Flexa
Brit Insurance • London

Group Head of Reserving

Employment type:  Full time

2–3 days/week at home

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Job Description

We are looking for a Group Head of Reserving

Who are we?

At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn’t something to fear but to seize; that it’s full of potential. Not only for our customers but our employees too.

We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you’re looking for a place to make a real difference, read on.

The role

The focus of the role will be to contribute to the performance of the Brit Group by continuous monitoring of the reserving position and feeding back of recommendations into underwriting, finance, and claims.

You’ll be responsible for the Group’s reserving process ensuring compliance with both the Group’s Reserving Policy and any external regulatory requirements/standards. As well as this you’ll also be responsible for developing and maintaining a best-in-class Reserving process for the Group.

Whilst completing the above you will also be as a key point of contact for the Group in respect of all reserving related activities.

About you

As a Qualified actuary (FIA, FFA or equivalent) with extensive experience in London Market reserving you’ll use your experience of managing a team of qualified actuaries/students to ensure your success in this vacancy.

You’ll have strong commercial and financial insurance knowledge, combined with numerical and analytical skills with close attention to detail. This will allow you to be immediately credible and accepted by senior stakeholders, Board members and external audiences and ensure effective and concise communication of technical content and key messages to a broad range of audiences.

You’ll identify emerging issues and strategic opportunities; recommending and implementing change as required and with consideration of impact across all stakeholders.

You’ll be able to lead and inspire the Actuarial team and influence wider teams across the business to deliver group objectives.

Our culture

This opportunity comes along with a competitive salary, 27 days annual leave, optional private medical insurance, on target bonus and strong employer’s contributory pension, plus many more benefits. We also operate in a hybrid working capacity meaning you can collaborate in the London office as well as enjoy the ability to work from home.

Inclusion & Diversity is at the heart of our business at Brit. We recognise that diversity in age, race, gender, ethnicity, sexual orientation, physical ability, thought and social background bring richness to our working environment. No matter who you are, where you’re from, how you think, or who you love, we believe you should be you.

You’ll get a highly competitive remuneration and benefits package. This is kept under constant review to make sure it stays relevant. We understand the power of saying thank you and take time to acknowledge and reward extraordinary effort by teams or individuals. If this sounds like a role and a culture that appeals to you, let us know. Apply now!

Company benefits

Shared parental leave
Enhanced paternity leave
Enhanced maternity leave
Adoption leave
Health insurance
Dental coverage
Non-contributory pension
Annual bonus
Share options
Season ticket loan
Life assurance
Cycle to work scheme
Faith rooms
Pregnancy loss leave
Fertility treatment leave
Carer’s leave
Open to job sharing
Open to part time work for some roles
Gym membership
Compassionate leave
Menstrual leave
Bank holiday swaps
Volunteer days
Employee assistance programme
Salary sacrifice
Charity donation scheme
L&D budget
Enhanced sick pay
Enhanced sick days
Mental health platform access
Location
68%
Employees are largely happy with their working location freedom
Hours
70%
Employees are largely happy with the flexibility in the hours they work
Benefits
67%
Employees are largely happy with the benefits their company offers
Work-life balance
65%
Employees feel that they can switch off quite easily from work
Role modelling
67%
Employees feel that most people work flexibly
Autonomy
78%
Employees feel that they can mostly manage how they get their own work done

Working at Brit Insurance

Company employees

Approximately 650

Gender diversity (male:female)

Approximately 2:1

Office locations

London & Bermuda

Hiring Countries

Bermuda
United Kingdom

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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