At a Glance
- Tasks: Provide analytical support in actuarial analysis and collaborate on strategic projects.
- Company: Dynamic global broker focused on insurance and reinsurance solutions.
- Benefits: Competitive salary, 27 days holiday, private medical cover, and gym subsidies.
- Other info: Flexible working policies and commitment to diversity and inclusion.
- Why this job: Gain extensive experience in a growing team while making a real impact in the industry.
- Qualifications: Bachelor’s degree in relevant fields and foundation knowledge of actuarial concepts.
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. Being independent gives our brokers the freedom to deliver the best solutions and combined with our collaborative team approach, single platform worldwide and renowned personal service, we are the independent broker of choice.
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.
- 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.
- 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.
Bachelor’s degree from university preferably in Mathematics, Actuarial Science, Economics, Finance or Business (2:1 minimum). Foundation knowledge and understanding of actuarial concepts, including pricing and reserving. Communicate clearly and effectively, both verbally and in writing. Experience using or an interest in developing skills in Python and other analytical tools. Advanced Microsoft Excel skills. Progression towards actuarial qualification or a commitment to pursuing qualification through the Institute and Faculty of Actuaries would be advantageous.
BMS is a thriving business with strong growth and ambition in the attractive broking market segment. The individual will get exposure to all opportunities within the team and to work on a wide range of opportunities across advisory and risk transfer. Opportunity to learn and develop into a wide range of lines of business and in an entrepreneurial environment. Actuarial exam programme to support your ongoing progress of exams.
This role offers a competitive salary and bonus, 27 days holiday, plus access to our personalised benefits platform, Your Rewards, including:
- comprehensive private medical cover for you and your dependents
- access to a virtual 24hr GP
- critical illness cover
- gym subsidy & dedicated wellbeing support
- retail discounts
- defined contribution pension
Through our Diversity, Equity and Inclusion (DEI) vision, we are committed to ‘building a culture of belonging for all, valuing diverse perspectives and embracing authenticity.’ As such, we have created our ‘BMS Together’ programme, with dedicated training, collaborative committees and intentional partnerships. In support of our ESG vision, we offer two additional paid days each year to take part in charitable work.
BMS offers flexible and hybrid working policies and we’re happy to discuss options with you upon application.
Actuary Analyst in London employer: BMS Group
BMS is an exceptional employer that fosters a dynamic and collaborative work culture, providing Actuary Analysts with extensive opportunities for professional growth and development. With a strong commitment to diversity, equity, and inclusion, as well as a comprehensive benefits package including private medical cover and flexible working options, BMS empowers its employees to thrive in their careers while making a meaningful impact in the insurance and reinsurance sectors.
