At a Glance
- Tasks: Lead actuarial processes, analyse data, and influence strategic decisions in a dynamic insurance environment.
- Company: Join a leading MGA within a global insurance group, known for innovation and growth.
- Benefits: Competitive salary, hybrid work model, and opportunities for professional development.
- Why this job: Make a real impact in a key leadership role while working with diverse teams.
- Qualifications: Newly-qualified actuary with strong analytical skills and experience in non-life insurance.
- Other info: Collaborative culture with excellent career advancement opportunities.
The predicted salary is between 36000 - 60000 £ per year.
Our client, a well-established MGA that forms part of one of the world’s largest insurance groups, is seeking an Actuarial Manager to join their growing team. This is a key leadership position within the actuarial function, responsible for delivering high-quality reserving, pricing, and performance analysis across multiple product lines. The role will work closely with underwriting, finance, and senior leadership teams to ensure decisions are supported by robust actuarial insight and data-driven analysis. This is an excellent opportunity for a commercially minded newly-qualified actuary to take ownership of key actuarial processes, influence strategic direction, and contribute to the continued growth of a successful and innovative international business.
Role Responsibilities
- Lead the quarterly reserving and profitability review process, assessing performance across business lines and identifying emerging trends or underwriting concerns.
- Project profit commission receipts and support wider financial forecasting activities.
- Review, challenge, and refine existing pricing strategies to ensure alignment with business objectives and market conditions.
- Develop and maintain pricing models, including calibration of rating factors in response to experience and exposure.
- Conduct in-depth analysis of pricing data to inform profitability reviews and portfolio management decisions.
- Develop and enhance MI dashboards and rate monitoring tools to provide clear, actionable insights to stakeholders.
- Ensure the accuracy, timeliness, and integrity of all actuarial reporting and documentation.
- Act as a key point of contact for relevant underwriting teams, providing expert actuarial support and building strong working relationships.
- Work on a varied exposure to different classes of business.
- Collaborate with actuarial and underwriting colleagues across multiple geographic locations.
Qualifications
- Newly-qualified actuary (FIA or equivalent) with proven experience in non-life insurance.
- Strong academic background – First-class or 2:1 degree in Mathematics, Statistics, Actuarial Science, or a related field.
- Significant experience in reserving within an insurance or reinsurance environment (MGA experience advantageous).
- Advanced technical and analytical skills, including experience with ResQ, SQL, and ideally HX and Python or similar analytical tools.
- Excellent communication and presentation skills, with the ability to explain complex actuarial concepts to non-technical stakeholders.
- Strong attention to detail and accuracy, with the ability to manage multiple priorities in a fast-paced environment.
- Demonstrated ability to work both independently and collaboratively within a small, fast-paced team.
If you are passionate about this opportunity and meet the qualifications and skills outlined, we encourage you to promptly submit your CV for consideration. Please note that the duties mentioned above are not exhaustive, and the role's responsibilities may evolve in response to changing circumstances and requirements.
Senior Actuarial Analyst employer: Sure Exec Search
Contact Detail:
Sure Exec Search Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Senior Actuarial Analyst
✨Network Like a Pro
Get out there and connect with people in the industry! Attend events, join online forums, and don’t be shy about reaching out to current employees at companies you’re interested in. A friendly chat can sometimes lead to job opportunities that aren’t even advertised.
✨Ace the Interview
Prepare for your interviews by researching the company and practising common actuarial questions. Think about how your skills align with their needs, especially around pricing strategies and data analysis. Show them you’re not just a number-cruncher but someone who can drive business decisions!
✨Showcase Your Skills
Bring your A-game by showcasing your technical skills during interviews. If you’ve worked with tools like ResQ or SQL, be ready to discuss specific projects where you used these skills to make an impact. Real-life examples can really set you apart from the competition.
✨Apply Through Our Website
Don’t forget to apply through our website! It’s the best way to ensure your application gets seen by the right people. Plus, we love seeing candidates who are proactive and take the initiative to connect with us directly.
We think you need these skills to ace Senior Actuarial Analyst
Some tips for your application 🫡
Tailor Your CV: Make sure your CV reflects the skills and experiences that match the Senior Actuarial Analyst role. Highlight your actuarial qualifications, especially if you’re newly qualified, and any relevant experience in non-life insurance.
Showcase Your Analytical Skills: Since this role requires advanced technical and analytical skills, don’t shy away from mentioning your experience with tools like ResQ, SQL, or Python. Give examples of how you've used these skills to drive results in previous roles.
Communicate Clearly: Remember, you’ll need to explain complex actuarial concepts to non-technical stakeholders. Use clear and concise language in your application to demonstrate your communication skills right from the start.
Apply Through Our Website: We encourage you to apply directly through our website for a smoother application process. It’s the best way for us to receive your application and get you on board quickly!
How to prepare for a job interview at Sure Exec Search
✨Know Your Numbers
As a Senior Actuarial Analyst, you'll need to demonstrate your strong analytical skills. Brush up on key metrics related to reserving and profitability. Be ready to discuss how you've used data to influence decisions in previous roles.
✨Showcase Your Technical Skills
Make sure you highlight your experience with tools like ResQ, SQL, and any programming languages you know, such as Python. Prepare examples of how you've applied these skills in real-world scenarios, especially in pricing models or data analysis.
✨Communicate Clearly
You'll be working closely with non-technical stakeholders, so practice explaining complex actuarial concepts in simple terms. Think of examples where you've successfully communicated insights to help drive business decisions.
✨Demonstrate Leadership Potential
Since this is a key leadership position, be prepared to discuss your experience leading projects or teams. Share specific instances where you've taken ownership of processes or influenced strategic direction within your previous roles.