At a Glance
- Tasks: Price large insurance policies and collaborate with underwriters across Europe.
- Company: Join Berkshire Hathaway Specialty Insurance, a trusted global insurance partner.
- Benefits: Competitive salary, growth opportunities, and a dynamic work environment.
- Why this job: Be part of an innovative team making a real impact in the insurance industry.
- Qualifications: Degree in actuarial studies or related field; experience with data analysis is a plus.
- Other info: Perfect for recent graduates or those pursuing actuarial qualifications.
The predicted salary is between 30000 - 40000 £ per year.
Who are we? A strategic and trusted insurance partner, Berkshire Hathaway Specialty Insurance (BHSI), provides a broad range of commercial property, casualty and specialty insurance coverages and outstanding service to customers and brokers around the world. We are a values-based organization where respect, integrity, excellence, collaboration, and passion define who we are and how we do business. We value diversity of backgrounds, experience, and perspectives and strive to foster an inclusive environment that enables all our team members to bring their best selves to work.
Job Opportunity: Berkshire Hathaway Specialty Insurance (BHSI) has an exciting opportunity for an Actuarial Analyst to join our European Actuarial Team. We are looking for an individual who has both an ability to excel and an excellence of character. Our culture is innovative and fast paced and this position will be the perfect fit for an individual who is intellectually curious, self-motivated, and collaborative.
This position will be based in our London office with a focus on our UK and European Executive & Professional Lines portfolio including Commercial Directors & Officers, Professional Indemnity, Financial Institutions, Cyber and Transactional Liability; as well as the Marine and DUA portfolios. The tasks and responsibilities will grow in line with the maturity of the business and the candidate’s profile.
The role is open for candidates pursuing the Actuarial exam qualification. Applications are welcomed from recent graduates as well as from individuals with relevant actuarial or analytical experience. Job title and compensation will be commensurate with the experience and exam level of the individual.
Duties & Responsibilities:
- Price individual large insurance policies and be the business partner for underwriters in this process.
- Work with the data compilation team to ensure high quality data capture.
- Analyse claims and exposure data.
- Involvement in existing projects such as pricing model recalibration, pricing model enhancement.
- Provide general pricing support to the business across 9 countries in Europe, including technical assistance on pricing models, data quality issues and so on.
- Collaborate across functions and regions on the development and maintenance of actuarial pricing and reporting processes.
- Assist the underwriting community in benefiting from available reporting tools.
- Research and implementation of new pricing techniques.
Qualifications, Skills and Experience:
- Bachelor’s or master’s Degree or equivalent in actuarial studies, mathematics, statistics, or a related field.
- Actuarial or analytical experience gained through academic study, internships, placements, or professional roles within insurance, actuarial, or data‑driven environments.
- Excellent skills in excel and working knowledge in SQL, R and/or Python.
- An interest in data science concepts and analytical problem‑solving.
- Studying towards actuarial qualification, or intending to begin actuarial exams.
- Solid oral and written communication skills in English.
- Exceptional organisational skills and attention to detail.
- Strong interpersonal skills and the ability to work in a team environment as well as independently.
- Strong desire to learn from and share knowledge with teammates.
BHSI Offers:
- A competitive package and exciting growth opportunities for career-oriented teammates.
- A dynamic, action oriented, and thoughtful environment centered on always doing the right thing for our customers, teammates, and our other stakeholders.
- A purposely non-bureaucratic organization that embraces simplicity over complexity and emphasizes individual excellence in a team framework.
To apply, please submit your CV with a cover letter outlining why this would be the perfect role for you. NOTE: Compensation will be commensurate with experience. This job description is not intended to be all-inclusive. Team Member may perform other related duties as negotiated to meet the ongoing needs of the organization.
Actuarial Analyst in Slough employer: Berkshire Hathaway Specialty Insurance
Contact Detail:
Berkshire Hathaway Specialty Insurance Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Actuarial Analyst in Slough
✨Tip Number 1
Network like a pro! Reach out to current or former employees at BHSI 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 technical skills. Since you're aiming for an Actuarial Analyst role, be ready to discuss your experience with Excel, SQL, R, or Python. Show us how you can tackle data-driven challenges!
✨Tip Number 3
Don’t just focus on your qualifications; highlight your character! BHSI values integrity and collaboration, so share examples of how you've worked well in teams or tackled challenges with a positive attitude.
✨Tip Number 4
Apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re genuinely interested in being part of our team. Let’s get you started on this exciting journey!
We think you need these skills to ace Actuarial Analyst in Slough
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Actuarial Analyst role. Highlight relevant skills and experiences that align with what we’re looking for, like your analytical abilities and any actuarial qualifications you’re pursuing.
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re excited about this role and how your background makes you a great fit. Don’t forget to mention our values and how you embody them!
Showcase Your Technical Skills: We love candidates who are tech-savvy! Be sure to mention your proficiency in Excel, SQL, R, or Python. If you’ve worked on any relevant projects, share those experiences to demonstrate your capabilities.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. 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 Berkshire Hathaway Specialty Insurance
✨Know Your Numbers
As an Actuarial Analyst, you'll be dealing with data and numbers all the time. Brush up on your statistical knowledge and be ready to discuss how you would approach pricing models or data analysis. Familiarise yourself with common actuarial concepts and be prepared to explain them clearly.
✨Show Your Collaborative Spirit
BHSI values teamwork and collaboration. Think of examples from your past experiences where you've worked effectively in a team. Be ready to share how you contributed to group projects and how you can bring that collaborative mindset to their European Actuarial Team.
✨Demonstrate Your Curiosity
The role requires someone who is intellectually curious. Prepare questions about the company’s innovative practices and how they approach new pricing techniques. This shows you're not just interested in the job, but also in the company's growth and development.
✨Master the Tech Tools
Since the job mentions skills in Excel, SQL, R, and Python, make sure you can talk confidently about your experience with these tools. If you have any projects or coursework that involved these technologies, be ready to discuss them in detail to showcase your technical prowess.