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: Full-time role with opportunities for travel and professional growth.
- Why this job: Make a real impact in the reinsurance industry while working with top professionals.
- Qualifications: Qualified actuary with experience in pricing and data analytics.
- Other info: Dynamic environment with opportunities to manage junior staff and lead projects.
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 employer: Acrisure, LLC
Contact Detail:
Acrisure, LLC Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP – Actuary
✨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. We all know that sometimes it’s not just what you know, but who you know that can help you land that VP – Actuary role.
✨Show Off Your Skills
When you get the chance to chat with potential employers, make sure to highlight your experience with statistical models and data analysis. We want to see how you can bring value to the team, so share specific examples of your past work that align with the job description!
✨Prepare for the Interview
Do your homework on Acrisure Re and the London market. We’re looking for candidates who understand our business and can discuss trends and strategies confidently. Practice common interview questions and think about how your skills as a qualified actuary can solve real problems for us.
✨Apply Through Our Website
Don’t forget to apply directly through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who take the initiative to engage with us directly. Let’s make this happen!
We think you need these skills to ace VP – Actuary
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 relevant reinsurance expertise. 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! Whether it’s VBA, SQL, R, or Python, let us know how you’ve used these tools in your previous roles. We love seeing candidates who can bring technical expertise to the table.
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. Plus, we love seeing applications come directly from our site!
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 Creativity
This role requires creative thinking to develop innovative solutions. Think of examples where you've streamlined processes or introduced automation techniques. Be prepared to share how your unique approach led to positive outcomes in previous roles.
✨Master the Art of Communication
You'll be liaising between insurers and reinsurers, so it's crucial to present complex data in a simplified manner. Practice explaining technical concepts clearly and concisely. Consider preparing a short presentation on a relevant topic to showcase your communication skills.
✨Research Acrisure Re
Familiarise yourself with Acrisure Re's market position and recent developments. Understanding their approach to reinsurance and analytics will help you align your answers with their values. This knowledge will also show your genuine interest in the company and the role.