At a Glance
- Tasks: Develop pricing tools and collaborate with underwriting teams to enhance decision-making.
- Company: Join Antares, a collaborative and inclusive organisation that values every voice.
- Benefits: Empowerment, continuous learning, and a vibrant working environment.
- Other info: Dynamic culture focused on innovation and professional development.
- Why this job: Make a real impact in the insurance industry while growing your career.
- Qualifications: 2:1 in a numerate degree and nearly qualified actuary.
The predicted salary is between 50000 - 60000 £ per year.
At Antares, our success starts with our people. We’re a collaborative and inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues. Whatever stage of your career you'll find a place to belong, contribute, develop and we’d love to hear from you.
Knowledge and Qualifications
- 2:1 in a numerate degree
- Nearly qualified actuary in the UK, US or Europe
Skills and Demonstrated Experience:
- Experience in pricing treaty reinsurance business
Software / Programming Skills:
- Advanced Excel (essential)
- Experience in using a programming language e.g. VBA, R, Python or SQL (very desirable)
Technical Actuarial / Statistical Skills
- Knowledge of actuarial techniques for pricing primary, risk & aggregate excess of loss insurance
- Knowledge of actuarial techniques for pricing proportional and excess of loss reinsurance products
- Familiarity with simulation techniques used for pricing loss sensitive product features
- Familiarity with jargon and practices in London Market and UK Commercial Lines Insurance and Reinsurance
- An understanding of actuarial techniques used in reserving property and casualty insurance and treaty reinsurance
- A good understanding of how pricing work is used by non-pricing actuaries, underwriters and management.
Accountabilities:
- Contribute to and take responsibility for the development of some segments of pricing and rating tools
- Develop strong working relationships with underwriting teams to develop the use of technical pricing in decision making across the business
- Production of case pricing as an essential support for Underwriters
- Assist with the development and implementation of pricing controls and systems of governance, focusing on enhancing quality and quantity of pricing data capture
- Support the Lead Pricing Actuary in ensuring consistency of assumptions across the department
- Contribute to multi-disciplinary projects
- Takes responsibility for own and colleagues’ Health & Safety at all times
- To ensure customers are treated fairly at all times, in accordance with the Conduct Risk Policy and other relevant policies and procedures.
- To be aware and adhere to all obligations under GDPR, ensuring that the business complies with these requirements.
Key Performance Indicators:
- Rigorous tools developed using an actuarial approach
- Positive feedback from Underwriters
- Model used effectively by business users
- Appropriate usage of pricing models
- Reliable model output
- Underwriters understand the value in case pricing support
- Output considered a key part of decision-making process
- Compliance with minimum standards and Company policies and procedures
- All documentation accurately and promptly maintained
- High quality and efficiency of pricing models
- Pricing audits carried out as appropriate
- Consistent approach across departments
- Work delivered within scope and on time
- Statutory, personal and Company Health & Safety policy regulations are adhered to.
- Compliance with applicable Regulatory Requirements and Lloyd’s Minimum Standards (where applicable) and Antares Global policies and procedures
- Satisfactory performance as reflected in relevant Conduct Risk MI.
- Adherence to Antares Global policies and procedures in relation to GDPR
- Timely completion of ongoing training in relation to GDPR
About Antares
At Antares, we empower our talented team members through active involvement and collaboration, driving strategic and business goals whilst delivering exceptional services to our customers and partners. Our unique organisational structure fosters unparalleled sharing of information, knowledge and expertise, creating a vibrant and innovative working environment. Our culture of excellence is fuelled by continuous learning and development opportunities across all areas of our international operations. We believe in nurturing your potential and helping you grow with us.
Why Antares?
- Empowerment: Be a part of decision-making processes that shape our future.
- Collaboration: Work with a diverse team of experts who share their knowledge and insights.
- Growth: Access to continuous learning and development programs to enhance your skills.
- Innovation: Thrive in an environment that encourages creativity and forward-thinking.
Join us and be a part of a team that values your contributions and supports your professional journey. Together, we can achieve greatness!
Senior Actuarial Pricing Analyst employer: Antares Global Management Ltd.
At Antares, we pride ourselves on being an exceptional employer, offering a collaborative and inclusive work culture that values every voice. Located in London, our team enjoys access to continuous learning and development opportunities, empowering employees to grow their careers while contributing to innovative projects. With a focus on teamwork and professional growth, we create a vibrant environment where your contributions are recognised and celebrated.
Contact Details:
Antares Global Management Ltd. Recruitment Team
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