Actuarial Manager

Job Title: Actuarial Manager

Contract Type : Permanent, Part Time, Full Time, Job Share option available Salary Range : £53600-£100800 Location: London/Eastleigh- Hybrid

Closing Date - Wednesday 25th June

Actuarial Manager: The Ageas UK Actuarial Department is looking to hire an experienced Reserving Actuary to play a key role in the Reserving Team. The Reserving team is starting some exciting transformation projects to modernise our own way of working. The role is ideal for someone who enjoys working with people and managing projects. Interest in coding is preferable, particularly developing processes in Python.

The team is in charge of Reserving, forecasting performance, and providing valuable insights to various stakeholders to help them make business decisions. The team is critical to the company's ability to understand performance in the face of rapidly changing market conditions. If you enjoy delving into the drivers of claims experience and explaining them to the business, and you prefer a lot of variety in your day-to-day work, we believe you'll enjoy the work we offer. Working regularly with colleagues from across the business, the candidate will assist the Senior Actuarial Managers and the Chief Actuary in all aspects of the team's work; thus, a proven track record of preparing and presenting a variety of actuarial analysis to stakeholders is essential.

The main responsibilities:

• Oversee quarterly and monthly reserve reviews, prepare detailed reports, and conduct claims-related analyses.
• Help steer the department's transformation projects and strategic priorities.
• Lead claims analysis to generate actionable insights for the business and communicate results.
• Review team members' work and contribute to effective communication of results.
• Opportunity for line management of analysts, providing regular and effective feedback and supporting all aspects of staff development.

Skills & experience required:

• Demonstrates extensive knowledge of general insurance and actuarial principles, including reserving and pricing.
• Demonstrates proactive and innovative project management skills, including effective delegation and prioritisation, to ensure appropriate participation and support.
• Strong problem-solving skills, and the ability to act with a high degree of autonomy. They will be a confident self-starter
• Excellent communication skills and experience preparing and presenting technical reports to non-actuarial stakeholders.
• Demonstrates effective management and mentoring skills, including setting a good example, maintaining a visible leadership presence, and managing performance.

Here are some of the benefits you can enjoy at Ageas:

At Ageas we offer a wide range of benefits to support you and your family inside and outside of work, which helped us achieve Top Employer s tatus in the UK.

Flexible Working - Smart Working @ Ageas gives employees flexibility around location (as long as it’s within the UK) and, for many of our roles, flexibility within the working day to manage other commitments, such as school drop offs etc. We also offer all our vacancies part-time/job-shares . We also offer a minimum of 35 days holiday (inc. bank holidays) and you can buy and sell days.

Supporting your Health – Dental Insurance Health Cash Plan, Health Screening, Will Writing, Voluntary Critical Illness, Mental Health First Aiders, Well Being Activities – Yoga, Mindfulness.

Supporting your Wealth – Annual Bonus Schemes, Annual Salary Reviews, Competitive Pension, Employee Savings, Employee Loans.

Supporting you at Work - Well-being activities, yoga, mindfulness sessions, Sports and Social Club events and more.

Supporting you and your Family – Maternity/pregnant parent/primary adopter entitlement of 16 weeks’ at full pay and paternity/non-pregnant parent/co-adopter at 8 weeks’ full pay.

Benefits for Them – Partner Life Assurance and Critical Illness cover

Getting Around – Car Salary Exchange, Cycle Scheme, Vehicle Breakdown Cover

Get some Tech – Deals on various gadgets including Wearables, Tablets and Laptops.

Supporting you back to work - Return to work programme after maternity leave

About Ageas:

We’re one of the largest car and home insurers in the UK. Our people help Ageas to be a thriving, creative and innovative place to work, which is echoed in the service we provide to over four million customers. As an inclusive employer, we encourage anyone to apply. We’re a signatory of the Race at Work Charter and Women in Finance Charter, and a Disability Confident Employer (which means interviews are guaranteed for applicants with a disability who meet the minimum role criteria). For more information please see

Our aim is to have great people everywhere in our business and we’re always looking for outstanding people to join us. Most roles across Ageas allow a proportion of your time to be spent working from home and we’re open to discussing flexible working, including full-time, part-time or job share arrangements. To find out more about Ageas, see

Important Notice – Recruitment Scam Alert: We are aware of fraudulent activity whereby individuals are being contacted with fake job offers claiming to be from Ageas, often for remote roles such as Administrative Assistants. These scams may include offers of high hourly pay and requests for upfront payments or deposits. Please be aware that Ageas will never ask for money at any stage of the recruitment process . Ageas will always ask you to make an application via our Company Websites and all legitimate Ageas job opportunities are listed on our official careers pages within. Communication will only come from verified Ageas email addresses and if you are unsure about the legitimacy of a job offer or communications you are receiving, please contact [email protected] with the subject FRAUD.

Want to be part of a Winning Team? Come and join Ageas.