At a Glance
- Tasks: Lead the investment process for insurance linked securities and analyse property-related risks.
- Company: Dynamic investment firm specialising in insurance linked securities.
- Benefits: Competitive salary, high bonuses, and opportunities for professional growth.
- Other info: Flexible on qualifications; great for those looking to advance in finance and actuarial fields.
- Why this job: Join a cutting-edge team and make impactful decisions in the investment landscape.
- Qualifications: Experience in non-life reinsurance and familiarity with coding in R or Python.
The predicted salary is between 63000 - 77000 £ per year.
We are recruiting an experienced actuary to join an insurance linked securities (ILS) function in an investment capacity.
The role will see the individual responsible for the whole investments process: from initial submission analysis, deciding what counts and what doesn't, performing modelling to understand expected losses, estimating an appropriate price for the deal given internal guidelines, writing up an investment memo, defending it in front of the investments committee etc. The team is involved in the whole range of ILS products.
Please note that we are looking for a very specific skill-set:
- We are looking for a non-life reinsurance actuary; you will have experience of working in pricing for a reinsurance company, or perhaps the treaty team of a major (re) insurer or in a similar capacity at a reinsurance broker.
- You need some familiarity with property-related risks and how to analyse them; ideally you will have used major cat modelling tools (AIR, RMS/Moody's etc). More familiarity will ease your transition into the role.
- You need some aptitude for coding; no specific tools required but R and/or Python knowledge would be very handy as a lot of internal analysis is done using them. Again, more knowledge will ease your transition into the role but is not a deal-breaker.
Any familiarity with retro, collateralised reinsurance, ILWs, cat bonds etc is very welcome but not essential and will not rule anyone out. Knowledge of financial maths or portfolio management is again useful but not essential.
The role comes with a very competitive base salary and a much higher bonus than one would expect in the (re) insurance world, reflecting the investment environment.
Experienced Analysis Actuary in London employer: Hanover
Join a dynamic team where your expertise as an Experienced Analysis Actuary will be valued and rewarded. Our company fosters a collaborative work culture that prioritises employee growth, offering ample opportunities for professional development in the exciting field of insurance linked securities. Located in a vibrant area, we provide a competitive salary and an attractive bonus structure, making us an excellent employer for those seeking meaningful and impactful work.
