Reinsurance Actuarial Analyst, Ceded Re in City of London
Reinsurance Actuarial Analyst, Ceded Re

Reinsurance Actuarial Analyst, Ceded Re in City of London

City of London Full-Time 36000 - 60000 £ / year (est.) No home office possible
C

At a Glance

  • Tasks: Analyse reinsurance treaties and present findings to senior audiences.
  • Company: Join a leading global insurance company with a collaborative culture.
  • Benefits: Competitive salary, professional development, and opportunities for career growth.
  • Why this job: Make an impact in the reinsurance sector while developing your analytical skills.
  • Qualifications: Experience in insurance or reinsurance pricing and strong Excel skills required.
  • Other info: Dynamic role based in London with exposure to senior stakeholders.

The predicted salary is between 36000 - 60000 £ per year.

This role represents a unique opportunity in the Ceded Reinsurance team to support the reinsurance purchase process across the COG region on a wide variety of business lines. The actuary/analyst will be involved in analysing reinsurance treaties using stochastic and deterministic models to understand the value of various structures. The successful candidate will need to be comfortable discussing results and assumptions with senior non‑actuarial colleagues from a variety of roles within Chubb and with external brokers and reinsurers. The actuary/analyst will be involved in presenting findings and recommendations to the COG Reinsurance Committee and must be confident presenting to senior audiences. Additionally, the actuary/analyst will support the parameters used in the Reinsurance module of the European internal model, updating parameters and validating results from the internal model. The role is based in London and reports to the COG Head of Ceded Reinsurance.

Key Responsibilities

  • Analyse reinsurance treaties
  • Discuss and explain results and parameters to internal and external audiences
  • Present results and recommendations to the COG Reinsurance Committee
  • Build and improve reinsurance pricing models

Internal Model Support

  • Produce reinsurance parameters for the internal model
  • Validate reinsurance outputs from the internal model

Qualifications Required Experience

  • Experience in insurance or reinsurance pricing
  • Capital modelling experience (preferred but not required)
  • Ability to communicate technical positions clearly and effectively
  • Ability to think creatively and challenge existing processes to maximise value added
  • High level of proficiency in Excel and other MS Office products
  • Minimum 5 years non‑life insurance actuarial experience, including exposure to commercial property business
  • Qualified or near‑qualified member of the Institute and Faculty of Actuaries or a similar international qualification

Reinsurance Actuarial Analyst, Ceded Re in City of London employer: Chubb

Chubb is an exceptional employer, offering a dynamic work environment in the heart of London where innovation and collaboration thrive. Employees benefit from a strong focus on professional development, with opportunities to engage with senior leaders and present impactful findings, all while being part of a supportive team that values diverse perspectives. The company's commitment to employee growth and its inclusive culture make it a rewarding place for actuaries looking to advance their careers in reinsurance.
C

Contact Detail:

Chubb Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Reinsurance Actuarial Analyst, Ceded Re in City of London

✨Tip Number 1

Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. Attend industry events or webinars where you can meet potential employers and discuss your interest in roles like the Reinsurance Actuarial Analyst.

✨Tip Number 2

Practice your presentation skills! Since you'll be presenting findings to senior audiences, it’s crucial to be confident and clear. Grab a friend or mentor and run through your analysis and recommendations to get comfortable with the material.

✨Tip Number 3

Show off your analytical skills! Prepare a portfolio of your past work, especially any projects involving stochastic and deterministic models. This will help you demonstrate your expertise and thought process during interviews.

✨Tip Number 4

Don’t forget to apply through our website! We’ve got loads of opportunities that might just be perfect for you. Plus, applying directly shows your enthusiasm and commitment to joining our team.

We think you need these skills to ace Reinsurance Actuarial Analyst, Ceded Re in City of London

Reinsurance Analysis
Stochastic Modelling
Deterministic Modelling
Communication Skills
Presentation Skills
Reinsurance Pricing Models
Internal Model Support
Parameter Validation
Excel Proficiency
MS Office Proficiency
Non-Life Insurance Actuarial Experience
Creative Thinking
Process Improvement
Actuarial Qualifications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Reinsurance Actuarial Analyst role. Highlight your experience in insurance or reinsurance pricing and any capital modelling you've done. We want to see how your skills match what we're looking for!

Showcase Your Communication Skills: Since you'll be discussing results with senior colleagues and external partners, it's crucial to demonstrate your ability to communicate complex ideas clearly. Use examples in your application that show how you've successfully presented findings in the past.

Highlight Technical Proficiency: We love a candidate who's got a high level of proficiency in Excel and other MS Office products. Make sure to mention any specific tools or software you've used in your previous roles that relate to reinsurance pricing models.

Apply Through Our Website: Don't forget to apply through our website! It’s the best way for us to receive your application and ensures you’re considered for the role. We can’t wait to see what you bring to the table!

How to prepare for a job interview at Chubb

✨Know Your Numbers

As a Reinsurance Actuarial Analyst, you'll be dealing with complex models and data. Brush up on your technical skills, especially in Excel and any relevant actuarial software. Be prepared to discuss specific examples of how you've used these tools in past roles.

✨Communicate Clearly

You'll need to explain your findings to both technical and non-technical audiences. Practice summarising complex concepts into simple terms. Think about how you can make your analysis relatable to those who may not have an actuarial background.

✨Present with Confidence

Since you'll be presenting to the COG Reinsurance Committee, practice your presentation skills. Use clear visuals and be ready to answer questions. Consider doing mock presentations with friends or colleagues to build your confidence.

✨Stay Curious and Creative

The role requires you to challenge existing processes. Prepare to discuss how you've approached problem-solving in the past. Think of innovative ideas you could bring to the team and be ready to share them during the interview.

Reinsurance Actuarial Analyst, Ceded Re in City of London
Chubb
Location: City of London

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

C
  • Reinsurance Actuarial Analyst, Ceded Re in City of London

    City of London
    Full-Time
    36000 - 60000 £ / year (est.)
  • C

    Chubb

    10000+
Similar positions in other companies
UK’s top job board for Gen Z
discover-jobs-cta
Discover now
>