MI Analyst, Actuarial Systems
MI Analyst, Actuarial Systems

MI Analyst, Actuarial Systems

London Full-Time 36000 - 60000 ÂŁ / year (est.) No home office possible
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At a Glance

  • Tasks: Assist in improving data efficiency and reliability through system development and reporting.
  • Company: Join Lloyd’s, the leading insurance marketplace, committed to building a braver, sustainable future.
  • Benefits: Enjoy flexible working options and a total rewards package beyond the standard benefits.
  • Why this job: Be part of a diverse team tackling complex problems with innovative solutions in a supportive environment.
  • Qualifications: Familiarity with Python, SQL, and analytical skills are essential; a willingness to learn is key.
  • Other info: This is a 6-month fixed-term contract role with opportunities for growth and learning.

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

Lloyd’s is the world’s leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market’s brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow’s progress isn’t limited by today’s risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that’s more sustainable, resilient and inclusive, you’ll find a home at Lloyd’s – build a braver future with us.

Lloyd\’s is seeking to recruit an MI Analyst Actuarial Systems. The role holder will primarily assist the Manager, Actuarial Data and Systems to improve the efficiency and reliability of the data capabilities within the team by developing and enhancing systems, processes and reporting. Additionally, the role holder will be required to assist the team’s data scientists in their analytical projects.

The Corporation of Lloyd’s oversees and provides services to support the Lloyd’s market and promotes Lloyd’s around the world.

Market Reserving & Capital (MRC) is the actuarial department in the Corporation and is responsible for market oversight as regards monitoring the adequacy of reserves and capital at syndicate level, and for the calculation of capital requirements for members and the Central Fund.

The responsibilities of MRC require significant volumes of data for which they must attest the accuracy, completeness and appropriateness. This role is a leading part of the maintenance and analyses of these datasets.

Principal Accountabilities

  1. Develop and enhance MRC reports and processes.
  2. Use Data Lake to manage MRC data.
  3. Develop and maintain Python scripts, using GitHub for version control.
  4. Develop and maintain our suite of dashboards.
  5. Gather and analyse the data required for the projects and ad-hoc tasks including performing gap/impact analysis in Excel.
  6. Provide support to the actuarial teams as well as wider Lloyd’s departments as required.
  7. Provide assistance to the Lloyd’s Internal Model team with the use of Lloyd’s coding packages.
  8. Assist the team’s data scientists and engineers in predictive analytics projects.
  9. Understand the datasets used by MRC.
  10. Assist in the collection and management of key MRC data sets from the market. Assist in the validation process of these key data sets, including communicating issues to the market.

Skills Knowledge and Experience

  1. Python or the clear potential to develop Python skills.
  2. SQL or Data Lake knowledge.
  3. Microsoft Office.
  4. Analytical skills.
  5. Apply sense-checking to expectation of output.
  6. Proactively spot and raise issues which may mean deadlines are not met.
  7. Assist others with queries within own work area.
  8. Adapt style of communication to different audiences.
  9. Proactively recognise needs of wider team and adapt work undertaken appropriately.
  10. Used to suggesting new, practical ways of engineering existing processes within own work areas, including the adoption of new technology.

Diversity and inclusion are a focus for us – Lloyd’s aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential. In practice, this means we are positive and inclusive about making workplace adjustments, we offer regular health and wellbeing programmes, diversity and inclusion training, employee networks, mentoring and volunteering opportunities as well as investment into your professional development. You can read more about diversity and inclusion on our website .

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc). These include financial support for training, education & development, a benefit allowance (to spend on our flexible benefits such as gym membership, dental insurance, extra holiday or to partake in our cycle to work scheme), employee recognition scheme and various employee discount schemes.

By choosing Lloyd\’s, you\’ll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link:

Please note, clicking on this link does not register your application for the vacancy.

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MI Analyst, Actuarial Systems employer: Lloyd's

At Lloyd's, we pride ourselves on being a leading employer in the insurance and reinsurance marketplace, fostering a culture of collaboration and innovation. Our commitment to diversity and inclusion ensures that every employee is valued and respected, while our flexible working arrangements promote a healthy work-life balance. Join us as an MI Analyst in Actuarial Systems, where you'll have the opportunity to grow your skills in a supportive environment, contributing to meaningful projects that shape a braver future.
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Contact Detail:

Lloyd's Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land MI Analyst, Actuarial Systems

✨Tip Number 1

Familiarize yourself with Python and SQL, as these are crucial for the MI Analyst role. Consider taking online courses or working on personal projects to demonstrate your skills in these areas.

✨Tip Number 2

Gain experience with data visualization tools and dashboard creation. Being able to showcase your ability to develop and maintain dashboards will set you apart from other candidates.

✨Tip Number 3

Understand the importance of data accuracy and completeness in actuarial systems. Be prepared to discuss how you've ensured data integrity in past projects during your interview.

✨Tip Number 4

Show your proactive problem-solving skills by preparing examples of how you've identified and addressed issues in previous roles. This aligns well with Lloyd's value of doing the right thing.

We think you need these skills to ace MI Analyst, Actuarial Systems

Python Programming
SQL Knowledge
Data Lake Management
Microsoft Office Proficiency
Analytical Skills
Data Validation Techniques
Gap/Impact Analysis
Version Control with GitHub
Dashboard Development
Effective Communication Skills
Problem-Solving Skills
Adaptability to Different Audiences
Proactive Issue Identification
Collaboration with Data Scientists

Some tips for your application 🫡

Understand the Role: Take the time to thoroughly read the job description for the MI Analyst position. Understand the key responsibilities and required skills, especially around Python, SQL, and data management.

Tailor Your CV: Customize your CV to highlight relevant experience and skills that align with the job requirements. Emphasize your analytical skills, experience with Python, and any previous work with data sets.

Craft a Compelling Cover Letter: Write a cover letter that reflects your passion for the role and the values of Lloyd’s. Mention specific experiences that demonstrate your ability to improve data capabilities and support teams in analytical projects.

Showcase Your Technical Skills: In your application, be sure to mention your proficiency in Python and SQL, as well as any experience with Data Lakes or dashboard development. Provide examples of how you've used these skills in past roles.

How to prepare for a job interview at Lloyd's

✨Show Your Analytical Skills

Be prepared to discuss your analytical skills in detail. Highlight specific examples where you've successfully gathered and analyzed data, especially in relation to Python or SQL. This will demonstrate your capability to handle the responsibilities of the MI Analyst role.

✨Familiarize Yourself with Data Lakes

Since the role involves managing MRC data using Data Lake, make sure you understand how Data Lakes work. Be ready to explain how you would use them to improve data efficiency and reliability, as this aligns with the team's goals.

✨Communicate Effectively

Adapt your communication style to suit different audiences. Practice explaining complex data concepts in simple terms, as you may need to assist various teams within Lloyd’s. This skill is crucial for collaboration and ensuring everyone is on the same page.

✨Demonstrate Proactivity

Lloyd's values proactive problem-solving. Prepare to share instances where you've identified potential issues before they became problems, particularly in project deadlines or data accuracy. This will show that you align with their value of being brave and doing the right thing.

MI Analyst, Actuarial Systems
Lloyd's
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  • MI Analyst, Actuarial Systems

    London
    Full-Time
    36000 - 60000 ÂŁ / year (est.)

    Application deadline: 2027-04-23

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    Lloyd's

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