Chicago IL

London

Graduate

Part Qualified

Associate

Qualified

Senior Actuary

Life

Health

Property & Casualty

Reserving

Reporting

Data

Risk

Systems

Python

Modelling

Data Science

Coding

Motor

Pricing

Machine Learning

Tyche

Capital

Consulting

Excel

ReMetrica

Igloo

Psicle

Actuarial Model Data EngineerLondon – Hybrid working, 2 days per week in the officeAt Direct Line Group, insurance is just the start. Combining decades of industry experience with talented people in every field from data, technology, customer care and auto repair, to HR, finance and procurement, we’re a customer-obsessed market powerhouse. We all work together to be brilliant for customers, every single day.Our Corporate Actuarial teams deal with risk on a billion-pound scale. They calculate the risks and potential claims from across the organisation using market-leading techniques to maximise profitability and ensure business-wide connection.What you’ll be doingThe purpose of this role is to support the Lead Data Engineer in developing and maintaining robust data solutions for the Actuarial reserving team.<ul><li>Support the Lead Data Engineer with the development of the data modelling systems.</li><li>Develop new integrations for Claims and policy data, ensuring controls and reconciliations are in place to ensure the robustness of data.</li><li>Undertake the testing of new interfaces using tools such as Python and SAS enterprise to reconcile and identify outliers.</li><li>Ensure adoption of best practices in terms of data procurement, version control, governance, and maintenance.</li><li>Ensure that data governance and controls are followed to maintain data integrity and robustness of the models.</li><li>Improve the quality of MI and manage competing MI/data requests.</li><li>Provide analytical support and insight to inform business decisions and strategy, ensuring robustness of output.</li><li>Deliver specific tasks and projects in a timely and accurate manner, providing insights, impacts, and recommendations.</li><li>Identify opportunities for improvements to enable tasks to be performed more efficiently.</li><li>Monitor the effectiveness of models on an ongoing basis and suggest areas for development.</li><li>Interact effectively with peers in other areas to improve knowledge sharing and understand the impacts of your work.</li><li>Build knowledge of reserving and capital modelling systems and processes; develop your business and market knowledge.</li><li>Reinforce the culture and core values of DLG Insurance through appropriate behaviours and actions.</li><li>Comply with all relevant legal, regulatory, and risk management frameworks.</li><li>Own and manage risks appropriate to the role in line with the DLG Insurance risk framework.</li></ul>What you’ll need<ul><li>Relevant work experience within a data analytical role.</li><li>Good understanding of data quality principles.</li><li>Working knowledge and experience in the use of SAS, R, or Python (coding and writing data manipulation).</li><li>Experienced SQL developer.</li><li>Experience in the use of analytical tools and techniques for analysing large datasets.</li><li>Strong mathematical and Excel skills.</li><li>Passionate about modelling development, data science, and machine learning techniques.</li><li>Understanding of process orchestration, workflow, and ETL tools.</li><li>Understanding of Claims Analytics would be beneficial but not essential.</li><li>Experience using Psicle, Tyche, or other Actuarial modelling tools would be beneficial but not essential.</li></ul>BenefitsWe offer excellent benefits to suit your lifestyle and a flexible working model combining the best parts of home and office-working. Core benefits include:<ul><li>9% employer contributed pension.</li><li>50% off home, motor, and pet insurance plus free travel insurance and breakdown cover.</li><li>Up to 10% annual bonus.</li><li>25 days holiday (rising by 1 each year to 28) + bank holidays and the option to buy or sell up to 5 days.</li><li>Additional optional Health and Dental insurance.</li><li>EV car scheme allows all colleagues to lease a brand new electric or plug-in hybrid car in a tax-efficient way.</li><li>Buy as you earn share scheme.</li><li>Employee discounts and cashback.</li><li>Plus many more.</li></ul>Ways of WorkingOur hybrid model offers a 'best of both worlds' approach, combining home and office-working, providing flexibility for everyone. Most colleagues are in 2 days a week, and we’ll consider the flexible working options that work best for you.There’s no one else like you. That’s why you could belong here. As part of a team of brilliant individuals, you will be empowered to be the best you can be. We’re proud of who we are and what every single one of us brings.Join us. Help us keep innovating and putting customers at the heart of everything.Together we’re one of a kind.

