Actuarial Analyst – 28027

To assist the Lead Actuary in Bermuda in the provision of actuarial pricing support, working closely with the underwriting teams in London & Bermuda and support other Group functions in respect of pricing, business planning and other actuarial related activity as required.

• Location: London
• Category: Actuarial
• Type: Permanent

Key Duties (including but not limited to):

Pricing and Business Planning:

• Assist with and undertake the provision of actuarial pricing support to SVP underwriters in Bermuda and ensure there is an appropriate level of actuarial peer review.
• Assist with and undertake development of existing and new exposure and experience rating models using actuarial tools and techniques to quantify and evaluate risk factors in order to analyse the profitability of risks within the division.
• Collate data and undertake appropriate research, including analysis of market statistics, to assist the Bermuda underwriting teams with (re-)parameterisation of the pricing models developed, including benchmarking the models to the commercial marketplace.

Group:

• Provide contribution to Group-wide key underwriting capability projects relating to pricing or insurance risk parameterisation and any strategic initiatives as directed by Actuarial management.
• Provide contribution to the wider Actuarial team via input and insight to pricing or insurance risk parameterisation activities and departmental meetings.
• Commenced the actuarial exams, with a willingness to complete the full FIA qualification.
• Obtained a relevant, numerate degree (or equivalent) with a high overall grade and good overall educational passes at GCSE and A-Level (or equivalent).
• Experience of working in an analytical role at a P&C reinsurer or reinsurance broker is preferable.
• Excellent IT skills, particularly an advanced level of MS Excel. VBA, SQL, Python or similar coding experience is desirable.