At a Glance
- Tasks: Join our analytics team to design innovative reinsurance solutions in aviation.
- Company: Leading reinsurance brokerage focused on analytics and client relationships.
- Benefits: Competitive salary, diverse work environment, and opportunities for professional growth.
- Other info: Collaborative culture with a focus on continuous learning and innovation.
- Why this job: Make a real impact by applying your actuarial skills in a dynamic industry.
- Qualifications: Qualified actuary with experience in reinsurance and strong analytical skills.
The predicted salary is between 60000 - 80000 £ per year.
We are seeking a commercially minded and technically rigorous Qualified Actuary to join our UK Analytics team within a leading reinsurance brokerage to support Aviation and Aerospace. This is a critical client-facing position that merges actuarial insight with real-world commercial experience, supporting the design, structuring, and execution of sophisticated reinsurance solutions across multiple lines of business.
Operating at the heart of our broking analytics offering, this role provides an outstanding platform for an actuary to apply their technical expertise while directly influencing client strategy, capital efficiency, and risk transfer outcomes. The ideal candidate will bring a strong foundation in actuarial pricing, an ability to communicate complex ideas with clarity, and a passion for applying analytics in high-impact advisory settings.
The initial phases of work will focus on the hands-on setup and specification of a market-leading analytics and CAT environment. Experience and interest in working with technology teams as an actuarial subject matter expert (SME) are also a key requirement.
Key responsibilities include:
- Designing and building market-leading analytical tools and methodologies that improve pricing accuracy, workflow efficiency, and client-facing outputs.
- Serving as a strategic advisor to clients, providing deep actuarial insight into portfolio performance, risk dynamics, and optimal reinsurance structures.
- Supporting the development of bespoke reinsurance programs that meet client-specific objectives across risk mitigation, capital relief, and volatility management.
- Applying actuarial methods to price treaty reinsurance across a range of perils and lines, leveraging exposure data, loss experience, and catastrophe model outputs.
- Producing and presenting benchmark analyses that inform negotiations and enhance the credibility of placement strategies with reinsurers.
- Partnering closely with brokers to craft analytical placement narratives and supporting reinsurer engagement during the marketing and negotiation process.
- Adapting modeling outputs and performance indicators to strengthen our value proposition and differentiate our offering in a competitive market.
- Mentoring junior analysts and actuarial trainees, supporting their technical development and ensuring delivery excellence across the team.
- Conducting peer reviews and supporting the broader capability-building agenda of the analytics function.
- Developing trusted relationships with brokers, clients, reinsurers, and internal stakeholders, serving as a critical link between technical insight and commercial strategy.
- Contributing actuarial leadership to RFP responses, new business pursuits, and long-term client engagement strategies.
Essential Qualifications & Experience:
- Fully qualified actuary (ACAS, FCAS) with significant experience post-qualification in reinsurance, insurance, or advisory.
- Bachelor’s degree in Actuarial Science, Economics, Mathematics, Statistics, or related field.
- Experience post-qualification in the re/insurance industry.
- Deep understanding of treaty reinsurance pricing approaches and portfolio analytics, including experience and exposure rating across multiple lines of business.
- Experience and familiarisation working across Aviation and Aerospace classes.
- Familiarity with catastrophe model interpretation and integrating technical outputs into reinsurance structuring.
- Strong grasp of market dynamics and client decision-making processes within the reinsurance value chain.
- Demonstrated ability to communicate complex actuarial concepts with clarity to senior stakeholders and non-technical audiences.
- Ability to manage multiple ongoing complex projects and contact with the people involved in those, internal or external.
- Collaborative team player who thrives in a multi-disciplinary environment.
- Adaptable, solutions-focused, and energised by variety and pace.
- Committed to continuous learning, innovation, and client impact.
- Proficient in Excel and actuarial modeling tools; working knowledge of coding languages (Python) or data visualisation platforms (PowerBI, Tableau) is an advantage.