Senior Actuarial Consultant – Capital Modeling, P&C InsuranceDo you want to address the capital modeling challenges faced by insurers?Do you want to work as part of a team developing cutting-edge systems for the insurance and reinsurance market?This is a fantastic opportunity for an experienced insurance practitioner to join a collaborative, friendly, dynamic working environment, with the chance to work with high-profile clients.It is a hybrid role that can offer flexibility to work both virtually and from our Chicago office.What the day will look likeWe are looking for a highly motivated individual to join our Risk and Capital Modeling Technology team, which delivers high-quality solutions and projects to support our colleagues and clients.As a key member of our team, you will play a vital role in meeting the expectations of our clients and enhancing Aon’s Capital Modelling Solution Suite, focusing predominantly on the Tyche Capital Model (‘TCM’) and ReMetrica tools.The successful candidate will have strong technical skills, enjoy product development/coding, and work with both clients and team members on bespoke model builds.In addition, they would possess exceptional communication skills and have a capital modeling background.Day-to-day activities will include:<ul><li>Model development:</li></ul>Working in a multi-disciplinary team to design, implement, and review capital modeling solutions for (re)insurers.Leading the development work on new initiatives, including project planning/governance and performing coding tasks as required.Staying up to date on all development work and new software features.<ul><li>Client delivery and prospecting support:</li></ul>Liaising with clients to gather business requirements on bespoke model builds and perform development tasks as the technical leader.Assisting in onboarding new clients and implementation projects, working with the US P&C Actuarial Consulting team and the Platform Delivery team.Delivering demos of Tyche and TCM to prospects and existing clients.Supporting prospecting of new opportunities through trials.<ul><li>Team-centric outlook:</li></ul>Collaborating with other team members, including those in the London office.Supporting and training users of our systems.Communicating (written and verbal) with internal key stakeholders and clients.Required Qualifications<ul><li>5+ years of experience in the P&C Insurance sector in an actuarial role.</li><li>2+ years of experience in the P&C Insurance sector in a risk and/or capital modeling role.</li><li>2+ years of experience in coding (Python, SQL desirable) and developing modeling solutions.</li><li>Technical knowledge of capital modeling techniques.</li></ul>Education: Bachelor’s degree in Actuarial Science, Mathematics, Statistics, a related field, or equivalent years of industry experience.Skills and experience that will lead to success<ul><li>Knowledge of rating agency and/or regulatory capital modeling framework(s).</li><li>Knowledge of stochastic financial modeling software.</li><li>Knowledge of Tyche would be advantageous.</li><li>Experience leading and managing development projects and/or teams.</li></ul>How we support our colleaguesAon offers a comprehensive package of benefits for full-time and regular part-time colleagues, including a 401(k) savings plan with employer contributions; an employee stock purchase plan; medical, dental and vision insurance; paid time off, including 12 paid holidays throughout the calendar year; and short-term disability.In addition to our comprehensive benefits package, we encourage a diverse workforce. Our agile, inclusive environment allows you to manage your wellbeing and work/life balance.We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law.Aon values an innovative, diverse workplace where all colleagues feel empowered to be their authentic selves. Aon is proud to be an equal opportunity workplace.Pay Transparency Laws:The salary range for this position is $125,000 to $150,000 annually. The actual salary will vary based on the applicant’s education, experience, skills, and abilities, as well as internal equity and alignment with market data.This position is eligible to participate in one of Aon’s annual incentive plans to receive an annual discretionary bonus in addition to base salary.

