Actuarial Assistant

4 weeks ago

London, United Kingdom Berkshire Hathaway Specialty Insurance Full time

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 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.

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. 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. This position will be based in our London office. Supporting and undertaking the production of financial and regulatory reports, covering both GAAP and Solvency II, and both reserves and capital
Supporting reserving analyses into a wide range of business lines
Assisting in the production of the Own Risk and Solvency Assessment, including sensitivity, stress and scenario testing
Supporting the business planning process, including capital projections
Working with Claims, Underwriting and Pricing teams to enhance Actuarial Reporting output
Developing and maintaining data quality and documentation across actuarial work
Continually improving the efficiency, accuracy and transparency of existing processes and implementation of new techniques
Research and implementation of new techniques

At least an A in Maths A-level
Ability to learn new technical skills, including desire to learn coding
Solid oral and written communication skills in English
A competitive package and exciting growth opportunities for career-oriented teammates
Full study support for progression through the Institute and Faculty of Actuaries actuarial exams
NOTE: Compensation will be commensurate with experience.

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