At a Glance
- Tasks: Join our London team to develop innovative risk pricing and analytical models.
- Company: Acrisure Re, a global leader in reinsurance with a collaborative culture.
- Benefits: Competitive salary, professional development, and opportunities for travel.
- Why this job: Make a real impact in the reinsurance industry with your analytical skills.
- Qualifications: Qualified actuary with experience in pricing and data analytics.
- Other info: Dynamic role with opportunities to mentor junior staff and grow your career.
The predicted salary is between 60000 - 80000 £ 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.
Senior Actuary & Analytics Lead — London Reinsurance employer: ACRISURE
Contact Detail:
ACRISURE Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuary & Analytics Lead — London Reinsurance
✨Tip Number 1
Network like a pro! Reach out to your connections in the reinsurance industry, especially those who work at Acrisure Re. A friendly chat can open doors and give you insights that might just land you an interview.
✨Tip Number 2
Show off your skills! Prepare a portfolio or a presentation that highlights your experience with statistical models and data analysis. This will help you stand out during interviews and showcase your expertise in a tangible way.
✨Tip Number 3
Be proactive! Don’t wait for job openings to be posted. Reach out directly to the hiring team at Acrisure Re through our website. Express your interest in the Senior Actuary & Analytics Lead role and share how you can add value to their team.
✨Tip Number 4
Prepare for the unexpected! Brush up on your presentation skills and be ready to explain complex actuarial concepts in simple terms. This will show your ability to communicate effectively with clients and colleagues alike.
We think you need these skills to ace Senior Actuary & Analytics Lead — London Reinsurance
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuary & Analytics Lead role. Highlight your experience in pricing, capital modelling, and any relevant programming languages like SQL or Python.
Craft a Compelling Cover Letter: Use your cover letter to tell us why you're the perfect fit for our team. Share specific examples of how you've tackled complex problems in the past and how you can bring value to Acrisure Re.
Showcase Your Analytical Skills: Since this role involves a lot of data analysis, make sure to include any relevant projects or experiences where you've developed models or conducted research. We want to see your analytical prowess!
Apply Through Our Website: We encourage you to apply directly through our website. 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 Senior 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 past roles. Prepare examples of models you've developed or optimised, and be ready to explain your thought process.
✨Showcase Your Creativity
This role requires a creative approach to problem-solving. Think of instances where you've innovated or streamlined processes through automation techniques. Be prepared to share these stories during the interview, highlighting the impact of your solutions on previous projects.
✨Understand the Market
Familiarise yourself with the Lloyd’s and London market landscape, including Solvency II regulations. Being able to discuss current trends and challenges in reinsurance will show that you're not just qualified but also engaged with the industry. Bring insights to the table that could benefit Acrisure Re.
✨Communicate Clearly
You'll need to present complex technical information to clients and colleagues alike. Practice simplifying intricate concepts into layman's terms. During the interview, focus on your communication skills by explaining your past work in a way that anyone can understand, showcasing your ability to bridge the gap between technical and non-technical audiences.