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Actuarial Analyst
2 months ago
- Strong analytical skills
- Experience in SQL, R, Python or Excel
- Mathematical or statistical background
- Review the retention calculations that are applied to the reinsurance accounts and assist the reinsurance data team in ensuring the retention amounts are accurate as per the treaties
- Review the reassured premium calculations that are applied to the reinsurance accounts and assist the reinsurance data team in ensuring the reassured premiums are accurate as per the treaties
- Work to update the retention and reassured premium calculations when there are changes
- Assist in providing experience data to reinsurers where they request it
- Support with adhoc queries from reinsurers arising from claims, underwriting and account data
- Assist in liaising between the product development, pricing, underwriting, distribution quality management and claims teams and the reinsurers to make sure the reinsurers are aware of what the business priorities are and that they have the required information to answer any questions we may have
- Support in treaty/addendums reviews
- Assist in understanding the financial impact of any changes to reinsurance arrangements, rates & structures.
- Actuarial Student (i.e. progress through Core Principles exams)
- Actuarial work experience will be an advantage
- Technically inclined with attention to detail
- Confident communicating both verbally and written at all levels
- Strong analytical skills and the ability to interpret a broad range of data and complex financial calculations
- Strong IT skills and comfortable working on multiple software packages (e.g sql, R, Phyton, Power BI, Excel, Word, PowerPoint, Prophet experience will be an advantage)
- Work under pressure and within a dynamic and changing environment
- Bonus Schemes - A bonus that regularly rewards you for your performance
- A pension of up to 12%- We will match your contributions up to 6% of your salary
- Our award-winning Vitality health insurance - With its own set of rewards and benefits
- Life Assurance - Four times annual salary
- Help you to be the healthiest you've ever been.
- Create an environment that embraces you as you are and enables you to be your best self.
- Give you flexibility on how, where and when you work.
- Help you advance your career by playing you to your strengths.
- Give you a voice to help our business grow and make Vitality a great place to be.
- Give you the space to try, fail and learn.
- Provide a healthy balance of challenge and support.
- Recognise and reward you with a competitive salary and amazing benefits.
- Be there for you when you need us.
- Provide opportunities for you to be a force for good in society.