Actuarial Reserving Analyst - Retail Insurance
Ipswich (Hybrid) (2 days office based commutable from London, Essex Chelmsford, Colchester, Cambridge and Norwich)
Salary 60k+ depending on experience + bonus + strong benefits

Are you a part-qualified actuary looking for a role with greater exposure, real business impact, and clear progression?

A leading UK insurer is growing its actuarial function and is looking for a Reserving Analyst to support its retail insurance portfolio. This role offers the opportunity to move beyond purely technical work and gain exposure to performance, profitability, and strategic decision-making.

The Opportunity
*Work across reserving, performance monitoring, and commercial insight
*Gain exposure to senior stakeholders across Finance, Claims, and Strategy
*Play a key role in quarterly reserve reviews and business reporting
*Contribute to methodology and process improvements
*Benefit from strong actuarial study support and clear progression


What You’ll Be Doing
*Supporting loss ratio and reserving analysis
*Contributing to quarterly reserving cycles and monthly reporting
*Analysing portfolio performance and profitability trends
*Ensuring data accuracy and MI integrity
*Delivering insight to support business decision-making
*Supporting audit, governance, and documentation


About You
*Part-qualified actuary (IFoA) - ideally 3-8 exams completed
*Experience in reserving, actuarial reporting, or performance analysis within insurance
*Strong analytical skills and experience with Excel (Python/SAS/VBA beneficial)
*Understanding of reserving principles and insurance performance metrics
*Able to communicate insights clearly to non-technical stakeholders


What’s on Offer
*60-65k base salary + bonus
*Generous pension (up to ~12%)
*Private medical + life assurance
*25 days holiday + buy/sell options
*Hybrid working (2 days in office)
*Full actuarial study support
*Strong internal career progression


Why Apply?
If you’re currently in a role that feels overly process-driven or limited in scope, this is an opportunity to step into a position where you’ll gain:
*Broader commercial exposure
*Greater ownership and visibility
*A clearer path toward qualification and progression


Apply now!