At a Glance
- Tasks: Support actuarial portfolio, pricing & analytics to enhance business performance and decision-making.
- Company: Join a leading reinsurance firm with a global presence and innovative culture.
- Benefits: Competitive salary, professional development, and opportunities for career growth.
- Other info: Collaborative team environment with a focus on innovation and continuous learning.
- Why this job: Make a real impact by using data and analytics to drive strategic initiatives.
- Qualifications: Part to newly qualified actuary with strong analytical skills and a numerate degree.
The predicted salary is between 50000 - 70000 £ per year.
About the Role: Reporting to the Head of LMRe Portfolio, Pricing & Analytics, you will support the actuarial portfolio, pricing & analytics to improve business performance, growth and meeting operational goals. You will be expected to apply a comprehensive understanding of the business implications, significantly influence the course of action taken and provide clear actuarial advice to senior managers and other groups on actuarial, underwriting, financial and strategic matters. You will support LMRe‑wide strategic initiatives by enabling the effective use of data and analytics to strengthen underwriting and portfolio decision‑making. Working closely with Underwriting, Data & MI, Operations, Technology and Actuarial, the role helps ensure analytical tools and insights are well‑designed, adopted, and consistently used to support portfolio management and risk decisions across the business. The role also supports the ongoing use and development of LMRe’s global treaty reinsurance pricing platform (hx Renew), an integrated, cloud‑based solution that brings pricing models and analytics onto a common platform to improve consistency, efficiency, and insight.
Working closely with the following stakeholders:
- LMRe Actuarial Metaline teams to ensure case pricing, model governance and planning as core deliverables to Management and UW stakeholders increase GRS A&DSS influence.
- LM Re Data & Management Information Team: As a key user of central MI, you will be critical in ensuring the required data is captured, appropriate underwriting metrics are designed and used.
- Underwriting: To help drive better underwriting decision making through account pricing, portfolio deep dives and product development.
- LM Re Reserving Team: To understand the key drivers of the reserves, be able to communicate this to management/UW and improve pricing/reserving output based on integrated feedback loops.
About the Department & Team: The actuarial team evaluate business performance and provide LM Re management with a clear, risk‑based view for making decisions on business strategy and risk mitigation. The department covers aspects of actuarial work including pricing, non‑cat parametrisation and business planning. The team also collaborate with other functions in the actuarial support of data & analytics, capital management, exposure management and reinsurance purchasing & strategy. The LM Re actuarial team consists of 24 members, across Singapore, Paris, London, Stamford, and Boston. We form part of the wider, 60 person, LSM actuarial team.
Key Responsibilities:
- Own LMRe’s pricing model risk governance framework.
- Be Responsible for the delivery of projects in compliance against both internal and external standards.
- Support LMRe‑wide strategic initiatives by enabling greater use of data and analytics to strengthen underwriting and portfolio decision‑making.
- Support portfolio management capabilities by working with Underwriting, Data & MI, and Operations to ensure analytical tools and insights are effectively developed, adopted, and used in decision‑making.
- Self‑service analytics – Drive the delivery of insightful and timely self‑service MI on portfolios, lines of business and key risks to drive better data driven decisions within key forums such as pricing committees, quarterly business reviews and deep dives.
- Be responsible for the development of pricing tools – Work to deliver the next generation of pricing models on leading edge platforms as part of the wider underwriting transformation to increase our pricing sophistication, the quality and enhancement of our data, functionality, user experience, and speed of model build/maintenance.
- Develop team / self to improve technical skills and capabilities that will be needed by analytical professionals of the future.
- Understanding the external and competitive landscape and to increase help LM Re’s position and reputation in the market.
- Adherence to all relevant regulatory requirements forms part of your role, and the demonstration of behaviours as set out in the Conduct Risk Policy, as they relate to your role, is core to LSM's commitment to our Liberty Values, placing customers at the centre of our business and behaving with integrity.
