Development Actuary in London

Argenta Group is headquartered in London and has a presence in Australia, employing over 280 people globally. We are proud of our unique and rich history of trading in the Lloyd’s market, both as a Syndicate and Members’ Agency, and to be part of the Hannover Re Group. Our long-standing workforce are our greatest asset; the expertise and knowledge they bring has resulted in our successful track record and continues to shape our future growth strategy.

About the role: To contribute to the modernisation of actuarial processes and operating models. This will include the shift from spreadsheet-based processes to scalable database and Python/R solutions, ensuring automation is delivered in a controlled, prioritised, and business-aligned manner. To apply qualified actuarial expertise across all actuarial teams, providing flexible support during BAU cycles as well as a wide range of non BAU analytical and project-based activities. Part of a high performing team of 4, broader Actuarial team of 20. Reporting to Head of Actuarial Development and Analytics and opportunity to interact and work with the Chief Risk Officer, Chief Actuary, Actuarial Heads and the wider business.

Key responsibilities:

• Support the Head of Development and Analytics in shaping the future development strategy of the actuarial analytics capability.
• Lead and contribute to actuarial analytical projects, applying actuarial judgement and data analysis to address emerging business questions.
• Communicate analytical findings to actuarial and non-actuarial stakeholders, helping translate complex analysis into practical business insight.
• Work collaboratively with Pricing, Reserving, Capital, Risk and Exposure Management R&D teams to provide analytical support and technical expertise where required.
• Support initiatives to modernise actuarial data, systems and analytical workflows.
• Support the implementation, development and ongoing optimisation of the central reserving database in collaboration with the reserving team.
• Identify opportunities to improve the way actuarial work is performed, developing innovative approaches that enhance efficiency, insight and robustness of analysis.
• Support the development of junior actuarial analysts, providing guidance on analytical techniques, modelling approaches, and professional development.
• Support the operation of the actuarial automation governance framework, including approvals, testing standards and development controls.
• Help ensure analytical tools and models are developed in line with appropriate governance, documentation and validation standards.
• Maintain awareness of new technologies and industry trends, suggesting advancements that may be relevant to actuarial work, data science, and process automation.
• Building strong working relationships with stakeholders across the actuarial teams and the wider business.
• Maintain appropriate records for all work.

Working for a regulated Company, you will be expected to perform your duties to the highest of standards, in accordance with the following Conduct Rules as specified by the FCA:

• You must act with integrity
• You must act with due care, skill and diligence
• You must be open and co-operative with the FCA, PRA and other regulators
• You must pay due regard to the interests of customers and treat them fairly
• You must observe proper standards of market conduct.

Skills and experience:

• Newly qualified or close to qualifying.
• Strong academic track record.
• Experience and knowledge of General Insurance or London Insurance Market.
• Excellent Excel and report writing skills.
• Knowledge of Python or other coding experience is required.
• Knowledge of Power BI / Qlik is desirable.
• Knowledge of Res-Q / Hx / Igloo is desirable.
• Attention to detail and ability to solve problems.
• Self-starter who uses their own initiative.
• Strong communication skills, both oral and written. Able to tailor communication based on stakeholders involved.
• Strong work ethic, comfortable working through periods of high demand and able to prioritise workload.

Behaviours:

• Supporting each other: Treat each other with dignity and respect, valuing our differences, so we can all be ourselves and achieve our goals.
• Generating creative solutions: We do not settle for things that are not right; we do not walk by, we seek creative solutions.
• Owning the delivery: We set clear objectives and deadlines; we are accountable and own the delivery end to end, knowing others will too.
• High performing professionals, recognising the importance of wellbeing and balance in our lives.
• Building longstanding relationships: Collaboration with our clients and those we work with is key; we work as a team to ensure the best outcomes.