The role sits within the Actuarial Pricing Team that supports pricing of treaty reinsurance contracts and large risks that typically include loss sensitive features.
Overview
Key duties (including, but not limited to):
- Provide actuarial support to underwriters and their customers in the pricing of individual accounts
- Conduct portfolio analyses and other appropriate actuarial investigations for validating assumptions used in pricing and improving credibility of pricing outputs
- Assist underwriters in the structuring and pricing of; Treaty Reinsurance policies; large insurance policies where experience rating is expected to be a material consideration; policies with material loss sensitive features
Qualifications required:
- 2:1 or higher degree in Mathematics, Statistics, Economics or Actuarial Science
- Partly or fully qualified actuary in the UK, US or Europe
Experience required:
- 2 – 4 years of experience working in General Insurance
- 1 – 2 years of experience in pricing general insurance and/or treaty reinsurance business
- London/Lloyd’s market experience (desirable)
- Knowledge of actuarial techniques for pricing primary, excess of loss and catastrophe insurance/ reinsurance products