Actuarial Analyst
4 weeks ago
To support the Lead Actuary in Bermuda, we are seeking an Actuarial Analyst - Pricing Specialist to provide actuarial pricing support, working closely with underwriting teams in London & Bermuda and other Group functions in respect of pricing, business planning, and actuarial related activities.
- Key Responsibilities:
- Assist with and undertake the provision of actuarial pricing support to SVP underwriters in Bermuda, ensuring an appropriate level of actuarial peer review.
- Develop and maintain exposure and experience rating models using actuarial tools and techniques to quantify and evaluate risk factors, analyzing the profitability of risks within the division.
- Collate data and undertake research, including analysis of market statistics, to assist the Bermuda underwriting teams with (re-)parameterisation of pricing models, benchmarking them to the commercial marketplace.
Requirements:
- Contribution to Group-wide key underwriting capability projects relating to pricing or insurance risk parameterisation and strategic initiatives as directed by Actuarial management.
- Contribution to the wider Actuarial team via input and insight to pricing or insurance risk parameterisation activities and departmental meetings.
- Commenced actuarial exams, with a willingness to complete the full FIA qualification.
- Relevant, numerate degree (or equivalent) with a high overall grade and good overall educational passes at GCSE and A-Level (or equivalent).
- Experience of working in an analytical role at a P&C reinsurer or reinsurance broker is preferable.
- Excellent IT skills, particularly an advanced level of MS Excel, VBA, SQL, Python, or similar coding experience is desirable.
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