Reserving Actuary
SiriusPoint is a Bermuda-headquartered specialty underwriter providing insurance and reinsurance solutions to clients and brokers globally. It serves clients through primary insurance, reinsurance, and programs & MGA partnerships across Property & Casualty and Accident & Health lines.
About SiriusPoint
SiriusPoint is a specialty underwriter providing solutions to clients and brokers around the world, offering security and resilience in an uncertain market. The company underwrites primary insurance across a growing number of sectors, acts as a global reinsurer from its North America, Bermuda and European hubs (including Lloyd's Syndicate 1945), and is a leading carrier for program administrators and managing general agents partnering with casualty and specialty lines programs worldwide. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, SiriusPoint is listed on the New York Stock Exchange (SPNT) and holds licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. With over $3.0 billion total capital, its operating companies carry financial strength ratings of A from AM Best, Fitch and S&P, and A3 from Moody's, and its offering is strengthened by strategic partnerships with Managing General Agents and program managers.
Skills
About the Role
You will play a key role in supporting the quarterly actuarial reserving process for the Syndicate, reporting to the Head of International Reserving. You will deliver robust reserving analysis, support Solvency II Technical Provisions, and ensure high-quality management and regulatory reporting for SiriusPoint, SiriusPoint London Branch, and Lloyd's. You will work closely with actuarial, underwriting, claims, exposure management, capital, and external stakeholders to provide clear insight, strengthen reserving MI, and support audit and validation requirements. You will have the opportunity to contribute to the continued development of the reserving function, with a focus on technical excellence, process efficiency, and adapting to the evolving needs of the business.
Requirements
- Excellent academic record and degree level qualification
- Qualified actuary, or nearly qualified actuary, with a recognised professional actuarial society
- Solid General Insurance reserving experience and understanding of the Solvency II regulation is a merit
- Previous reserving experience in the Lloyds market would be beneficial
- Interest in data processing and database structure
- Working knowledge in tools such as SQL, Power-BI and ResQ is a merit
- Strong written English communication and presentation skills
- Excellent relationship building and interpersonal skills
- Ability to work independently within a multicultural organization
Responsibilities
- Undertake reserving analysis and peer-review work of less experienced resources
- Calculate Solvency II Technical Provisions in line with relevant guidance and external reporting requirements
- Present the results of the reserving analysis and technical provision calculation to management
- Work collaboratively to meet management and regulatory reporting requirements for the Syndicate, including for SiriusPoint, SiriusPoint London Branch and Lloyd's
- Contribute to the development of the reserving process with a focus on efficiencies and adapting to wider business changes
- Liaise with pricing actuaries, exposure management, claims management and underwriters to ensure reserving MI is kept up-to-date
- Work with external parties such as auditors, consultants and Lloyd's to support the Syndicate's external audit and validation processes
- Assist the Capital team with reserving data and parameters inputs for the Internal Model, particularly Reserve Risk
- Perform all duties in line with the FCA Individual Conduct Rules as documented in the Employee Handbook