Senior Actuarial Analyst – Insurance

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