At a Glance
- Tasks: Join our London Broking team to develop risk pricing models and analyse market data.
- Company: Acrisure Re, a global reinsurance broker known for innovative solutions.
- Benefits: Competitive salary, professional development, and opportunities for domestic and overseas travel.
- Why this job: Make a real impact in the reinsurance industry with your analytical skills.
- Qualifications: Qualified actuary with experience in pricing and capital modelling.
- Other info: Dynamic role with opportunities to manage junior staff and collaborate with clients.
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.
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.
- 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
Contact Detail:
ACRISURE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land VP – Actuary in London
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance and actuarial fields. Attend industry events, webinars, or even local meet-ups. The more people you know, the better your chances of landing that VP role!
✨Tip Number 2
Showcase your expertise! Prepare a portfolio that highlights your experience with risk pricing, stochastic models, and any innovative solutions you've developed. This will help you stand out during interviews and discussions.
✨Tip Number 3
Practice your presentation skills! As you'll be representing Acrisure Re at client meetings, being able to simplify complex technical aspects is key. Grab a friend or mentor and do some mock presentations to get comfortable.
✨Tip Number 4
Apply through our website! We love seeing candidates who take the initiative. Make sure to tailor your application to highlight your experience in the London market and your ability to think creatively about reinsurance strategies.
We think you need these skills to ace VP – Actuary in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the VP – Actuary role. Highlight your actuarial qualifications, experience in pricing, and any relevant projects you've worked on. We want to see how you can bring value to our team!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how your background aligns with our needs at Acrisure Re. Don’t forget to mention your experience with data analytics and reinsurance strategies.
Showcase Your Technical Skills: Since this role involves a lot of technical work, make sure to highlight your proficiency in programming languages like VBA, SQL, R, or Python. We love seeing candidates who can demonstrate their analytical prowess through real-world examples.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and ensures you don’t miss out on any important updates from our team!
How to prepare for a job interview at ACRISURE
✨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 how you've applied them in previous roles. Prepare examples of risk pricing models or stochastic analyses you've developed.
✨Showcase Your Creativity
This role requires creative thinking, especially when developing innovative solutions for clients. Think of instances where you’ve streamlined processes or introduced automation techniques. Be prepared to share these experiences and the positive outcomes they generated.
✨Master the Art of Communication
You'll be liaising with both insurers and reinsurers, so it's crucial to present complex data in a simplified manner. Practice explaining technical concepts clearly and concisely. Consider doing mock presentations to friends or colleagues to refine your delivery.
✨Research Acrisure Re
Familiarise yourself with Acrisure Re’s market position and recent developments. Understanding their approach to reinsurance and analytics will help you tailor your responses during the interview. It shows genuine interest and can set you apart from other candidates.