Overview

Senior Actuarial Analyst

Permanent

Our client is looking to hire a Senior Actuarial Analyst to join their team in London on a Permanent basis.

Ref: 49237

  • Location: London
  • Category: Non-life Actuarial
  • Type: Permanent
  • Pay Range: Up to £55k

Overview

Key Duties:

  • Carry out and peer review elements of the quarterly and monthly reserve review exercises carried out across the team, as well as additional claims related analysis
  • Ensure production of analysis of Claims performance, identifying trends and features, producing claims projection models, which includes the interpretation and communication of suitable recommendations to Senior Management
  • Working on ad hoc pricing projects with the overall aim of having a direct impact on profitability
  • Leading the departments thinking in the pro-active use of data available and wider insurance business awareness to support the underwriting and claim functions in identifying areas of interest
  • Assist in the development and maintenance of effective statistical models and MI in relation to the company’s underwriting performance and pricing strength
  • Assist in the presentation of statistics and reports to Management
  • Model, interpret and monitor business data to identify and confirm market trends, niche product opportunities and new/changing rating factors
  • Make recommendations to Underwriters and Senior Management based on this analysis
  • Provide professional actuarial input in the development and launch of new products

Qualifications required:

  • Part/nearly qualified actuary with a minimum of 3 years of relevant work experience
  • A degree level mathematics/ statistics or equivalent

Experience required:

  • Experience in reserving and/or pricing of general insurance lines ideally Motor based
  • A high level of understanding of modern actuarial and statistical modelling techniques is essential.
  • Claims Reserving software, for example ResQ
  • Database and programming packages, for example SAS

Consultant

Ross Watts

Consultant – General Insurance

T: +44 (0)203 861 5171

Email me

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