Reserving Analyst
Application Deadline: 31 August 2025
Department: Actuarial
Employment Type: Permanent - Full Time
Location: London
Description
This is an excellent opportunity for a junior actuarial candidate to learn and be part of an established and training-focussed reserving team. The successful candidate will be reporting to the Head of Reserving and will assist in all aspects of reserving work, including data procurement, projections and reporting. Study support will be provided to a successful candidate who wishes to pursue the actuarial exams. We also welcome applications from candidates who have chosen not to sit the actuarial exams. We welcome applications both from candidates with no actuarial industry experience, and junior candidates with some actuarial experience in either the insurance or pensions industries.Specific Responsibilities
- Extraction and reconciliation of data for use in UK GAAP, Lloyd's, Solvency II/Solvency UK and US Trust Fund reserving
- Updating spreadsheets and other processes used by the reserving team
- Running of processes to assist in the production of regulatory returns
- Assistance in provision of data to external parties such as auditors
- Assistance in production of reserving projections and reporting packs
- Other general assistance in all aspects of the reserving process as required
Essential Skills & Requirements
Essential- Minimum of a second class degree in a mathematical or science based subject as well as good ‘A’ Levels (or equivalent) including at least one mathematical subject
- Good IT skills, in particular MS Excel
- Excellent attention to detail
- Good written and verbal communication skills
Desirable
- Some knowledge of SQL and/or Power BI
The Lancashire Way
At Lancashire, we believe our culture sets us apart. The way we behave and approach our work day-to-day is what makes us unique and creates a positive experience for our people, business partners and other stakeholders. Honesty and integrity in all we do is a given and The Lancashire Way reflects our true character and spirit.Straight-talkingWe feel empowered to share thoughts and ideas, because everyone’s voice matters.
CollaborativeWe work together towards common goals, share knowledge and support each other.
Hard-workingWe all have a stake in the company’s success and are proactive in contributing to our goals and vision.
ResponsibleWe focus on achieving tangible results with consistent standards across the Group.
PositiveWe engage with brokers, clients, communities, stakeholders and colleagues professionally and passionately as proud ambassadors of Lancashire.