Actuarial Reserving Graduate
Location: London
Welcome to Hastings Direct – From our Group HR Director Pam Angel
We’re a digital insurance provider with ambitious plans to become the best and biggest in the UK market. We’ve made huge investments in our data and tech capabilities over the past few years, along with nurturing our 4Cs culture. We’re proud of the journey we’re on as a company and know that our continued success will rely on the contribution of our talented colleagues.
We provide insurance for over 4 million customers, but we know there’s even bigger opportunity out there. The fact you’re now reading this job advert means we’ve tempted you to find out more about #lifeatHD – we really hope you like what you see, and you’ll join us to share in the success of the exciting chapter that lies ahead.
Role overview:
Start your career as an Actuarial Graduate in Reserving at Hastings Direct. We’re looking for a highly motivated and intellectually curious individual to join our Group Actuarial Function. You will help estimate the cost of future claims for our Motor and Household insurance portfolios while developing strong actuarial and analytical skills. The function includes both Reserving and Capital Modelling teams, providing exposure to Solvency UK requirements. You will also contribute to the development of modern actuarial tooling, including Python and AI-driven solutions to automate processes and enhance analysis.
In this role, you will support the production of monthly and quarterly reserving analyses, including maintaining claims development triangles and contributing to the estimation of IBNR and ultimate claims costs using established actuarial techniques such as Chain Ladder and Bornhuetter-Ferguson. You will analyse and interpret trends in claims experience, working with large datasets through SQL to ensure robust and accurate outputs. Alongside this, you will help build and maintain reserving models and develop Python-based tools to enhance analysis and automate processes. There will also be opportunities to explore AI-enabled solutions and agent-based workflows to improve efficiency and insight generation. In addition, you will support capital reporting activities and develop an understanding of key capital drivers, while collaborating closely with teams across Pricing, Underwriting, Claims, and Finance to deliver joined-up, data-driven insights.
Requirements:
- A numerical or actuarial degree with first class (or predicted first class) honours.
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High analytical ability and attention to detail.
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Strong problem-solving skills.
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Clear communication skills.
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Understanding of actuarial concepts.
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Experience in data analysis or coding, preferably in Python and SQL
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Interest in Python for modelling and automation.
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Interest in AI and advanced analytics workflows.
Upon application, you will be sent out a link to complete some psychometric assessments through a platform called Harver, please complete these ASAP but before the closing date of the 19th of July.
Reward:
When you join Hastings Direct, you’ll be making a real contribution to our success. You deserve to share in that success, so alongside a competitive and flexible salary, we offer a benefits package that recognises and rewards your part in our growth.
- Flexible Working – We champion a flexible and hybrid working approach within a reasonable commutable distance so please speak to your recruiter to discuss in more detail, including days in the office and at home.
- Competitive Bonus Scheme (subject to company and personal performance)
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Healthcare cash plan and private medical insurance
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Pension matched up to 10%
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Free Mortgage Advice
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Access to the Thrive mental health app
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Colleague assistance programme
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25 days annual leave and social events throughout the year
Our 4Cs principles are simple: we believe by creating the right culture for our colleagues and giving them the right tools to do their job, we’ll deliver good outcomes for every customer, helping us to grow the company profitably and sustainably and allowing us to invest in the communities we serve
We deliver good outcomes for our customers every time by providing great products at the right price with our simple and straightforward service. We treat customers like we want to be treated - fairly, respectfully and with their best interests at heart
Hastings Group is an equal opportunities employer which means we treat people fairly. We welcome applications from all suitably skilled persons regardless of their gender, age, race, disability, ethnic background, religion/belief, sexual orientation, gender reassignment or marital/family status. Please also note that we have a thorough referencing process, which includes credit and criminal record checks.
At Hastings Direct, we’re committed to creating an inclusive environment where everyone has the opportunity to succeed. If you require any reasonable adjustments during the recruitment process, we encourage you to be open with us. Our recruitment team is here to provide the support you need to ensure a fair and accessible experience for all.
Job posting end date:
20/07/2026
