Actuarial Risk Specialist
17 hours ago
At Gravitas, we're seeking a skilled Financial Risk Actuary to join our team. This is a critical role in the reserving function of our actuarial department.
The successful candidate will assist in the development, analysis, and validation of reserve estimates, ensuring we maintain financial strength and meet regulatory requirements. You'll work closely with experienced actuaries and gain exposure to a wide range of actuarial techniques, models, and tools.
This position offers the opportunity to develop your skills and knowledge in a collaborative environment. You'll be part of a team that works closely with underwriting, claims, finance, and other departments to assess the adequacy of reserves and contribute to decision-making processes that drive the business forward.
You will:
- Strive to improve the selection and pricing of risks through continuous development of our pricing tools and processes
- Support the collection, maintenance, and investigation of pricing data using SQL and VBA or other languages as required
- Effectively communicate pricing results and trends to underwriters and senior management
- Be proactive in seeking opportunities to develop your own experience and technical skills wherever possible
- Collaborate with the actuarial team across the Group to ensure pricing practices are aligned within the organisation
- Assist with wider actuarial support when required.
What We Offer:
- A numerate degree
- Interest in pursuing an actuarial qualification
- Experience of working within an actuarial team within a general insurance company/Lloyd's Managing Agent is preferable
- A willingness to 'Be More' with the ability to work on multiple tasks and manage competing priorities
- Excellent interpersonal, organisational, and communication skills
- Proficiency with Microsoft Office applications including advanced Excel skills
- Experience in VBA, SQL
- Power BI, R, or other software is a plus.
Estimated Salary: £45,000 - £65,000 per annum.
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