Insurance Analytics Actuary

Location - London with hybrid working as per departmental requirements (currently a MINIMUM of 40% (2 days per week)

LCP is an award-winning actuarial and analytics consultancy providing market-leading capabilities and advice across pensions and financial services, energy, health, and analytics. We use powerful analytics fused with human expertise to shape a more positive future.

We're looking for a Actuary in our Insurance Analytics Team. You'll sit at the intersection of actuarial practice, product design, and software development – helping drive forward our flagship SaaS platform, LCP InsurSight. You'll use your general insurance knowledge to make sure new features work the way actuaries really need them to; do software development in python; collaborate with developers and data scientists; and join conversations with clients to shape what we build next. This is a unique opportunity to apply actuarial training in a hands-on software product role, build new skills in technology and agile delivery, and see your work impact hundreds of billions of pounds of insurance business.

InsurSight, is trusted to assess over £200bn of non-life insurance business. We are expanding our team to serve a growing client base and to deliver on an exciting product roadmap. This role will suit someone who enjoys problem-solving, wants to be close to product innovation, and is excited to use their actuarial knowledge to directly shape a market-leading product. Our team currently consists of:

• 4 C# developers (including one lead developer)
• 2 Python developers
• 2 Actuarial data scientists
• 2 Front end developers
• 1 DevOps and site reliability engineer
• 2 QA Engineers
• 1 Product manager

You will have the benefit of the guidance of our actuarial data scientists, python developer and product manager, but also the opportunity to take ownership of your work. This is a role for someone who wants to use their actuarial knowledge to shape how technology is used in actuarial work.

Key Responsibilities:

• Support the actuarial review and sign-off of new features and enhancements
• Assist with Python development of key InsurSight features and resolution of bugs
• Assist with testing of new features and bug fixes. In particular, using your actuarial knowledge to identify likely edge cases and real-word user workflows and working with the QA engineers and wider IC team to carry out the testing
• Collaborate with QA engineers to help them develop their actuarial understanding and delegate tests effectively to them
• Help develop test frameworks and reusable actuarial test cases to help us deliver new features more efficiently, including using Python to automate aspects of testing
• Log and communicate issues clearly to developers via Azure DevOps Boards. Apply actuarial judgement to assess the severity and priority of bugs
• Participate in feature design discussions with clients, product managers, and developers
• Act as the "voice of the actuary" within delivery teams
• Collaborate with actuaries in the wider insurance consulting team as the InsurSight expert on consulting and transformation projects using InsurSight

Skills and Experience:

• Part-qualified actuary (or equivalent actuarial experience in non-life insurance)
• Excellent understanding of general insurance reserving
• Analytical mindset with attention to detail and curiosity to test boundaries
• Python experience, or desire to learn
• Clear communicator, able to translate actuarial concepts into practical feedback for developers
• Comfortable working in an agile product team
• Interest in technology and innovation in insurance
• (Bonus) Prior exposure to testing, QA, or UAT processes

What We Offer

• A rare opportunity to apply actuarial knowledge in a fast-growing product setting
• A varied role spanning all areas of software development including product design, coding, testing and interaction with users
• Opportunity to broaden your skillset beyond that of a traditional actuary through close collaboration with developers, data scientists, and product leaders
• Support for actuarial study and professional development

Potential career pathways

• Product management - Gain direct experience shaping features, prioritising work effectively, working with clients, and collaborating with developers. Ideal preparation for moving into product ownership or product management roles longer term
• Actuarial data science & automation - Build hands-on experience with Python and automation while applying actuarial skills, giving you a clear route into technical actuarial or data science roles in SaaS

What's in it for you?

Take a look at our Glassdoor and Career stories pages to see why our people love being here As well as joining a multi-award winning, fun, collaborative, people first organisation where your personal and professional skills will be developed to make you the best you can be, we offer an attractive benefits package designed to promote your overall wellbeing so that you are able to perform to your full potential both in and out of work. Currently our core benefits package includes:

For you:

• Hybrid working (see top of the advert for details)
• Professional study support (where applicable)
• Access to our internal Wellbeing, LGBTQ+, Multicultural and Women's networks

For your family:

• Life assurance
• Income protection
• Enhanced maternity/paternity/adoption and shared parental leave

For your health:

• 26 days annual leave (pro-rata for part-time working) plus bank holidays (most of which can be taken flexibly) with options to buy & sell holiday
• Private medical insurance
• Discounted gym memberships, critical illness and dental insurance through our flexible benefits
• Eye care vouchers
• Cycle to work scheme
• Digital GP services

For your wealth:

• Competitive pension scheme
• Discretionary bonus scheme
• High street discounts
• Season ticket loans

For others:

• Volunteering opportunities

For the environment:

• Electric vehicle salary sacrifice scheme (qualifying period applies)

And much more

We continuously strive to build an inclusive workplace where all forms of diversity are valued, including age, background, disability, gender, gender identity, gender expression, race, religion or sexual orientation.

LCP is committed to making our opportunities accessible to all and would welcome you getting in touch to let us know if an adjustment can be made to help with your application. This may be extra time for assessments, pre-interview site visits, interview structure or questions, or asking us about building accessibility. Whatever it may be, please get in touch via our dedicated email address - to discuss how we can support you with your application.

Recruitment agencies

LCP operates a Preferred Supplier List (PSL) for recruitment agencies which is reviewed annually. We do not accept unsolicited CVs from agencies who are not part of our current PSL. LCP only pay agency fees where we have a signed agreement in place, and the agency has been instructed by a member of our recruitment team to supply CVs via the Applicant Tracking System (ATS) for a legitimate, open vacancy. If this process is not adhered to, LCP reserve the right to contact these candidates directly and have discussions with them without paying any agency fees. We do not pay agency fees when speculative and unsolicited CVs are submitted to any employee or Partner at LCP.