- Working knowledge of stochastic RI pricing tools; working knowledge of Igloo is an advantage.
- Good understanding of emerging technologies, including AI, Data Science, Generative AI, and data ingestion, to identify development opportunities.
Willis Re is committed to embracing a diverse, inclusive, and flexible work environment. We provide equal opportunity to all qualified individuals regardless of race, colour, religion, age, gender, gender expression, national origin, veteran status, disability, orientation, or any other legally protected categories.
Aviation Actuary employer: Willis Re Bermuda
Willis Re is an exceptional employer that fosters a dynamic and inclusive work culture, where actuaries can thrive in a collaborative environment while directly influencing client strategies in the aviation and aerospace sectors. With a strong commitment to employee growth, we offer continuous learning opportunities and the chance to work with cutting-edge analytical tools, ensuring that our team members are at the forefront of innovation in reinsurance. Located in London, our team enjoys the vibrant city life while being part of a forward-thinking organisation dedicated to delivering impactful solutions for our clients.
StudySmarter Expert Advice🤫
We think this is how you could land Aviation Actuary
✨Tap into Campus Networks
If you're still in uni, don’t forget to engage with your campus's career services and attend finance-related events. Banks often do presentations and recruitment drives on campus, so put yourself out there and make use of these opportunities to show off your passion for the field.
✨Get Certified
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Join finance-focused groups on platforms like LinkedIn and engage in discussions. This can really help you stand out from the crowd, allowing potential employers to see your knowledge and interest in industry trends. Plus, you might stumble upon job postings shared exclusively within the group.
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Don’t shy away from reaching out directly to firms like Willis Re Bermuda. Use their websites and apply through them, but also consider following up with a polite email to express your enthusiasm. Being proactive can make a huge difference in getting noticed in the competitive financial services sector.
We think you need these skills to ace Aviation Actuary
Some tips for your application 🫡
Show Off Your Numbers!:In the banking and financial services world, quantifiable achievements are key. Make sure your CV highlights your grades in relevant subjects, any financial certifications you hold, and specific projects where you've delivered measurable results. Employers love to see how your skills translate into real-world success.
Tailor Your Cover Letter to the Role:When applying for a full-time position, your cover letter should make a direct connection between your experience and the job description. Don't just state your enthusiasm for finance—dive into how your background in banking or financial analysis sets you apart. Let your passion shine through while being specific about what you can bring to Willis Re Bermuda.
Include Relevant Financial Software Experience:If you've worked with financial modelling tools or software like Excel, SAP, or specific analytical tools during your studies or internships, bring that up! Highlighting your proficiency can really make your application pop and show you're ready to hit the ground running in a full-time role.
Research and Reflect:Before hitting that 'apply' button on Willis Re Bermuda's website, do a little digging. Look up their recent projects, values, and culture. Reflecting their ethos in your application can make a huge difference and show you’re genuinely interested in being part of the team!
How to prepare for a job interview at Willis Re Bermuda
✨Brush Up on Financial Analysis Skills
Make sure you're well-versed in financial concepts and analytical techniques relevant to banking and financial services. Get comfortable with tools like Excel for modelling or financial forecasting, as technical questions in this area are common during interviews with Willis Re Bermuda.
✨Prepare for Case Studies
Expect to tackle case studies that demonstrate your problem-solving skills in real-world banking scenarios. Familiarise yourself with the types of problems you might face—think risk assessments or investment evaluations—and be ready to articulate your thought process clearly.
✨Show Your Passion for Finance
Since this is a full-time position, employers at Willis Re Bermuda will be keen to see your genuine interest in finance. Be prepared to discuss recent industry trends or news articles that excite you, showcasing your enthusiasm and engagement with the field.
✨Network with Industry Professionals
Before your interview, reach out to current or former Willis Re Bermuda employees on platforms like LinkedIn. They'll offer unique insights into the company's culture and the interview process, which can give us a delightful edge in showcasing a good fit for the team.