Hybrid working with 3-4 days per week working from homeSalary circa £50K per annum dependent upon experienceWe consider all types of flexibility, including locations, hours and working patterns.We make health happen:Our Actuarial teams play a key role in helping us deliver on our strategy. Whether your focus is pricing, reserving, modelling or another area, we believe in allowing our colleagues to work in a way that suits them.Your input will support Bupa to deliver on our purpose, helping people live longer, healthier, happier lives.We are looking for a Capital Modelling Actuarial Analyst to join our Group Actuarial team.How you’ll help us make health happen:As an experienced actuarial analyst, you will gain experience of the wider aspects of health insurance and provision business beyond the UK.You’ll draw on your analytical skills to support the Senior Capital Actuary to deliver key Group Finance &amp; Governance outcomes:<ul><li>Efficient, consistent and compliant actuarial capital modelling processes are in place and embedded throughout Bupa globally.</li><li>Bupa’s Board and Executive are provided with actuarial analysis and insight to support business steering and transaction assessment.</li><li>Bupa has appropriate actuarial capabilities to achieve Bupa’s purpose.</li></ul>This is a broad role in which you will collaborate with many other teams across Bupa’s global businesses and enjoy significant exposure to our senior leadership.As a Capital Modelling Actuarial Analyst, you will support the actuarial work to meet the following objectives:<ul><li>Improvement of delivery of Bupa’s Economic Capital Assessment (ECA), with particular emphasis on the calculation and analysis of economic capital, risk calibrations, stress and scenario testing and the assessment of capital risk appetite.</li><li>Deliver the Economic Capital Assessment for reports to the Executive, Board and Bupa’s regulators.</li><li>Support the implementation of initiatives to improve the economic capital modelling capabilities of Bupa and to ensure regulatory compliance.</li><li>Support the implementation of initiatives to accelerate revenue growth and optimise Bupa’s risk profile.</li><li>Be familiar with capital adequacy regulations to ensure Bupa complies with all relevant regulatory requirements.</li><li>Produce an environment of continuous improvement to ensure that all actuarial work is conducted to the highest possible standard.</li><li>Continually engage with the actuarial community across the group to enable efficient development, communication and sharing of knowledge.</li></ul>Additional experiences and skills we are looking for:<ul><li>Part-qualified Actuary (4-7 exam passes IFOA) with experience in general insurance, life &amp; health insurance, or consultancy.</li><li>Significant modelling and regulatory reporting experience, and strong understanding of Solvency II regulations.</li><li>Excellent knowledge of Excel, Word and PowerPoint; proficiency in coding using Python and/or R is desirable but not essential.</li><li>Aon ReMetrica, Tyche or Igloo modelling knowledge is an advantage but not essential.</li><li>Excellent written and oral communication skills, including experience in the preparation of presentations and papers for Executives and Boards.</li><li>Good understanding of financial controls, validation and importance of data integrity.</li><li>Strong focus on detail and accuracy.</li><li>Proactive mindset and ability to work independently.</li><li>Strong ability to manage and prioritise day-to-day activities as delegated.</li><li>Ability to coach junior members of the team.</li><li>Ability to adapt to changing and ambiguous situations whilst delivering high quality results.</li></ul>BenefitsOur benefits are designed to make health happen for our people. Viva is our global wellbeing programme and includes all aspects of our health.Joining Bupa in this role you will receive the following benefits and more:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell.</li><li>Bupa health insurance as a benefit in kind.</li><li>An enhanced pension plan and life insurance.</li><li>Annual performance-based bonus.</li><li>Onsite gyms or local discounts where no onsite gym available.</li><li>Various other benefits and online discounts.</li></ul>Why Bupa?We’re a health insurer and provider. With no shareholders, our customers are our focus. Our people are all driven by the same purpose – helping people live longer, healthier, happier lives.We encourage all of our people to “Be you at Bupa”, we champion diversity, and we understand the importance of our people representing the communities and customers we serve.Bupa is a Level 2 Disability Confident Employer. This means we aim to offer an interview/assessment to every disabled applicant who meets the minimum criteria for the role.

