Senior Risk Actuarial Analyst

4 weeks ago

London, United Kingdom Hiscox Ltd Full time
Job Type:
Permanent

Build a brilliant future with Hiscox

Senior Risk Actuarial Analyst

Reporting to the Lead Risk Actuary

London-based, with Hybrid working

We are looking for someone with experience in the traditional reserving, capital or pricing disciplines, combined with a strong commercial mindset. We will make the most of the experience you bring to Hiscox but you'll also have the opportunity to learn beyond your existing knowledge as well as developing your softer skills.

Our work is varied; you will do well in our team if you are able to quickly understand problems and create and implement solutions, blending technical ability with a degree of pragmatism.

You'll play a key role in delivering insights and challenge to the business as part of Hiscox Group's Risk Management Framework. In this role you will be performing second line analytical work across insurance, market, operational and credit risk, including delivering Internal Model validation across the Group. You will also support the team in quantitative and actuarial areas of the risk management framework such as stress and scenario testing, risk appetite, specific risk reviews and regulatory reporting. The team produces high profile reporting that is seen by Executives, Boards and Risk Committees both at a Group level and for subsidiary legal entities.

We operate within a complex Group framework which will give you exposure to different regulatory regimes operating across multiple jurisdictions and to all key business functions. With a focus on Hiscox's Lloyd's Syndicates and Group you will obtain insight into the business that is not typically seen in more traditional actuarial roles.

What you'll be doing:
  • Under the guidance of the Lead Risk Actuary, carry out internal model validation testing in line with regulatory and Board requirements. You will be involved in:
    • Performing and/or reviewing validation tests for all components of the Hiscox Internal Model.
    • Producing analysis and providing challenge to give the legal entity Boards confidence that the Hiscox Internal Model is accurately capturing the risks that they're exposed to.
    • Produce near final drafts of validation documentation for consumption by model owners, governance committees, the Executive, Boards / Risk Committees and regulators.
    • Ensuring validation processes, outputs and documentation reflect tangible improvement and enhancement from previous cycle.
  • Support mandatory and ad-hoc second line risk reviews conducted across Hiscox Group's legal entities and business functions. No two reviews are the same and you will use a broad range of analysis, problem solving and research skills to drive insights and provide challenge to the first line. Examples of previous risk reviews include deep dives into Internal model risk areas, reviews of the Business Plan, Standard Formula capital calculations, reinsurance strategy, exposure modelling and reserving practices.
  • Support and improve stress and scenario testing and risk appetite monitoring across the Group by helping to collect, analyse and interpret data.
  • Support the production of regulatory processes and submissions, including ORSAs, ad-hoc risk MI and risk monitoring and reporting.


Our must haves:
  • Part Qualified / Nearly Qualified Actuary with experience at an insurance company or consultancy in a validation or traditional actuarial role.
  • Knowledge of key risk types as applicable to retail / commercial (re)insurance.
  • Understanding of Solvency II and equivalent regulatory actuarial and risk requirements and related reporting.
  • Experienced in capital modelling through either experience or actuarial exams is highly desirable.
  • Excellent communication skills with the ability to put forward constructive challenge to senior colleagues in a confident, credible, collaborative and non-contentious manner.
  • Experience of working closely with stakeholders and an ability to build strong working relationships.
  • A numerical based degree or equivalent qualification with strong quantitative and analytical skills.


Diversity and flexible working at Hiscox

At Hiscox we care about our people. We hire the best people for the job and we're committed to diversity and creating a truly inclusive culture, which we believe drives success. We also understand that working life doesn't always have to be 'nine to five' and we support flexible working wherever we can. No promises, but please chat to our resourcing team about the flexibility we could offer for this role.

We've introduced new hybrid ways of working to encourage a healthy work life balance. We anticipate the successful candidate for this role will be in the office c. 2-3 days per week. Our London office will be your hub where team & collaboration time will take place.

We see it as the best of both worlds: structure and sociability on one hand, and independence and flexibility on the other.

