Graduate Actuarial Analyst

We are currently seeking to fill an entry level position within the reserving team of the actuarial function. The actuarial function is responsible for the delivery of actuarial services across the International segment of Tokio Marine Houston Casualty Company (TMHCC), which includes a PRA regulated risk carrier, a branch of the US parent, syndicate 4141 at Lloyd’s and a Luxembourg regulated risk carrier. Overall, the International segment has profitably grown successfully over many years and the actuarial function continues to develop and grow in its importance and contribution to business success as a result.

You will work as part of an actuarial team in London, with a mix of qualified and student actuaries, with the opportunity to liaise with other actuarial teams across the wider group in London, Luxembourg and Houston. The role will report into a senior actuary, with direct exposure to senior actuaries in reserving, capital and pricing including the overall Chief Actuary from the outset. It is generally an informal environment with employees trusted to deliver work of a standard that perpetuates the excellent performance of the company in difficult market conditions.

Key Responsibilities:

• Reserving - Contribute to all aspects of the reserving process, including periodic reviews of reserves for multiple lines of business through appropriate application of actuarial loss reserving techniques, and liaising with the claims, finance and underwriting teams as necessary.
• Delivery of Solvency II technical provisions and related regulatory/Lloyd’s returns, including calibration of key model variables and parameters, and assisting with the completion of regulatory returns.
• Analysis of reserve and underwriting risk parameters to support the quantification of key inputs to the internal capital model.
• General - Collaboration - Meet and approach members of other teams across the company in a collaborative effort to improve processes and enhance the reputation of the actuarial team. Gaining a greater understanding of a wide range of different insurance lines of business.
• Compliance and documentation - Assist with ensuring work is compliant with both internal and external governance. Ensure documentation is current and that latest regulation is promptly incorporated.
• Development and production of management information and metrics to enhance ongoing communication with the business.
• Attendance and participation in training and events to increase the intellectual capital of the actuarial team.

Skills and Experience Specification:

• Education & experience - Bachelor’s degree in Actuarial Science, Mathematics, Statistics or a related field or the equivalent education and/or experience. Intention to commence / continue study towards IFoA Actuarial Qualification. Actuarial exams / exemptions not required but preferable. No experience is required but up to one year of practical actuarial experience would be considered, preferably in general insurance.
• Other - Excellent written and verbal communication skills. Superior analytical and organizational skills; demonstrated ability to manage multiple complex tasks. Proficiency in using Microsoft Office package software (Excel, Access, PowerPoint, Word). Programming aptitude / experience – VBA, SQL, Python or R, including basic application of macros, is an advantage. Committed to the role with willingness to take accountability and also a desire to take advantage of internally available self-development opportunities.

What We Offer

The Tokio Marine HCC Group of Companies offers a competitive salary and employee benefit package. We are a successful, dynamic organization experiencing rapid growth and are seeking energetic and confident individuals to join our team of professionals. The Tokio Marine HCC Group of companies is an equal opportunity employer.