At a Glance
- Tasks: Analyse reinsurance treaties and present findings to senior audiences.
- Company: Join a leading global insurance company with a collaborative environment.
- 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.
- Other info: Dynamic role based in London with exposure to senior stakeholders.
The predicted salary is between 36000 - 60000 ÂŁ 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 nonâactuarial 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
- 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 nonâlife insurance actuarial experience, including exposure to commercial property business
- Qualified or nearâqualified member of the Institute and Faculty of Actuaries or a similar international qualification
Reinsurance Actuarial Analyst, Ceded Re in London employer: Chubb
Contact Detail:
Chubb Recruiting Team
StudySmarter Expert Advice đ¤Ť
We think this is how you could land Reinsurance Actuarial Analyst, Ceded Re in London
â¨Tip Number 1
Network like a pro! Reach out to your connections in the insurance and reinsurance sectors. We all know that sometimes itâs not just what you know, but who you know. Attend industry events or webinars to meet potential employers and get your name out there.
â¨Tip Number 2
Practice your presentation skills! Since you'll be presenting findings to senior audiences, itâs crucial to be confident and clear. We suggest doing mock presentations with friends or colleagues to get comfortable discussing complex topics in an engaging way.
â¨Tip Number 3
Show off your analytical skills! When you get the chance, share examples of how you've used stochastic and deterministic models in past roles. We want to see how you can apply your experience to the Ceded Re team, so make sure to highlight relevant projects.
â¨Tip Number 4
Apply through our website! Itâs the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive about their job search. So, donât hesitate â hit that apply button and letâs get the conversation started!
We think you need these skills to ace Reinsurance Actuarial Analyst, Ceded Re in London
Some tips for your application đŤĄ
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!
Show Off Your Communication Skills: Since you'll be discussing results with both technical and non-technical folks, it's crucial to showcase your ability to communicate clearly. Use examples in your application that demonstrate how you've effectively explained complex concepts in the past.
Be Confident in Your Presentation Skills: You'll need to present findings to senior audiences, so let us know about any relevant experiences. If you've presented to committees or similar groups before, mention it! Confidence is key, and we want to see that you can hold your own in front of an audience.
Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of applications better and ensures you donât miss out on any important updates from us. Plus, itâs super easy!
How to prepare for a job interview at Chubb
â¨Know Your Numbers
Brush up on your technical skills, especially in Excel and any relevant actuarial software. Be prepared to discuss specific models you've worked with and how they apply to reinsurance treaties. This will show that youâre not just familiar with the theory but can also apply it practically.
â¨Communicate Like a Pro
Since you'll be discussing complex results with non-actuarial colleagues, practice explaining your findings in simple terms. Use clear examples and avoid jargon. This will demonstrate your ability to communicate effectively, which is crucial for this role.
â¨Present with Confidence
Youâll need to present to senior audiences, so rehearse your presentation skills. Focus on structuring your findings logically and anticipate questions they might ask. Practising in front of friends or colleagues can help you refine your delivery and boost your confidence.
â¨Stay Curious and Creative
Show your willingness to challenge existing processes and think outside the box. Prepare examples of how you've improved models or processes in the past. This will highlight your proactive approach and ability to add value to the team.