#Li-AS1

Work with amazing people and be part of a unique culture

  • Senior Analyst

    1 month ago

    London, United Kingdom Oliver James Full time

    Investment management and pension services provider for public sector pension funds seeking a Senior Analyst across Actuarial and Funding Risk in their London office Oliver James are pleased to be working with an investment management and pension services provider for public sector pension funds in their search for a Senior Analyst across Actuarial and...

  • Actuarial Analyst + Senior Analyst

    6 days ago

    City of London, Greater London, United Kingdom Oliver James Associates Ltd. Full time

    Leading mid-sized consultancy in their search for a Actuarial Analyst or Senior Actuarial Analyst to join their actuarial technical team | Those wanting to stop sitting actuarial exams also welcome to apply Oliver James are pleased to be working with a leading mid-sized consultancy in their search for a Actuarial Analyst or Senior Actuarial Analyst to join...

  • Actuarial Analyst + Senior Analyst

    1 month ago

    London, United Kingdom The Emerald Group Full time

    This Senior Actuarial Analyst role is mixed with a focus on Reserving and Capital. There is continuous communication with all areas of the business as well as senior management. Location: London/Hybrid Category: Non-life Actuarial Type: Permanent Underwriting and claims analysis; detailed analysis of both premiums and claims data to identify...

  • Senior Actuarial Analyst

    1 month ago

    London, United Kingdom Compre Group Full time

    Senior Actuarial Analyst (Reserving & Reporting) Actuarial Employment Type: Permanent - Full Time Senior Actuarial Analyst (Reserving & Reporting) - London [hybrid, 2 days minimum in office] Permanent We are Compre,a leading legacy specialist with over 30 years of experience in the acquisition and management of discontinued and legacy non-life...

  • Senior Actuarial Analyst

    1 month ago

    London, United Kingdom Aon Corporation Full time

    Senior) Cyber Actuary Aon is currently recruiting a (Senior) Cyber Actuary to join our team in London. The (Senior) Cyber Actuary will be responsible for elevating Aon's ability to deliver market-leading cyber actuarial and reinsurance analytics to a greater number of clients globally. You will also take a lead role in supporting the development of junior...

  • Senior Actuarial Analyst

    1 month ago

    London, United Kingdom High Finance (UK) Limited TA HFG Full time

    We have partnered with a leading Lloyd's syndicate to find them a Senior Reserving Analyst to join their rapidly growing reserving team. This role includes but is not limited to the following duties: - Oversee and collaborate on group-wide reserving projects. - Reserve and underwriting risk parameter analysis to aid in the quantification of key inputs to...

  • Senior/Actuarial Analyst Actuarial Technical Team

    17 hours ago

    London, United Kingdom Oliver James Full time

    Leading mid-sized consultancy in their search for a Actuarial Analyst or Senior Actuarial Analyst to join their actuarial technical team | Those wanting to stop sitting actuarial exams also welcome to apply Oliver James are pleased to be working with a leading mid-sized consultancy in their search for a Actuarial Analyst or Senior Actuarial Analyst to join...

  • Actuarial Risk Analyst

    1 week ago

    London, United Kingdom Miryco Consultants Ltd Full time

    Miryco Consultants are working with a well respected London Market Insurer, assisting in the search to add a Risk Analyst to their team. This vacancy presents a great opportunity for a Capital Actuary interested in moving to risk within a top tier London market insurer. Support the delivery of the Own Risk and Solvency Assessment (ORSA) for insurance and...

  • Actuarial Risk Analyst

    4 days ago

    London, United Kingdom Miryco Consultants Ltd Full time

    Job Description Miryco Consultants are working with a well respected London Market Insurer, assisting in the search to add a Risk Analyst to their team. This vacancy presents a great opportunity for a Capital Actuary interested in moving to risk within a top tier London market insurer. Support the delivery of the Own Risk and Solvency Assessment (ORSA) for...

  • Senior Risk Analyst

    7 days ago

    London, United Kingdom FJN Solutions Full time

    Senior Risk Analyst - 15 Month Maternity Cover - Hybrid Operating in worldwide commercial and corporate lines, our client is looking for a Senior Risk Analyst with a strong analytical/ actuarial background for their UK branch. This is a 15 month maternity cover contract and will cover a wide spectrum of Risk Management activities. Experience: * Multiple...

