Reinsurance Actuary

Job / Role Description

Role Full-Time
Location Central London (EC3)

We are recruiting an actuary to join our treaty reinsurance team in London.  This role will report to Head of Treaty.

RESPONSIBILITIES

  • Build, develop and maintain pricing models for each class of business
  • Build, develop and maintain rate monitoring models for each class of business.
  • Research, document and validate the pricing parameters and overall approach
  • Document the pricing models and provide training to Underwriters
  • Work closely with underwriters on individual risk or treaty pricing as requested
  • Establish strong working relationships with Underwriters and management
  • Portfolio profitability analysis and exposure management overview
  • Review detailed actuarial analysis such as premium and claims projections, stress tests and forecasting
  • Database management, benchmarking and visualization
  • Management of a robust peer review process for all Underwriters
  • Frequent business travel required

 

SKILLS AND EXPERIENCE

  • Part or Fully Qualified Actuary
  • Minimum 10 years’ experience in (re)insurance/actuarial space
  • Prior experience of the relevant classes is preferable
  • Excellent verbal and written communication skills
  • Comfortable presenting complex technical aspects to non-actuarial audiences in a clear and succinct manner
  • Strong negotiation, analytical and decision-making skills required
  • Comprehensive understanding and experience of pricing, reserving and capital allocation
  • Expertise in Excel/VBA, R or other related programming languages
  • Effective time management skills
  • Strong work ethic and results driven approach

 

APPLYING FOR THIS ROLE

Please send your CV and cover letter or bulleted email highlighting relevant experience to Tunde Olowofila (tolowofila@tempounderwriting.com).

No recruitment consultants / headhunters.