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    1. Home
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    3. Financial Services
    4. Reserving Actuarial Internship 2025
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    The jobholder will be an ambitious Intern who wants to work as part of an established Reserving team, providing a wide range of actuarial reserving services for Lloyd’s and non-Lloyds entities. A key part of the role will be working on quarterly reserving, assisting on a wide variety of Reserving Projects.

    Responsibilities

    • Assist in the analysis of the technical reserves on a quarterly basis for multiple lines of business
    • Assist with reserving projects, such as automation of current processes and modelling of specific lines of business
    • Assist with improvement of certain models, visualisation tools and dashboards
    • Annual review of the UK portfolio and contribute to the actuarial report for the various UK legal entities
    • Carry out regular or ad hoc studies for specific segments
    • Work closely with claims team, finance team, underwriters and underwriting management and other members of the actuarial team to develop, review and maintain appropriate tools and methodologies
    • Communicate with external Actuaries, Auditors and external regulators when required
    • Help enhance management information and reporting for Lloyd’s, PRA and ACPR
    • Communicate key movement/trends/events to the business on a quarterly basis, with opportunity to present at Management meetings and Reserving Committees

    Qualifications

    Required experience & competencies

    • Communication : Excellent interpersonal verbal and written skills that enable the candidate to communicate effectively with colleagues (especially underwriters), brokers and clients.
    • Integrity : the ability to make a principled stand where required. 
    • Independent : a thinker with an analytical mindset.
    • Flexibility : the ability to manage workload and prioritise different tasks.
    • Personality : a self motivator who is keen to learn and take on increasing responsibility over time.
    • Team work : Ability to work collaboratively with others in the Actuarial Team.

    Desirable

    • Excel, SQL, Tableau, PowerBI Python or other programming language skills an advantage. 

    Required Education 

    Strong educational track record, or equivalence