Portfolio Optimisation

2 weeks ago


London, Greater London, United Kingdom Citygrad Full time

Convex is looking to hire inquisitive PO/Actuarial graduates to support the team in achieving its purpose which is to help improve risk-based decision making of the Underwriting teams and thereby influence the successful delivery of the underwriting businessplan.

Convex occupies a unique position in the insurance industry, combining unrivalled experience, reputation and a legacy free balance sheet.

We offer international specialty insurance and reinsurance, along with digital risk management solutions, through ouroperations in Bermuda, London, Europe and the US.


We do this by performing Reserving studies and feeding insights from those studies into the business but also by shaping and influencing the day-to-day activities of Underwriters, Portfolio Optimisation, Claims, Pricing, Finance, Exposure Management & StochasticModelling.


Our PO/Actuarial graduates have a top-tier aptitude for numbers, a desire to complete the actuarial exams (which we offer full support) and strong problem solving and critical thinking skills.


Key Responsibilities:

  • Reserving activities for major events and US GAAP
  • Compliance with Solvency II including calculation of Technical Provisions and the Standard Formula, as well as the Actuarial Function Reports
  • Partnering with the business on key strategic projects
  • Analysing external data
  • Developing the technical functionality (modelling method and calibrations) of the Stochastic Model
  • Setting technical functionality, methods and parameters of the Pricing models
  • Demonstrating the adequacy of the outwards RI programme.


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