Actuarial Assistant

2 weeks ago

London, Greater London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

Who are we?

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A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. Part of Berkshire Hathaway's insurance operations, we bring our solutions to market with our stellar brand name, top-rated balance sheet, and the expertise of our global team of professionals, who exude excellent capabilities and strong character.

We are a values-based organisation where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work. We are one team committed to building a culture where every teammate has the opportunity to contribute and be recognised. Want to be part of the team building the finest property, casualty and specialty lines insurance company in the world?

Learn more about our unique culture and history.

Job Opportunity:

Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for a graduate to join our European Actuarial Reporting team with exposure to all areas of General Insurance actuarial work.

The Actuarial Reporting team provides actuarial services to Berkshire Hathaway International Insurance Limited (BHIIL) and Berkshire Hathaway European Insurance DAC (BHEI) –representing Berkshire Hathaway's European insurance operations. It is a small and highly efficient team with opportunities to access a wide range of business functions and business lines.

The Actuarial Assistant will report into the Chief Actuary of BHIIL based in the London office, providing significant exposure to Executive Management.

We are looking for an individual who has both an ability to excel and an excellence of character. Our culture is innovative and fast paced and this position will be the perfect fit for an individual who is intellectually curious, self-motivated and a collaborative team member. This position will be based in our London office. The tasks and responsibilities will grow in line with the maturity of the business and the candidate's profile.

Duties & Responsibilities:

and undertaking the production of financial and regulatory reports, covering both GAAP and Solvency II, and both reserves and capitalin the production of and enhancement to management informationreserving analyses into a wide range of business linesin the production of the Own Risk and Solvency Assessment, including sensitivity, stress and scenario testingthe business planning process, including capital projectionswith Claims, Underwriting and Pricing teams to enhance Actuarial Reporting outputand maintaining data quality and documentation across actuarial workimproving the efficiency, accuracy and transparency of existing processesand implementation of new techniquesQualifications, Skills and Experience:to become a qualified actuarydegree in a technical/mathematical subject with a minimum grade (predicted or achieved) of 2:1least an A in Maths A-levelto learn new technical skills, including desire to learn codingoral and written communication skills in Englishorganisational skills and attention to detailinterpersonal skills and the ability to work in a team environment as well as independentlydesire to learn from and share knowledge with teammatesBHSI Offers:competitive package and exciting growth opportunities for career-oriented teammatesstudy support for progression through the Institute and Faculty of Actuaries actuarial examsdynamic, action oriented, and thoughtful environment centred on always doing the right thing for our customers, teammates and our other stakeholderspurposely non-bureaucratic organisation that embraces simplicity over complexity and emphasises individual excellence in a team framework NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organisation.

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