Actuarial Analyst

The Role – Actuarial Analyst

Working within a rapidly growing global team of over 100 risk consultants, this role will centre on providing actuarial model-based insurance optimisation and captive optimisation advice to a wide range of corporate clients worldwide.

You will be eager to grow the depth and breadth of your actuarial modelling capabilities and possess the innovation and problem-solving abilities required to develop bespoke, often complex models for our clients.

This role offers a stimulating, internationally focused opportunity to enhance your actuarial capabilities and develop your project management and client-facing skills. Following qualification, you can look forward to business development and management opportunities.

What you will do

P&C Pricing and Optimisation

• Help clients optimise their insurance strategy by ensuring that the price they pay is optimum for the level of risk being transferred.
• Construct forward-looking actuarial loss forecast models for corporations across all geographies and industries.
• Produce strategic recommendations based on model results to help clients manage their risks more effectively.

Capital Modelling and Solvency II

• Provide an objective view of the profitability and financial strength of captive insurers.
• Actively contribute to the Actuarial Function of these Captive Insurers and review their Solvency Capital Requirements (SCR) and Technical Provisions (TPs) periodically.
• Assist in developing assumptions and challenge them where required to ensure a robust risk management framework.
• Support ongoing compliance with regulations and timely completion of regulatory returns across various domiciles.

P&C Reserving

• Work collaboratively with colleagues to produce actuarial reserving analysis for both corporate clients and captive insurance clients.
• Write client deliverables and reports in a clear, concise, and appropriate style.

Aside from the core activities described above, the successful candidate will also be expected to assist with ad-hoc projects which could include, but are not limited to:

• Bespoke modelling.
• Development of modelling tools.
• Assisting with client pitches and Request for Proposals (RfPs).
• Researching prospects and markets.
• ERM projects.

The successful candidate will receive training and study support within a stimulating, multi-disciplined team of actuaries and other risk professionals to develop their technical, commercial, and management skills.

Qualifications

Essential Requirements for the Role

• Highly numerate with a recognised degree.
• Spoken and written English must be at native speaker level. Spanish would be a bonus.
• A commitment to pursuing actuarial qualifications.
• Excellent MS Office skills.
• Proficiency in one of R/R Shiny, Python, Power BI, RADAR, Igloo, or ResQ.
• Strong communication skills.
• A natural team player, ready to deliver high-quality services to clients on time.
• Willingness to travel.