Location: Angel Court, London / Hybrid working with 1-2 days per week in London officeSalary: £70,000 base, 10% bonus, Pension, Private Medical InsuranceWe’re a leading health insurer and healthcare provider, with care homes, health centres, dental practices and a hospital. With no shareholders, our customers are our focus. We reinvest profits into providing more and better healthcare for the benefit of current and future customers. Your input will support Bupa to deliver on our purpose, helping people live longer, healthier, happier lives.Bupa has 43 million customers globally and revenue in 2022 was circa £14 billion. Passionate about sustainability, Bupa’s ambition is to be net-zero by 2040.We are looking for a nearly or newly qualified Capital Actuary to join our Group Actuarial team at Bupa’s London office. This is a broad role in which you will enjoy significant exposure to our senior leadership teams at Bupa – including our Chief Actuaries and Finance Directors. Further, you will build strong relationships with our global business areas.Responsibilities:<ul><li>Plan and deliver the annual capital assessment including developing and maintaining the Economic Capital Model for Bupa Group and Bupa Insurance entity, with particular emphasis on the methodology, risk calibration, dependency/aggregation, validation and analysis of economic capital requirements.</li><li>Assist the modelling and risk calibrations update process, maintain the model documentations and prepare reports of the modelled results in line with Bupa Enterprise Risk Policies and Standards.</li><li>Prepare the analysis and associated investigations to risk calibration models, participate in workshop discussions with key stakeholders in both insurance and healthcare provision businesses.</li><li>Implement modelling changes to the Capital Modelling platform (Aon ReMetrica) and ensure the underlying change processes are properly controlled, documented and reliably produce required outputs.</li><li>Support the development and embedding of Economic Capital models across Bupa, enabling the capital models to be used as a tool to support business decisions including risk appetite review, investment strategy, capital allocation, capital optimisation and business scenario analyses.</li><li>Analyse capital adequacy regulations to ensure Bupa complies with all relevant regulatory requirements; drive continuous improvement in capital models, data transformation, methods and assumptions, process and controls</li><li>Prepare the capital requirements reporting content for reports to the Executive, Board and Bupa's regulators e.g. ORSA, SFCR</li><li>Develop business solutions to challenges and opportunities that arise</li></ul>Requirements:<ul><li>Newly / nearly qualified Actuary (e.g. IFoA)</li><li>General, Health or Life Insurance background</li><li>Previous exposure to capital modelling techniques and reporting</li><li>Aon Re-Metrica or Aon Tyche software knowledge is an advantage, but not essential</li><li>Gravitas to engage with Executive leaders at Bupa</li><li>Proactive mindset, ability to work independently</li><li>Ambition and drive!</li></ul>Benefits at BupaOur benefits are driven by what matters to our people. It’s important to us that these benefits support a work-life balance that keeps people healthy, both mentally and physically. Benefits include:<ul><li>25 days holiday, increasing through length of service, with option to buy or sell</li><li>Bupa health insurance as a benefit in kind</li><li>An enhanced pension plan &amp; life insurance</li><li>Annual performance-based bonus</li><li>Various other benefits and online discounts</li></ul>Diversity and InclusionHere you’ll be welcomed. We champion diversity and we understand the importance of our people representing the communities and customers we serve. You’ll find an inclusive environment where you can be yourself and where everyone is driven by the same purpose – helping people live longer, healthier, happier lives.Bupa is committed to making sure that every applicant is assessed solely on personal merit and qualifications. We actively celebrate the diversity of our colleagues and provide an inclusive environment so you can bring your true self to Bupa. We’ll make sure you are treated fairly regardless of disability or circumstance. That’s why we’re happy to offer reasonable adjustments as part of our recruitment process to anyone that needs them.

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