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- Tasks: Develop actuarial tasks and create scenarios for Reserving using advanced methods.
- Company: Join a leading AI research lab backed by top investors in a remote role.
- Benefits: Competitive hourly pay, flexible work hours, and weekly payments.
- Other info: Dynamic remote environment with daily application reviews and support available.
- Why this job: Make an impact in the AI field while utilising your actuarial expertise.
- Qualifications: 3+ years in P&C or life actuarial work with strong analytical skills.
The predicted salary is between 115 - 150 £ per hour.
About the job Mercor connects elite creative and technical talent with leading AI research labs. Headquartered in San Francisco, our investors include Benchmark, General Catalyst, Peter Thiel, Adam D'Angelo, Larry Summers, and Jack Dorsey.
Position: Actuarial & Pricing Expert
Type: Contract
Compensation: $115–$150/hour
Location: Remote
Role Responsibilities
- Develop long-horizon actuarial tasks with deterministic rubrics for agent performance evaluation.
- Create scenarios for Reserving using methods like chain-ladder and Bornhuetter-Ferguson.
- Design Pricing and rate indications tasks with defined target loss ratios and experience rating factors.
- Analyze Filings and treaties including rate filings and reinsurance treaty computations.
- Work independently and asynchronously to deliver high-quality, verifiable tasks.
Qualifications
Must-Have
- 3+ years in P&C or life actuarial work at a carrier, consultancy, or reinsurer.
- Expertise in loss reserving, rate indications, IBNR methodology, and actuarial tools like Arius, ResQ, Igloo, R, or Python.
- Strong written communication skills for articulating reasoning and creating deterministic rubrics.
Preferred
- ASA, FSA, ACAS, or FCAS exam progress or full designation.
Compensation & Legal
Hourly contractor, Paid weekly via Stripe Connect.
Application Process (Takes 20–30 mins to complete)
- Upload resume
- AI interview based on your resume
- Submit form
Resources & Support
For details about the interview process and platform information, please check: Interview Process
For any help or support, reach out to:
PS: Our team reviews applications daily. Please complete your AI interview and application steps to be considered for this opportunity.
Senior Actuarial Analyst in London employer: Mercor
Contact Detail:
Mercor Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst in London
✨Tip Number 1
Get familiar with the company and its culture. Research Mercor's projects and values so you can tailor your responses during the interview. This shows you're genuinely interested and helps you stand out.
✨Tip Number 2
Practice your AI interview skills! Since you'll be going through an AI interview based on your resume, make sure to rehearse common actuarial questions and articulate your experience clearly. We want you to shine!
✨Tip Number 3
Showcase your technical skills! Be ready to discuss your expertise in tools like R or Python, and how you've applied them in real-world scenarios. This is your chance to impress with your analytical prowess.
✨Tip Number 4
Don't forget to follow up! After your interview, send a quick thank-you note expressing your appreciation for the opportunity. It keeps you on their radar and shows your enthusiasm for the role.
We think you need these skills to ace Senior Actuarial Analyst in London
Some tips for your application 🫡
Tailor Your Resume: Make sure your resume highlights your experience in P&C or life actuarial work. We want to see how your skills align with the role, so don’t be shy about showcasing your expertise in loss reserving and rate indications!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you’re the perfect fit for this Senior Actuarial Analyst position. We love seeing your personality come through, so keep it professional but let your enthusiasm show!
Be Clear and Concise: When filling out the application form, clarity is key. We appreciate straightforward answers that get to the point. Remember, we’re looking for strong written communication skills, so make every word count!
Complete the AI Interview: Don’t forget to complete the AI interview based on your resume! This step is crucial for us to get to know you better. It only takes a bit of time, and it’s a great opportunity to showcase your skills further.
How to prepare for a job interview at Mercor
✨Know Your Actuarial Stuff
Make sure you brush up on your knowledge of loss reserving, rate indications, and IBNR methodology. Be ready to discuss how you've applied these concepts in your previous roles, as this will show your expertise and confidence in the field.
✨Showcase Your Tools
Familiarise yourself with actuarial tools like Arius, ResQ, Igloo, R, or Python. During the interview, be prepared to explain how you've used these tools in your work. This will demonstrate your technical skills and ability to deliver high-quality results.
✨Communicate Clearly
Strong written communication skills are a must for this role. Practice articulating your reasoning and creating deterministic rubrics. You might even want to prepare a few examples of how you've effectively communicated complex actuarial concepts in the past.
✨Be Ready for Scenarios
Expect to tackle scenario-based questions related to reserving methods like chain-ladder and Bornhuetter-Ferguson. Think through some examples beforehand so you can confidently walk the interviewer through your thought process and decision-making.