Actuarial Analyst in London

Actuarial Analyst in London

London Full-Time 28800 - 48000 £ / year (est.) No home office possible
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At a Glance

  • Tasks: Provide actuarial pricing support and build pricing models for various insurance lines.
  • Company: Join Allied World, a global leader in insurance and reinsurance solutions.
  • Benefits: Structured coaching, professional development, and a supportive global network.
  • Why this job: Make an impact in a collaborative environment while growing your career.
  • Qualifications: Bachelor's degree in maths or stats; experience in insurance preferred.
  • Other info: Dynamic team with over 1,600 professionals and excellent career growth opportunities.

The predicted salary is between 28800 - 48000 £ per year.

Take the next step in your career with us. Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.

The successful candidate will be expected to provide actuarial pricing support to various underwriting departments.

Responsibilities Include:
  • Provide actuarial pricing support to various underwriting departments under moderate supervision.
  • Support all lines of insurance written from the European offices and through Lloyd’s. Lines of business include property, general casualty, D&O, E&O, medical malpractice, marine and onshore construction.
  • Research and update various pricing parameters used within our pricing models such as increased limits factors, loss trend factors, underlying loss costs per unit of exposure, etc.
  • Support annual portfolio reviews across all class of business written through Europe, Asia and the Lloyd’s Syndicate.
  • Help build and maintain pricing models in Excel and Rulebook.
  • Any other duties as assigned by manager.
Education, Skills and Experience:

The successful applicant will preferably have the following:

  • Up to 3 years of experience as a General Insurance actuary, preferably London Market Pricing insurance or reinsurance.
  • Bachelor’s degree in mathematics, statistics or related field.
  • Proficient with Excel.
  • Experience using Visual Basic for Applications (VBA), Rulebook, SAS and Python would be beneficial.
  • Strong analytical and communication skills.
  • Ability to learn quickly.
  • Strong ethics and integrity.

Our team of over 1,600 professionals has deep expertise in the industry. They enjoy their work, and many have served for several years. This is what you can expect when you join us:

  • Instant membership in the Allied World team — a global network of colleagues who will support your career journey.
  • A manager who will help you build your career through a structured coaching program.
  • Access to a full suite of learning and development tools and resources.

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

Actuarial Analyst in London employer: Allied World

Allied World is an exceptional employer for Actuarial Analysts, offering a collaborative work culture that values diverse perspectives and fosters professional growth. With access to comprehensive training programs and a supportive management team, employees are empowered to develop their careers within a global network of over 1,600 industry experts. Located in the heart of London, our office provides a dynamic environment where innovative solutions thrive, making it an ideal place for those seeking meaningful and rewarding employment.
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Contact Detail:

Allied World Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Actuarial Analyst in London

✨Tip Number 1

Network like a pro! Reach out to current or former employees at Allied World on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.

✨Tip Number 2

Prepare for the interview by brushing up on your Excel skills and understanding the key actuarial concepts mentioned in the job description. We want you to shine when discussing pricing models and loss trends!

✨Tip Number 3

Show off your analytical skills during the interview! Be ready to discuss how you've tackled complex problems in the past. We love candidates who can think critically and communicate their thought process clearly.

✨Tip Number 4

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 Allied World team.

We think you need these skills to ace Actuarial Analyst in London

Actuarial Pricing Support
General Insurance Knowledge
Mathematics
Statistics
Excel Proficiency
Visual Basic for Applications (VBA)
Rulebook
SAS
Python
Analytical Skills
Communication Skills
Quick Learning Ability
Strong Ethics
Integrity

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Actuarial Analyst role. Highlight relevant experience, especially in pricing support and any specific software skills like Excel or VBA. We want to see how your background aligns with what we do!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about actuarial work and how you can contribute to our team. Remember, we love collaboration, so show us how you can fit into our culture.

Showcase Your Skills: Don’t just list your skills; demonstrate them! If you’ve worked on pricing models or have experience with data analysis, give us examples. We’re looking for strong analytical skills, so let that shine through in your application.

Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets to us quickly and efficiently. Plus, you’ll find all the details you need about the role right there!

How to prepare for a job interview at Allied World

✨Know Your Numbers

As an Actuarial Analyst, you'll be dealing with a lot of data. Brush up on your mathematical and statistical skills before the interview. Be prepared to discuss how you've used these skills in past roles, especially in relation to pricing models and loss trends.

✨Excel is Your Best Friend

Since proficiency in Excel is crucial for this role, make sure you can demonstrate your skills. Practice building and maintaining pricing models, and be ready to talk about any experience you have with VBA or other relevant tools. Showing that you're comfortable with these will give you an edge.

✨Research the Company

Familiarise yourself with Allied World and its operations. Understand their lines of business and recent developments in the insurance market. This knowledge will not only help you answer questions but also show your genuine interest in the company and the role.

✨Prepare for Behavioural Questions

Expect questions about teamwork and collaboration, as these are key values at Allied World. Think of examples from your past experiences where you've worked effectively in a team or supported colleagues. Highlight your strong ethics and integrity, which are essential in the actuarial field.

Actuarial Analyst in London
Allied World
Location: London
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  • Actuarial Analyst in London

    London
    Full-Time
    28800 - 48000 £ / year (est.)
  • A

    Allied World

    100-200
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