Senior Insurance Risk Actuary

2 days ago

London, United Kingdom Selby Jennings Full time

Our client is a reputable US-based insurer with well-established roots in London, operating through a number of Lloyd's of London syndicates that offer tailored and efficient (re)insurance solutions across robust and varied business classes, ranging from broadly available to exclusive and niche products.
They have seen tremendous return from their investments into their technology, machine learning, and AI, improving the accuracy of their modelling, the quality of their market data and ability to process/analyse large data-sets, as well as their efficiency and timeliness in generating and adapting pricing strategies. This has allowed them to enhance their competitiveness, increase profitability, and accelerate the growth of their products, both new and existing, and the wider business, while maintaining their reputation for quality and a positive, people-driven culture.
They place great value on their people, aiming to attract and retain the best minds in the (re)insurance sector, affording their staff with flexibility and promoting a healthy work-life balance, and emphasising a long-term platform for technical and professional development, through consistent access to support, advanced trainings and continued learning.
They are actively seeking to grow their Commercial Reinsurance team in London, in line with the increasing demand they have seen for this business. As a Senior Pricing Actuary, you will report directly to their Head of Pricing, seeing the opportunity both to receive hands-on mentorship from the group's leadership and to provide this to their more-junior staff, in a positive working environment that promotes collaboration, innnovation, and inclusion.
Analyse and interpret appropriate risk-related data across a variety of commercial reinsurance products.
Collaborate with underwriting staff to assess risk and develop tailored pricing solutions.
Offer mentorship and training to junior actuaries and analysts.
Ensure compliance with regulatory requirements and industry standards.
Minimum of a Bachelor's in a Numerate/Quantitative field.
~ 5+ years of experience in pricing for GI reinsurance and/or commercial lines.
~ Proficient with relevant actuarial software, programming and data analysis tools.
~

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