At a Glance
- Tasks: Provide analytical support and insights for insurance and reinsurance projects.
- Company: Join a dynamic global broker with a collaborative culture.
- Benefits: Gain experience, develop skills, and progress through actuarial qualifications.
- Other info: Opportunity for career growth in a fast-paced environment.
- Why this job: Make a real impact in the world of risk and insurance.
- Qualifications: Analytical mindset and familiarity with Python or similar tools.
The predicted salary is between 29700 - 36300 £ per year.
BMS is a dynamic, independent global broker delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk. We are a global brand with offices located across the US, Canada, Latin America, Australia, Europe and Asia with both a strong local focus and understanding of market needs.
Position Overview
In this role you will function as an integral member of the actuarial and broking team, providing analytical and actuarial support to brokers, clients and prospects. You will work across a wide range of insurance and reinsurance lines of business, supporting portfolio analysis, reinsurance structuring, profitability assessments, and strategic projects. You will be part of a growing and dynamic team with the opportunity to gain extensive experience in actuarial analysis, data analytics, portfolio management, and alternative capital solutions. The role will provide exposure to both technical and client-facing activities and offers an excellent opportunity to develop actuarial, analytical, and commercial expertise while progressing through the actuarial qualification process.
Essential Responsibilities:
- Extract, cleanse, validate, and transform client datasets to be used in actuarial analysis.
- Utilise Python and other analytical tools to automate processes and improve efficiency.
- Assist in analysis of insurance and reinsurance structures, evaluating performance of portfolios, identifying loss trends, and calculation of portfolio profitability.
- Assist in interpreting the results of actuarial analysis and produce clear and insightful reports through visualisations, dashboards, and presentations.
- Present findings and recommendations to both technical and non-technical audiences.
- Support continuous improvements in processes and models.
- Work collaboratively with brokers, actuaries, and catastrophe analysts across the business.
- Support strategic projects and contribute to the continued growth of the analytics function.
- Perform required actuarial work in a highly professional and timely manner.
- Maintain the continuing education requirements as required by the Institute and Faculty of Actuaries.
Actuarial Analyst employer: BMS Group
BMS Group is an exceptional employer that prioritises employee well-being and professional growth, offering a competitive salary, comprehensive benefits including private medical cover, and a commitment to diversity and inclusion. With a collaborative work culture and flexible hybrid working options, employees are empowered to thrive in their roles while contributing to meaningful projects that protect vital information security. The company’s dedication to continuous improvement and community engagement through initiatives like the 'BMS Together' programme further enhances the rewarding experience of being part of this dynamic global team.
