At a Glance
- Tasks: Conduct actuarial pricing and support underwriters in delivering client solutions.
- Company: Join SiriusPoint, a global leader in insurance and reinsurance.
- Benefits: Competitive salary, collaborative culture, and opportunities for career growth.
- Why this job: Make a real impact in the insurance industry with innovative pricing solutions.
- Qualifications: Strong maths skills, proficiency in actuarial tools, and excellent communication abilities.
- Other info: Dynamic team environment focused on integrity, customer service, and diversity.
The predicted salary is between 36000 - 60000 £ per year.
SiriusPoint is a global underwriter of insurance and reinsurance providing solutions to clients and brokers around the world. Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT). We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and Program Administrators.
With approximately $2.8 billion total capital, SiriusPoint’s operating companies have a financial strength rating of A- (Excellent) from AM Best, S&P and Fitch, and A3 from Moody’s.
You will be a Senior Actuarial Analyst, part of the Actuarial team of the Life, Accident & Health P&L at SiriusPoint. The role will predominantly involve actuarial pricing activities, supporting the Underwriters’ delivery to the client. Other responsibilities are across a wide range of technical aspects; monitoring of underwriting performance, analysing the portfolio, monitoring exposures and assisting in the formulation of the business plan.
Responsibilities
- Conduct case pricing of contracts, given materiality thresholds or as referred by Underwriters
- Help identify and develop models to rate business, taking into account profitability and cost of capital targets
- Implement Pricing Policy across the Accident & Health portfolio
- Facilitate the development and implementation of technical rating solutions that satisfy the agreed financial objectives
- Ensuring an effective pricing control cycle (which includes the continual performance analysis, development of pricing proposals through to impact analysis following implementation)
- Ensure the completion of Actuarial Review Templates
- Take part in client discussions in order to assist in developing suitable pricing solutions
- Assist in the management of the portfolio by performing appropriate analysis, such as: monitoring of differences between technical price and actual price, monitoring of performance against business plan including adequacy of rate change, monitoring of emerging reserving trends and impact on the portfolio, monitoring of key exposures
- Assist with the business planning and internal capital modelling processes in respect of the Accident & Health portfolio
Skills & Abilities
- Good communications skills and the ability to develop and maintain effective working relationships at all levels
- Strong attention to detail and good commercial awareness
- Highly proficient in mathematics/statistics including a detailed understanding of using actuarial pricing tools and techniques
- Highly computer literate with strong IT skills particularly with Microsoft Office & Excel as well as coding background e.g. VBA, R, SQL, Python etc
- Strong knowledge of general insurance and reinsurance and of key industry issues/challenges
- Ability to communicate complex issues and their implications both orally and written
- Ability to plan effectively, organise and prioritise workload
- Ability to work as a team – often across functions
At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. Our Purpose is to provide security and resilience in an uncertain world. Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise, and data to provide intelligent risk solutions. Our Culture is one of performance and accountability. Our people are our experts, and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment. Our Values are at the heart of our business, and which guide everyday actions and decision making.
Values
- Integrity: Integrity, respect and trust are our core principles
- Customer Focused: Our customers are the reason we exist
- Solution Driven: Creating solutions is our mindset
- Diversity: Diversity, inclusion and allyship make us stronger
We are unable to sponsor or take over sponsorship of an employment visa at this time. Feel free to build your career by applying for this position.
Senior Actuarial Analyst - A&H New London employer: Sirius Group
Contact Detail:
Sirius Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst - A&H New London
✨Tip Number 1
Network like a pro! Reach out to current or former employees at SiriusPoint on LinkedIn. A friendly chat can give you insider info and maybe even a referral, which can really boost your chances.
✨Tip Number 2
Prepare for the interview by brushing up on your technical skills. Since you'll be dealing with actuarial pricing and analysis, make sure you can confidently discuss your experience with tools like Excel, R, or Python.
✨Tip Number 3
Show off your communication skills! During interviews, be ready to explain complex actuarial concepts in simple terms. This will demonstrate your ability to work effectively with underwriters and clients alike.
✨Tip Number 4
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, it shows you’re genuinely interested in joining the SiriusPoint team.
We think you need these skills to ace Senior Actuarial Analyst - A&H New London
Some tips for your application 🫡
Tailor Your CV: Make sure your CV is tailored to the Senior Actuarial Analyst role. Highlight your experience in actuarial pricing and any relevant technical skills, like your proficiency in Excel or coding languages. We want to see how your background aligns with what we do at SiriusPoint!
Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to our team. Be sure to mention specific projects or experiences that relate to the responsibilities listed in the job description.
Showcase Your Skills: Don’t forget to highlight your strong communication skills and attention to detail. These are key for the role, especially when discussing complex issues with clients or collaborating with the underwriting team. We love seeing candidates who can articulate their thoughts clearly!
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. Plus, it shows us you’re genuinely interested in joining our team at SiriusPoint!
How to prepare for a job interview at Sirius Group
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll be dealing with complex pricing models and statistical analysis. Brush up on your mathematical skills and be ready to discuss specific examples of how you've used actuarial pricing tools in the past. This will show your technical proficiency and understanding of the role.
✨Understand the Business
Familiarise yourself with SiriusPoint's offerings and the broader insurance landscape, especially in Accident & Health. Be prepared to discuss how you can contribute to their goals and how your previous experience aligns with their business model. This shows that you're not just interested in the job, but also in the company’s mission.
✨Communicate Clearly
Strong communication skills are key for this role. Practice explaining complex actuarial concepts in simple terms, as you may need to present your findings to non-technical stakeholders. This will demonstrate your ability to bridge the gap between technical analysis and business needs.
✨Showcase Team Spirit
SiriusPoint values collaboration, so be ready to share examples of how you've worked effectively in teams. Highlight any cross-functional projects you've been involved in and how you contributed to achieving common goals. This will reflect your alignment with their culture of teamwork and accountability.