Job Description
Senior Actuarial Analyst – Insurance
We have an excellent opportunity available for a Senior Actuarial Analyst / Actuarial Manager to join a leading insurance organisation.
This Senior Actuarial Analyst will assist in delivering data-driven analysis, performing and reviewing actuarial Modeling. As a Senior Actuarial Analyst and member of the Actuarial Team, the role requires a high degree of competence and specialist knowledge to ensure the Actuarial Department continues to meet the expectations of Senior Management.
Benefits:
* 25 days' holiday (rising to 27 days after 3 years) - with the ability to buy an additional 5 days
* 37.5 hours per week – Flexitime
* Discretionary annual bonus
* Personal car lease option
* Company pension
* Health and dental plans
* Private medical insurance
* Life assurance (4 x salary)
* Discounted gym membership
* Discounts on a wide range of retailers
Main Duties and Responsibilities:
* Model, interpret and monitor business data to identify and confirm market trends and niche product opportunities.
* Carry out and supervise elements of the quarterly and monthly reserve review exercises. carried out across the team, as well as additional claims related analyses.
* Conduct and oversee regular and ad hoc pricing analyses to support Underwriting teams.
* Mentor junior members of the Group actuarial team.
* Assist in the development and maintenance of effective statistical models and MI in relation to the company's underwriting performance and pricing strength.
* Contribute to the development and launch of new products from an Actuarial perspective.
* Liaise directly with stakeholders, in particular Underwriting, Finance and Claims teams.
* The Senior Actuarial Analyst will support the Heads of Actuarial and Chief Actuary as appropriate.
Skills Required:
* Ability to prioritise work, be a confident decision maker, proactive and innovative.
* A good working knowledge of the commercial lines market.
* A sound understanding of reserving and pricing analysis and principles & experience of a wide range of technical issues.
* Strong IT skills and in-depth experience of Excel and working knowledge of SAS is essential. Additional IT skills (Python, R) may be beneficial.
* A high level of understanding of modern actuarial and statistical modelling and techniques is essential.
* A flair for manipulating and interpreting data and making decisions or recommendations as appropriate is essential.
* Excellent skills in explaining, both internally and externally to key business partners, pricing decisions based on detailed analysis.
* Able to work with people at all levels, both internally and externally.
* Ability to lead by example, maintain a visible leadership presence, experience of managing and addressing performance consistently.
* Ability to delegate effectively and mentor, coach and develop less experienced members of the team.
Senior Actuarial Analyst – Insurance