Actuary Analyst in London

London, England, United KingdomCategory: Actuarial & Risk ManagementCompany: Munich ReAt Munich Re Specialty – Global Markets (MRS-GM), it is our ambition to become the leading Primary Specialty Insurance provider, underpinned by an effective and adaptable strategy, superior products and industry leaders working in a supportive environment to achieve this. Senior Actuarial Analyst We are looking for a Senior Actuarial Analyst to join our team in London on a full-time hybrid basis, you will support the Syndicate, while developing modelling and actuarial skills. This will include but not be limited to, undertaking data analysis and cleansing, updating and supporting the communication and producing of documentation on model changes and developing understanding of the internal model and why changes are being made and planned. Data analysis to support the inputs of the IM, including data checking, review and distributional fitting;Populating Lloyd's required data returns,Contributing to the enhancement of model outputs and the optimisation of model input processes,Supporting, mentoring and developing junior team members to strengthen the team's technical capabilities. Carry out validation analyses and tests as needed, assist with resolution of validation issues identified. Communication of the results and explanation for the rationale of the results changing to the Risk Team;Become involved in the development of the uses of the IM, improving outputs and explaining the implications of the information provided to the business;Asist with the redevelopment of the IM data feeds project, and the project to remove of as much bespoke code as possible;Develop intermediate (level 2) knowledge and understanding of Lloyd's rules and regulations, in particular around capital setting and the associated PBO requirements;Undertake actuarial examinations and to qualify as an actuary;Assist where required to support the wider Actuarial Function;Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders. Good IT skills (minimum of Excel, preferably SQL and some programming experience in Tyche desirable);Actuarial techniques;Capital Modelling process, coding and the IM.Developing detailed knowledge of actuarial methods and techniques, and the ability to apply them in practice, making reasoned judgements within a business environment;Capital Actuarial Experience is desirable, ideally in a GI setting, but not essential;Some actuarial exam progress (though not essential).Diversity, Equity & Inclusion At Munich Re, Diversity, Equity, and Inclusion foster innovation and resilience and enable us to act braver and better. We recognise diversity can be multi-dimensional, intersectional, and complex, so we want to build a diverse workforce that includes a wide range of racial, ethnic, sexual, and gender identities; life, school, and career experiences; and political, religious, and personal beliefs. Additionally, we are committed to building an equitable and inclusive work environment where this diversity is celebrated, valued, and has equitable opportunities to succeed. You can request an adjustment by speaking to your Talent Acquisition contact. Learning and innovating today, striving for sustainable societies and business tomorrow At Munich Re Specialty – Global Markets our approach to ESG is underpinned by our desire to seize business opportunities and to nurture a stimulating and inclusive work environment. Our ESG strategy aims to deliver holistic impacts across environmental, social and governance topics including supporting a number of local initiatives within our community and offering volunteering opportunities for colleagues. Benefits25 days Annual Leave + bank holidays10% Non-contributory PensionEligibility for an Annual BonusPrivate Medical + Dental InsuranceCritical illness insurance + Life Assurance + Permanent Health InsuranceWellbeing and Development Scheme + EAP + Health Assessments (subject to scheme eligibility)Electric Vehicle Salary Sacrifice SchemeStudy & continuing Professional Development SupportHybrid Working + IT Home Set-up Support#BePresent #BeBold #BeCurious