Actuarial Analyst

1 month ago


United Kingdom Zego Full time

Created in 2019, EICL was the UK’s first ever insurtech to secure its own insurance licence. Authorised and regulated by the Gibraltar Financial Services Commission, we provide underwriting capacity to the group MGA, Zego, for commercial motor customers in the UK.
Trailerblazers, industry disruptors, game changers. Whatever you call us, we’re setting a new standard for insurance, and helping businesses to reach their full potential along the way.
You will be providing insights to the performance of EICL's portfolios and you will be supporting key stakeholders in making informed decisions.
Assist with the quarterly Reserve and Solvency Capital reviews working closely with EICL’s Head of Actuarial and external actuarial vendors.
Deliver quarterly reserving data in an orderly and timely fashion ensuring quality, transparency and consistency
Support the implementation of reserving and capital modelling process enhancements as well as efficient and effective controls to ensure data and models are accurate and fit for purpose
Support the team in the development of the Actuarial Data Warehouse as the main source of reserving data and as a potential repository for actuarial assumptions and results.
Provide assistance to the Pricing, Finance, Claims, Reinsurance and Underwriting teams as appropriate
As part of the Actuarial Function duties under Solvency II, participate in the regulatory reporting (SII Technical Provisions, QRTs, NSTs…) and the writing of the Actuarial Function Report
Model solvency and capital projections for business plan changes, including stress testing of the business plan
A qualified or part-qualified actuary, you have minimum 3 years of experience in motor personal or commercial lines. Experience in UK motor is a bonus.
You have experience with statistical software such as SQL, R, Excel VBA or similar
Advanced experience in either capital model design or non-standard reserving techniques, as well as knowledge of pricing techniques, or experience from a Non-Life pricing team, is a bonus.
You are comfortable navigating shifting priorities.
You are analytical and able to draw extensive insights from qualitative and quantitative data.
This role would be primarily home-based (either in Gibraltar or nearby in Spain) although there may be a requirement for occasional travel to the London office.
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