Actuarial Analyst

1 week ago


London, Greater London, United Kingdom Markel International Services Ltd Full time
About Markel International Services Ltd

Markel International Services Ltd, a Fortune 500 company with over 60 offices in 20+ countries, is a holding company for insurance, reinsurance, specialist advisory and investment operations around the world.

Job Summary

We are seeking an experienced Actuarial Analyst to join our Ceded Re Data and Analytics team. The successful candidate will play a key part in developing and implementing effective reinsurance strategies, improving our ability to analyze reinsurance structures, and optimizing reinsurance spend in line with our risk appetite.

The Opportunity

This role offers a unique chance to work on high-impact projects that drive business growth and improvement. You will be responsible for:

  • SUPPORTING THE CONTINUED DEVELOPMENT OF MARKEL'S CEDED RE ANALYTICS CAPABILITIES TO IMPROVE OUR ABILITY TO ANALYZE REINSURANCE STRUCTURES AND OPTIMISE REINSURANCE SPEND IN LINE WITH OUR RISK APPETITE;
  • COLLECTING RELEVANT DATA FROM INTERNAL DATA HUBS AND PREPARING DATA EXHIBITS WITHIN REINSURANCE RENEWAL SUBMISSIONS, PARTNERING WITH REINSURANCE PLACEMENT COLLEAGUES TO ENSURE ALL EXHIBITS ARE COLLATED TIMELY AND ACCURATELY;
  • BUILDING ENGAGING DATA STORIES BY PERFORMING MOVEMENT ANALYSIS SINCE LAST DATA RUNS AND INVESTIGATING MATERIAL DEVELOPMENTS;
  • SUPPORT POST PLACEMENT DATA CAPTURE AND PORTFOLIO ANALYSIS, INCLUDING SPEND ANALYSIS, COST ALLOCATION AND IMPACT ON PROFITABILITY;
  • IMPROVING CURRENT PROCESSES AND DEVELOPING REPORTING SOLUTIONS AND DATA VISUALISATION TECHNIQUES TO PROVIDE VALUABLE CEDED REINSURANCE INSIGHTS AND SERVICES TO THE BUSINESS;
  • BUILDING STRONG WORKING PARTNERSHIPS WITH DATA OWNERS IN THE ORGANISATION.
Requirements

To be successful in this role, you will need:

  • EXPERIENCE IN THE ACTUARIAL DOMAIN;
  • UNDERSTANDING OF INSURANCE AND ACTUARIAL CONCEPTS;
  • STRONG ANALYTICAL AND COMMUNICATION SKILLS;
  • ADVANCED MICROSOFT OFFICE SKILLS INCLUDING EXCEL AND POWER BI;
  • EXPERIENCE WITH DATA MANIPULATION TOOLS LIKE SQL, ALTERYX OR SIMILAR.
What We Offer

We offer a competitive salary of £65,000 per annum, plus annual bonus, strong benefits package, including 25 days paid holiday, company pension scheme, private medical and dental cover, life assurance, travel insurance cover, income protection, season ticket loan, and other great benefits on offer. Additionally, we provide opportunities for professional development and career growth within our organization.



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