encourage people of all different backgrounds and identities to apply. We are committed to maintaining an inclusive, supportive place for you to be you and do your very best work.

About Simply Business

We insure small businesses and enable big dreams – not just for our customers, but for our people and communities too. With over 1,000,000 active insurance policies, we protect builders, bakers, landlords and more than 1,200 other trades. We’re a technology company as well as one that sells insurance. That means we build, we fail, we learn and we improve. We’re a B Corp too, which recognises our strong track record of having a positive impact on people, society and the environment.

Benefits

We offer a great work-life balance with a manageable workload and hybrid flexibility. Benefits include:

  • 25 days annual leave (plus bank holidays) with option to buy five more days.
  • Flexible parental leave with six months full pay to the primary caregiver and four weeks full pay for secondary caregiver.
  • Life event leave and a two-week paid sabbatical after five years, then four weeks after ten years.
  • Private medical insurance through BUPA and a health cash plan.
  • Competitive salary based on experience, with the potential for an annual bonus.
  • Learning platform access and mental health support with counselling.
  • Pension employer contributions up to 5%, life assurance (up to 10x salary with options), and a tax-free sum via life assurance.
  • Salary sacrifice car scheme and a flexible benefits scheme for additional coverage (critical illness, dental, travel, gym, etc.).

Ready to join us and drive our success as a high-performing team? Apply today.

#J-18808-Ljbffr
Location:
England, United Kingdom
Salary:
£80,000 - £100,000
Job Type:
FullTime
Category:
Finance