Provide actuarial support to the underwriting referrals workflow to ensure the Company meets operational and strategic objectives, ensuring timely delivery of standard and bespoke pricing models
Overview
Key duties (including, but not limited to):
- Define and perform bespoke monitoring of account performance and market conditions and deep dives tailored to each niche programme, sharing insights to drive continuous underwriting and pricing improvement and portfolio optimisation
- Actively participate in the actuarial controls process including peer review, identifying opportunities for improvement to enhance the quality and efficiency of actuarial work
- Support the exposure management process to ensure catastrophe risk is understood, managed in line with agreed risk appetite and reflected in decision making
Qualifications required:
- Bachelor’s degree in actuarial science, mathematics, data science, engineering or related field
- Professional qualifications (e.g., Actuarial, Data science, CFA, CII) are highly desirable
Experience required
- Minimum 3 years commercial or specialty lines Pricing experience essential, with additional experience in portfolio management, underwriting, reserving, capital modelling valuable
- Working knowledge of the London insurance market and understanding of the main drivers of profit
- Actuarial pricing and reserving techniques across a variety of classes, Data analysis in Excel – essential