  • Senior Risk Analyst

    7 days ago

    London, United Kingdom FJN Solutions Full time

    Senior Risk Analyst - 15 Month Maternity Cover - HybridOperating in worldwide commercial and corporate lines, our client is looking for a Senior Risk Analyst with a strong analytical/ actuarial background for their UK branch. This is a 15 month maternity cover contract and will cover a wide spectrum of Risk Management activities.Experience: * Multiple years...

  • Senior Risk Actuarial Analyst

    1 month ago

    London, United Kingdom Hiscox Full time

    Job Type: Permanent Build a brilliant future with Hiscox   Senior Risk Actuarial Analyst Reporting to the Lead Risk Actuary London-based, with Hybrid working We are looking for someone with experience in the traditional reserving, capital or pricing disciplines, combined with a strong commercial mindset. We will make the most of the...

  • Senior Compliance and Risk Analyst

    6 days ago

    London, United Kingdom FJN Solutions Full time

    Senior Risk Analyst - 15 Month Maternity Cover - Hybrid Operating in worldwide commercial and corporate lines, our client is looking for a Senior Risk Analyst with a strong analytical/ actuarial background for their UK branch. This is a 15 month maternity cover contract and will cover a wide spectrum of Risk Management activities. Actuarial and...

  • Senior Risk Analyst

    2 days ago

    London, United Kingdom FJN Recruitment Solutions Full time

    Senior Risk Analyst – 15 Month Maternity Cover – Hybrid Operating in worldwide commercial and corporate lines, our client is looking for a Senior Risk Analyst with a strong analytical/ actuarial background for their UK branch. This is a 15 month maternity cover contract and will cover a wide spectrum of Risk Management activities. Experience: ...

  • Senior Actuarial Analyst

    1 month ago

    London, United Kingdom Eames Consulting Full time

    Excellent opportunity to join a leading Consultancy on their Technical Team as a Senior Actuarial Analyst with multiple UK office bases available. This role will suit those who are perhaps looking to move away from a consulting role to focus on the more technical aspects of Actuarial work, as well as those who have given up sitting exams (study support is...

  • Senior Risk Analyst

    3 days ago

    London, United Kingdom FJN Solutions Full time

    Job Description Senior Risk Analyst - 15 Month Maternity Cover Operating in worldwide commercial and corporate lines, our client is looking for a Senior Risk Analyst with a strong analytical/ actuarial background for their UK branch. This is a 15 month maternity cover contract and will cover a wide spectrum of Risk Management activities. Experience: ...

  • Senior Risk Analyst

    4 days ago

    London, United Kingdom FJN Solutions Full time

    Senior Risk Analyst - 15 Month Maternity Cover Operating in worldwide commercial and corporate lines, our client is looking for a Senior Risk Analyst with a strong analytical/ actuarial background for their UK branch. This is a 15 month maternity cover contract and will cover a wide spectrum of Risk Management activities. Experience:Multiple years experience...

  • Senior Risk Analyst

    4 days ago

    London, United Kingdom FJN Solutions Full time

    Senior Risk Analyst - 15 Month Maternity Cover Operating in worldwide commercial and corporate lines, our client is looking for a Senior Risk Analyst with a strong analytical/ actuarial background for their UK branch. This is a 15 month maternity cover contract and will cover a wide spectrum of Risk Management activities. Experience:Multiple years experience...

  • Actuarial Analyst + Senior Analyst

    3 weeks ago

    London, United Kingdom HFG Insurance Recruitment Full time

    This role is ideal for an actuarial analyst with reserving experience looking to gain exposure to a dynamic environment and see how their work can impact overall profitability of the business. A well-established actuarial team, from senior actuaries to analysts giving exposure to all levels of seniority Opportunity to progress and take on managerial...

  • Actuarial Analyst + Senior Analyst

    3 weeks ago

    London, United Kingdom HFG Insurance Recruitment Full time

    This role is ideal for an actuarial analyst with reserving experience looking to gain exposure to a dynamic environment and see how their work can impact overall profitability of the business. A well-established actuarial team, from senior actuaries to analysts giving exposure to all levels of seniority Opportunity to progress and take on managerial...