Reserving Manager

Job description

North Co Recruitment are working with a Lloyd's managing agency to appoint a Reserving Manager into their actuarial function. It's a senior, highly visible role with direct line of sight to the actuarial and finance leadership team, offering real input into reserving decisions across the syndicates under management rather than a narrow technical seat far removed from where decisions get made.

What you'll do

• Own day-to-day oversight of actuarial best estimate reserves and Solvency UK Technical Provisions across the syndicates under management.
• Review and challenge reserving results prepared by external providers and outsourced functions, escalating concerns where needed.
• Partner with Underwriting, Claims, Finance and Risk to set and stress-test key reserving assumptions.
• Prepare and present papers for reserving committees and wider governance forums, including Audit, Risk and Board.
• Contribute reserving input to ORSAs and Actuarial Function Reports, helping ensure processes meet Lloyd's, PRA and IFoA requirements.
• Get involved in the reserving side of wider business change, from process improvements to bringing new syndicates on board.

What we're looking for

• Non-Life actuarial experience gained within Lloyd's or the wider London Market.
• Qualified actuary, or no longer progressing with exams, with equivalent experience.
• Strong technical grasp of Solvency UK and GAAP requirements for Technical Provisions.
• Solid understanding of London Market reserving methods and practices.
• A track record of reviewing or challenging actuarial reserving output.
• Comfortable presenting and communicating with senior stakeholders.
• Confidence working across teams and disciplines beyond reserving.
• Hybrid working applies, with a mix of home and office-based collaboration.

If you're looking for a high-profile reserving role with genuine influence over how syndicates are reserved, exposure to senior leadership and a route into a growing managing agency business, we'd be keen to speak.

Salary: £100,000 - £120,000 base, plus discretionary bonus

Location: Hybrid, London Based.

Please note, the client is unable to offer sponsorship for this opportunity.

For more information or to discuss other opportunities, reach out to

Tom Parker

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website

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LinkedIn page

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Extra information

Status

Open

Education Level

Secondary School

Location

City of London

Type of Contract

Full-time jobs

Published at

05-08-2026

Full UK/EU driving license preferred

No

Car Preferred

No

Must be eligible to work in the EU

No

Cover Letter Required

No

Languages

English