Reserving Analyst/Actuary - Career Returner
London Fixed Term Contract - Full Time On Site #### About us The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group. Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns. #### The role We are seeking a skilled and motivated Reserving Actuary/Analyst with solid insurance market experience and technical capabilities. This role offers hands-on involvement in core reserving processes and regulatory reporting. It presents an exciting opportunity to contribute to the growth of recently launched Lloyd’s operation and gain exposure to the wider actuarial functions of TFP. Joining a growing team led by a Senior Actuary, the Reserving Analyst will work across a broad range of lines of business and collaborate closely with underwriters, pricing actuaries, and CAT modelers across our UK, Ireland, and Bermuda offices. The wider actuarial function operates as a cohesive unit, with the majority of the team based in the City of London, providing ample opportunity to develop cross-functional expertise. #### Key accountabilities Reserving \& Reporting Support the quarterly reserving process, including setting assumptions, calculating reserves, and drafting associated reports and presentations. Contribute to presentations for the quarterly Reserving Committee. Support event reserving and TFP’s Event Response process. Project \& Cross-Functional Work Assist with quarterly capital modelling using rating agency models (e.g., BCAR and AM Best). Contribute to the annual business planning and Syndicate Business Forecast (SBF) process. Help enhance and streamline data processes and structures. Develop analytics dashboards and internal reports to monitor reserving insights and communicate findings across the business. Lines of Business Exposure across all three pillars of the business: Bespoke, Reinsurance, and Specialty. #### Skills \& experience Minimum of 3-5 years (Analyst) / 5+ years (Actuary) of relevant reserving experience. Degree in Mathematics, Science, Economics, or another numerate discipline Strong academic background and analytical mindset. Practical reserving experience in the London or Bermuda markets, including: Setting IELR and development pattern assumptions Large and natural catastrophe loss estimation Method selection, AvE analysis, and variance explanation Documentation and justification of reserve movements Experience drafting reserving-related reports (e.g., reserving committee packs, board reports, actuarial function reports). Proficiency in Excel; VBA or SQL experience is advantageous. Familiarity with analytics tools such as Power BI, Spotfire, or Tableau is a plus. Excellent attention to detail and ability to manage multiple priorities. Strong critical thinking and data interrogation skills. Collaborative team player with the ability to work independently. Able to produce high-quality work to tight deadlines. Office-based role (5 days per week presence required). #### Other The Fidelis Partnership Ethos At The Fidelis Partnership, we aim to be different while making a difference. We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence. Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space. We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader. We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals. We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity \& Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide. Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve. Diversity, Equity \& Inclusion Diversity \& Inclusion in the workplace Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups We aim to maintain a focus on equal opportunities across all stages of hiring process * We measure and minimise the pay gap where possible. Bring Your Whole Self to Work Our vision is for a workplace culture where differences are valued and where diversity of background, experience and thought are welcomed. We want to create an environment where all employees, regardless of who they are, are given equal opportunities for career progression and enjoy fair reward from their and The Fidelis Partnership's successes. This will be driven by a workforce that embraces Diversity \& Inclusion at every level, in every department across The Fidelis Partnership. To ensure that all candidates have a fair opportunity to show their abilities during the recruitment process, adjustments may be required. If your physical or mental health or disability may necessitate an adjustment, please contact fidelis@avenciaconsulting.com to discuss. All information relating to your health or disability will be treated in accordance with our data protection policy. Apply by 02/03/2026 Reference: FID01795