- LSM expects you to understand your responsibilities relating to all regulatory and internal requirements, and to proactively demonstrate compliance with these requirements and behaviours at all times.
Skills & Experience:
- Part to newly qualified actuary with relevant work experience ideally in reinsurance.
- Requires educational attainments: 2.1 or better (or equivalent) in a numerate/scientific degree and an A / A* in A-Level Maths or equivalent.
- Strong analytical and technical capability, with practical experience or strong willingness to learn tools such as Excel, SQL, Python, R, PowerPivot, Power BI, and DAX.
- Ability to work with actuarial and pricing data to produce clear, well‑structured analysis, apply appropriate analytical methods, and form reasoned recommendations with guidance from senior members.
- Working knowledge of rating platforms or modelling tools, or willingness to develop this capability.
- Takes ownership of assigned deliverables, managing workload, prioritising effectively, and ensuring timely, high‑quality outputs with clear handovers and early escalation of issues.
- Strong analytical and decision‑making skills, with the ability to assess trade‑offs and exercise good judgement in evolving or ambiguous situations.
- Highly self‑motivated and adaptable, with a proactive approach to developing expertise and responding to evolving business needs.
- Clear and confident communicator, able to explain technical concepts to stakeholders with varying levels of technical understanding.
- Collaborative mindset, able to build strong cross‑functional relationships and contribute to inclusive, effective problem‑solving.
Senior Actuarial Analyst/Actuary – LMRe Portfolio, Pricing & Analytics in London employer: Liberty Specialty Markets
Contact Detail:
Liberty Specialty Markets Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst/Actuary – LMRe Portfolio, Pricing & Analytics in London
✨Tip Number 1
Network like a pro! Reach out to people in the industry, attend events, and connect on LinkedIn. You never know who might have the inside scoop on job openings or can put in a good word for you.
✨Tip Number 2
Prepare for interviews by researching the company and its culture. Understand their values and how your skills align with their goals. This will help you stand out and show that you're genuinely interested in the role.
✨Tip Number 3
Practice your interview skills with friends or family. Get comfortable answering common questions and discussing your experience. The more you practice, the more confident you'll feel when it’s time to shine!
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets noticed. Plus, we love seeing candidates who are proactive about their job search.
We think you need these skills to ace Senior Actuarial Analyst/Actuary – LMRe Portfolio, Pricing & Analytics in London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Actuarial Analyst role. Highlight relevant experience and skills that match the job description, especially in pricing, analytics, and collaboration with various teams.
Craft a Compelling Cover Letter: Your cover letter should tell us why you're the perfect fit for this role. Use specific examples from your past experiences that demonstrate your analytical skills and ability to influence decision-making.
Showcase Your Technical Skills: Don’t forget to mention your proficiency in tools like Excel, SQL, or Python. We want to see how you’ve used these skills in real-world scenarios, so be specific about your achievements.
Apply Through Our Website: We encourage you to apply directly through our website. It’s the best way to ensure your application gets into the right hands and shows us you’re serious about joining our team!
How to prepare for a job interview at Liberty Specialty Markets
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll need to demonstrate your strong analytical skills. Brush up on key actuarial concepts and be ready to discuss how you've applied them in previous roles. Prepare examples that showcase your ability to analyse data and make informed decisions.
✨Familiarise Yourself with Tools
Make sure you're comfortable with the tools mentioned in the job description, like Excel, SQL, Python, and Power BI. If you have experience using these tools, be prepared to discuss specific projects where you utilised them. If not, show your willingness to learn and adapt quickly.
✨Understand the Business Context
This role requires a comprehensive understanding of business implications. Research the company’s recent initiatives and how they relate to portfolio management and risk decisions. Being able to connect your technical skills to their strategic goals will set you apart.
✨Communicate Clearly
You’ll need to explain complex actuarial concepts to stakeholders with varying levels of understanding. Practice articulating your thoughts clearly and concisely. Consider doing mock interviews with friends or colleagues to refine your communication style.