At a Glance
- Tasks: Conduct detailed actuarial analyses and develop models to support effective reporting.
- Company: Join Allied World, a collaborative and innovative global insurance company.
- Benefits: Structured coaching, professional development, and a supportive team environment.
- Other info: Be part of a diverse team dedicated to excellence and integrity.
- Why this job: Make a real impact in the actuarial field while growing your career.
- Qualifications: Part-qualified actuary with 3+ years in P&C, strong analytical skills required.
The predicted salary is between 50000 - 60000 £ 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.
Job Summary
This role is part of the Corporate Actuarial function at the Group level. You will be responsible for providing multi-disciplinary actuarial information, advice and services to support and enable effective reserving and reporting to regulatory bodies in a number of international jurisdictions. You will spend your time developing reserving and actuarial/statistical models, conducting detailed actuarial analyses and contributing to business development, management and change activities. You will work with other actuarial colleagues located around the world, and information suppliers/customers delivering 'fit-for-purpose' actuarial information. You will have strong analytical, communication and relationship management skills.
Responsibilities / Duties
- Perform detailed actuarial analyses as required, including working with complex or partial data, to deliver timely, accurate, insightful and commercially appropriate outputs.
- Calculate Solvency II technical provisions for various jurisdictions.
- Assist in conducting quarterly loss reserve reviews for the Global Markets and Reinsurance segments of the Group, including producing materials for management and board meetings.
- Provide actuarial assistance with IFRS 17 analysis.
- Assist with planning, forecasting and reinsurance renewals.
- Prepare annual profitability studies.
- Perform industry research and analysis of parameters and methodologies.
- Enhance procedures to audit reports for accuracy.
Essential Requirements
- Part-qualified or nearly qualified member of a recognised actuarial society.
- Minimum of 3 years of experience in the P&C actuarial field.
- Proficiency with Excel and programming languages.
- Experience with ResQ, SAS, and/or IFRS 17 concepts would be beneficial.
- Knowledge of Solvency II concepts preferred.
- Highly skilled at dealing with concepts and complexities comfortably.
- Ability to make sound decisions in a timely manner.
- Excellent communications skills and ability to multitask.
- Strong ethics and integrity.
Working at Allied World
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 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.
Senior Actuarial Analyst employer: Allied World
Contact Detail:
Allied World Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst
✨Network Like a Pro
Get out there and connect with people in the actuarial field! Attend industry events, webinars, or even local meet-ups. We all know that sometimes it’s not just what you know, but who you know that can help you land that dream job.
✨Show Off Your Skills
When you get the chance to chat with potential employers, don’t hold back! Share your experiences and how you’ve tackled complex actuarial problems. We want to see your analytical skills in action, so be ready to discuss your past projects and successes.
✨Tailor Your Approach
Every company is different, so make sure you tailor your conversations to fit Allied World’s values and needs. Research their recent projects or challenges and think about how your skills can help them. We love seeing candidates who are genuinely interested in what we do!
✨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 us you’re serious about joining the Allied World team. Let’s make it happen together!
We think you need these skills to ace Senior Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that align with the Senior Actuarial Analyst role. Highlight your proficiency in Excel, programming languages, and any relevant actuarial experience to catch our eye!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the actuarial field and how your unique perspective can contribute to our team at Allied World. Keep it engaging and personal.
Showcase Your Analytical Skills: Since this role involves detailed actuarial analyses, be sure to include examples of past projects where you've successfully tackled complex data. We love seeing how you approach problem-solving and decision-making!
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Allied World
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll be expected to handle complex data and calculations. Brush up on your technical skills, especially in Excel and any programming languages relevant to the role. Be prepared to discuss specific examples of how you've used these skills in past roles.
✨Understand Solvency II and IFRS 17
Make sure you have a solid grasp of Solvency II concepts and IFRS 17 analysis. These are crucial for the role, so be ready to explain how you've applied these frameworks in your previous work. Showing that you can navigate these regulations will set you apart.
✨Showcase Your Communication Skills
Strong communication is key in this role, especially when working with colleagues globally. Prepare to demonstrate how you've effectively communicated complex actuarial information to non-technical stakeholders. Think of examples where your communication made a difference.
✨Emphasise Collaboration
Allied World values collaboration, so highlight your experience working in teams. Share stories about how you've supported colleagues or contributed to group projects. This will show that you align with their belief in the power of teamwork and knowledge sharing.