Lead Reporting Actuary

CompanyBeazley

LocationLondon, England, United Kingdom

Posted At3/13/2026

UK Visa Sponsorship Analytics

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Occupation Type

Actuaries, economists and statisticians

Occupation Code Skill LevelHigher Skilled

Sponsorship Salary Threshold

£55,100 (£28.26 per hour)

Occupation rate applies

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Description

General

Job Description And Person Specification

Job Title: Lead Reporting Actuary

Reports To: As per Beazley’s organisation chart

Key Relationships: Senior management, Beazley actuaries, Finance, Data Management and Ceded Reinsurance teams, Claims managers, Underwriters and business managers, Lloyd’s, external actuaries/auditors.

Job Summary: Actuarial SII technical provisioning for Beazley

Key Responsibilities

Technical

Own and enhance areas of the Solvency II technical provisions process, for quarterly and annual reporting.
Understand and effectively communicate the drivers of movements in Solvency II technical provisions, including writing reports on a quarterly basis to explain movements to senior stakeholders
Perform (as required) the quarterly technical provisions valuations, validations, and reporting requirements, adhering to the required standards and ensuring technical provisions deliverables are met
Ensure the appropriate review of technical provisions and reporting requirements occurs prior to external submission and that submissions are made to high standard in a timely manner

Contribute to the maintenance of documentation with the required frequency, adhering to the review requirements and obtaining the appropriate sign-offs

Contribute to reporting the results of actuarial valuations and analyses to the relevant stakeholders and committees

Peer review colleagues' work to provide quality assurance

Support the work of external actuaries as required

Assist in other projects undertaken by the actuarial team e.g. M&A and business planning analyses

Build and maintain constructive working arrangements with those groups identified as being key to your role

Operate as an effective team member by supporting colleagues and contributing to the delivery and achievement of overall team and business objectives

Provide support and mentoring to the assistant reporting actuaries

Become a technical expert and trusted advisor for management on Solvency II technical provisions and related matters

Keep abreast of industry best practice, new initiatives and changes in regulatory requirements

Identify opportunities and deliver improvements in the valuation processes and methodologies

Undertake applicable professional, technical and career development training (delivered internally and externally)

Work with other reporting teams at Beazley to understand how different sets of accounts are prepared to ensure consistency.

General

It is important that within all your interactions both internally and externally you adhere Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers.

Comply with Beazley procedures, policies and regulations including the code of conduct
Undertake training on Beazley policies and procedures as delivered by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system
Display business ethics that uphold the interests of all our customers
Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management

Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

Personal Specification

Essential Criteria

University degree in Mathematics or related field
Hold or are close to completing an Actuarial qualification
Firm grasp of actuarial valuation techniques, including those used within pricing and capital modelling
Understanding of reinsurance and its impact on reserving

Skills And Abilities

General commercial and financial knowledge
Competent user of MS Excel; VBA, Access, SQL, SAS and R skills desirable
Experience in analytics / visualisation tools desirable
Strong analytical skills with attention to detail; accurate and numerate
Able to communicate effectively both verbally and in writing
Team worker as well as able to work on own initiative
Ability to manage time, work on a number of tasks in parallel, meet deadlines and prioritise

 

Knowledge And Experience

Proven reserving experience; Lloyd’s market knowledge desirable
Good knowledge of technical provisions for Solvency UK, Solvency II and Bermuda Monetary Authority (BMA) preferred
Knowledge of IFRS 17 desirable

Aptitude and Disposition

Outcome focused, self-motivated, flexible and enthusiastic
Professional approach to successfully interact with team members, internal and external stakeholders

Competencies

Achievement and solution focused
Analytical
Information seeking
Stakeholder focus
Using initiative
Having integrity
Taking responsibility
Being reliable
Attention to detail