At a Glance
- Tasks: Join our London team to develop innovative risk pricing and analytical models.
- Company: Acrisure Re, a leading global reinsurance broker with a collaborative culture.
- Benefits: Competitive salary, professional development, and opportunities for domestic and overseas travel.
- Why this job: Make a real impact in the reinsurance industry while working with cutting-edge analytics.
- Qualifications: Qualified actuary with experience in pricing, capital modelling, and data analytics.
- Other info: Dynamic role with opportunities to manage junior staff and represent the company at client meetings.
The predicted salary is between 72000 - 108000 £ per year.
Acrisure Re is a global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business, at the best available market terms. We are an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world. By fostering a team mentality, both internally and with our clients, we develop a thorough understanding of our clients’ situations and markets, creating unique opportunities for innovative and ingenious solutions that add value and get positive results.
Position Summary
In this role you will function as an integral member of the London Broking team working within our Analytics division and supporting our senior brokers and producers. You will provide technical servicing and development to the company’s reinsurance treaties, insurance portfolio and new business opportunities whilst conducting research, analysing client/market-wide data, and developing stochastic models through statistical, actuarial and scientific analysis.
CORE RESPONSIBILITIES
- Develop risk pricing and analytical models based on statistical, actuarial and scientific methods in order to reach accurate conclusions.
- Develop stochastic models and perform reinsurance optimisation analyses in order to evaluate and compare different reinsurance strategies and pricing.
- Streamline existing processes via automation techniques.
- Analyze, summarize, and/or review data to report findings, interpret results, and/or make recommendations.
- Respond to technical queries regarding data, trends or results from studies.
- Create tools to monitor and evaluate risk and claims trends for our clients.
- Liaise between Insurers and Reinsurers and ensure information is disseminated to the appropriate channels for action, both internally and externally.
- Represent Acrisure Re at client meetings, presentations, audits with Reinsurers and other events as appropriate.
- Conduct regular follow-ups with clients ensuring their needs, issues and requests are resolved satisfactorily.
- Domestic and overseas business travel may be required.
- Management of more junior staff.
Skills / Attributes Required
- Qualified actuary.
- Strong attention to detail.
- Ability to think creatively.
- Experience in pricing and/or capital modelling within Lloyd’s/London market.
- Reinsurance experience a plus.
- Broad understanding of Lloyds’ and the London Market, including Solvency II.
- Strong working knowledge of the various standard reserving methodologies used in the market.
- Experience with programming languages used in data analytics, such as VBA, SQL, R, and/or Python.
- Comfortable presenting complex technical aspects to clients in a simplified manner.
- Practical experience working with Brokers and/or Underwriters.
VP – Actuary in London employer: Acrisure, LLC
Contact Detail:
Acrisure, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP – Actuary in London
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at Acrisure Re. A friendly chat can sometimes lead to opportunities that aren’t even advertised.
✨Show Off Your Skills
When you get the chance to meet potential employers, make sure to highlight your experience with statistical models and programming languages like R or Python. Bring examples of your work or projects that showcase your analytical skills – it’ll help you stand out!
✨Prepare for the Interview
Do your homework on Acrisure Re and the reinsurance market. Be ready to discuss how your background as a qualified actuary aligns with their needs. Think about questions they might ask regarding risk pricing and be prepared to share your insights.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the team at Acrisure Re.
We think you need these skills to ace VP – Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the VP – Actuary role. Highlight your experience in pricing, capital modelling, and any reinsurance expertise you have. We want to see how your skills align with what we’re looking for!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for our team at Acrisure Re. Share specific examples of your past work that demonstrate your analytical skills and creativity.
Showcase Your Technical Skills: Don’t forget to mention your programming skills! If you’ve worked with VBA, SQL, R, or Python, let us know. We love seeing candidates who can bring technical expertise to the table, especially in data analytics.
Apply Through Our Website: We encourage you to apply through our website for the best chance of getting noticed. It’s super easy, and you’ll be able to keep track of your application status. We can’t wait to see what you bring to the team!
How to prepare for a job interview at Acrisure, LLC
✨Know Your Numbers
As a VP – Actuary, you'll need to demonstrate your expertise in statistical and actuarial methods. Brush up on key concepts and be ready to discuss specific models you've developed or worked with. Prepare to explain how these models can impact pricing strategies and risk assessments.
✨Showcase Your Problem-Solving Skills
Be prepared to share examples of how you've streamlined processes or solved complex problems in previous roles. Think about times when you used automation techniques to improve efficiency. This will show your potential employer that you can think creatively and add value to their team.
✨Understand the Market Landscape
Familiarise yourself with the current trends in the Lloyd’s and London market, including Solvency II regulations. Being able to discuss recent developments or challenges in the industry will demonstrate your commitment and knowledge, making you a more attractive candidate.
✨Practice Your Presentation Skills
Since you'll be representing Acrisure Re at client meetings, it's crucial to convey complex information clearly. Practice explaining technical concepts in simple terms. Consider doing mock presentations to friends or colleagues to build confidence and receive feedback.