At a Glance
- Tasks: Design and manage long-term insurance portfolios while collaborating with cross-functional teams.
- Company: Join a leading insurance firm known for its innovative approach and supportive culture.
- Benefits: Enjoy competitive salary, generous leave, health cover, and learning opportunities.
- Other info: Collaborative environment with a focus on professional growth and community involvement.
- Why this job: Make a real impact in shaping resilient insurance portfolios across diverse markets.
- Qualifications: Qualified Actuary with 7+ years of pricing experience in long-tail or casualty insurance.
The predicted salary is between 60750 - 74250 £ per year.
The Portfolio Insights team operates as a core strategic partner to our Insurance and Reinsurance divisions. As a Senior Portfolio Actuary, you will operate as an integral part of our underwriting teams to architect long-term portfolio design and manage pricing risks across a highly diverse, multi-geography product suite in London and the US. You will be integral to the commercial strategy for long-tail lines, collaborating seamlessly with cross-functional experts in ceded re, exposure management, actuarial, capital, and innovation to build highly resilient, future-proof portfolios.
Key Responsibilities
- Long term portfolio design: partner with underwriters on the strategic design and management of net portfolios across long-tail, casualty, and financial lines to ensure long-term, sustainable growth.
- Model design and integration: lead the specification and parameterisation of pricing models in close partnership with the broader Actuarial and Underwriting functions.
- Integrated commercial advisory: act as a dedicated partner to evaluate new lines of business, balancing growth with overarching portfolio strategy.
- Strategic business partnering: leverage your deep product expertise to shape underwriting priorities, co-owning business outcomes and driving commercial success.
- Analytics leadership: champion the evolution of our market-leading tooling, increasing business transparency and confidence in data-driven decisions.
Skills Knowledge and Expertise
- Qualified Actuary with 7+ years of actuarial pricing experience across long-tail or casualty insurance lines in the London market.
- Strong influencing skills, with an aptitude for anticipating stakeholder needs and thinking about the right ways to provide support. You’ll understand underwriters’ priorities and how you can add value.
- Communicate with impact; you are a thoughtful and effective communicator with a diverse audience both face-to-face and in writing.
- Strong insights on modern tooling and how it can be leveraged for the benefit of underwriting and portfolio analysis.
- Collaborative nature, which reflects itself in your ability to share workload and foster open communication with your peers across Convex and the humility to recognise other people’s strengths and how they complement your skill set.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
Senior Portfolio Actuary in London employer: Convex Insurance
As a Senior Portfolio Actuary at our London-based firm, you will thrive in a dynamic work culture that prioritises collaboration and innovation. We offer competitive salaries, generous annual leave, and a commitment to employee growth through extensive learning opportunities, ensuring you can develop your skills while contributing to meaningful projects in the insurance sector. Join us to be part of a forward-thinking team that values your expertise and fosters a supportive environment for professional advancement.
StudySmarter Expert Advice🤫
We think this is how you could land Senior Portfolio Actuary in London
✨Dive Into Industry Networking Events
Get your foot in the door by attending insurance industry events and conferences. Not only will you learn about the latest trends, but you'll also meet potential employers and industry peers. Check out local chapters of professional bodies like the Chartered Insurance Institute for valuable meetups.
✨Use LinkedIn to Your Advantage
Don’t underestimate the power of LinkedIn in the insurance world. Engage with industry content, join relevant groups, and connect with professionals at companies you admire (like Convex Insurance). A thoughtful message explaining your interest can really make a difference!
✨Look Out for Graduate Schemes
Many firms in insurance have structured graduate programmes. Keep an eye on application windows and utilise your university's career services for insider tips. These schemes are designed to develop talent and often lead to permanent roles after your initial training.
✨Leverage Your Current Connections
Got friends or family in the industry? Now’s the time to reach out! Personal referrals can give you a head start, so let them know you're on the lookout for full-time opportunities at places like Convex Insurance. Don’t shy away from asking for a coffee chat; you never know what doors it might open!
We think you need these skills to ace Senior Portfolio Actuary in London
Some tips for your application 🫡
Highlight Your Analytical Skills:In insurance, we love a candidate who can crunch numbers and analyse data effectively. When crafting your CV, make sure to showcase any relevant coursework or experiences that highlight your analytical abilities, especially if you’ve tackled risk assessment or financial modelling.
Showcase Industry Knowledge:Don’t be shy about your knowledge of the insurance sector! We want to see that you've done your homework on current trends, regulations, and challenges in the industry. Mention any relevant projects or studies you’ve completed that demonstrate your understanding of the field in your cover letter.
Craft a Compelling Cover Letter:Your cover letter should tell us why you’re passionate about insurance. Share any personal experiences or what drew you into this profession. We’re looking for enthusiasm and a clear motivation for why you want to be part of our team at Convex Insurance.
Tailor Your CV for the Role:Don't just send a generic CV! Focus on tailoring it specifically for the insurance role at Convex Insurance. Highlight relevant skills such as risk management, customer service experience, or any certifications you've earned in the industry to make your application stand out.
How to prepare for a job interview at Convex Insurance
✨Know Your Numbers: Insurance Fundamentals
Brush up on your understanding of key insurance concepts, like underwriting principles and risk assessment. Expect the interviewer at Convex Insurance to throw some technical questions your way, so be ready to demonstrate your grasp of these essentials.
✨Showcase Your Analytical Side
In the insurance world, it's all about data. Prepare to discuss any analytical tools or methodologies you've used in past experiences. If you have a portfolio of projects where you've tackled complex data, bring that along to impress the team!
✨Prepare for Behavioural Questions
As a full-timer at Convex Insurance, they'll want to know how you handle real-life scenarios, not just theory. Think about challenges you've faced in teamwork or customer service, and how those experiences can relate to a career in insurance.
✨Know the Company Culture Inside Out
Understanding Convex Insurance's values and workplace culture is essential. Don’t just memorise their mission statement; think about how your personal values align with theirs. This will show your genuine interest in being part of their team long-term.
