At a Glance
- Tasks: Design and build analytical tools for aviation reinsurance, influencing client strategies.
- Company: Leading reinsurance brokerage with a focus on innovation and collaboration.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Join a diverse team committed to continuous learning and innovation.
- Why this job: Make a real impact in the aviation sector while developing your actuarial skills.
- Qualifications: Fully 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.
Key Responsibilities
- 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 programmes 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 modelling 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.
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.
- Deep understanding of treaty reinsurance pricing approaches and portfolio analytics, including experience and exposure rating across multiple lines of business.
- Experience and familiarity 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 maintain contact with the people involved, internal or external.
- Collaborative team player who thrives in a multi‑disciplinary environment.
- Adaptable, solutions‑focused, and energized by variety and pace.
- Committed to continuous learning, innovation, and client impact.
- Proficient in Excel and actuarial modelling 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.
Equal Opportunity Employer
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 in London employer: Willis Re (UK) Limited
Join a leading reinsurance brokerage that values innovation and collaboration, offering a dynamic work environment in the heart of the UK. As an Aviation Actuary, you will not only apply your technical expertise but also have the opportunity to mentor junior analysts and directly influence client strategies. With a commitment to continuous learning and a culture that fosters professional growth, this role provides a unique platform for actuaries looking to make a meaningful impact in the aviation and aerospace sectors.
StudySmarter Expert Advice🤫
We think this is how you could land Aviation Actuary in London
✨Join Aerospace Forums and Groups
Get involved in aerospace engineering forums and online communities, like the AIAA (American Institute of Aeronautics and Astronautics). It's a great way to meet industry peers and stay updated on job openings and trends in the field.
✨Attend Industry Conferences
Keep an eye on upcoming aerospace conferences and events where you can network with professionals and showcase your interest. Events like the Farnborough International Airshow are not just about flying machines; they're a goldmine for connections and potential job leads.
✨Spotlight Your Projects
Make sure to highlight any hands-on experience or projects on your portfolio that showcase your skills in aerospace engineering. Employers love seeing practical applications of theoretical knowledge. Show us what you've got!
✨Apply Directly on Company Websites
When you find companies you want to work for, head straight to their careers page to apply for full-time roles, like the one with Willis Re (UK) Limited for a Aviation Actuary. This often puts your application in front of the right people faster than just waiting for job boards!
We think you need these skills to ace Aviation Actuary in London
Some tips for your application 🫡
Show Off Your Technical Skills:When applying for the aerospace engineering role at Willis Re (UK) Limited, make sure to highlight your technical expertise. Include specific software skills, like CAD tools or simulation software, and any relevant engineering projects you’ve worked on. This is your chance to really shine and showcase your engineering toolkit!
Don't Skip Your Projects!:Include a section in your CV dedicated to projects that demonstrate your problem-solving abilities in aerospace engineering. Whether it's a university project, an internship, or personal work, we love seeing how you’ve applied your skills in real-world scenarios. Make it clear what your role was and the impact of the project.
Show Your Passion in Your Cover Letter:At Willis Re (UK) Limited, we're not just looking for skills – we want to know why you’re passionate about aerospace engineering. Use your cover letter to express what excites you about aviation technology and your career goals. Share any relevant experiences or inspirations that have led you to apply for this full-time position.
Tailor Your CV for Aerospace:Make sure your CV is specifically tailored to aerospace engineering. Focus on your education, any certifications, and your work experience, ensuring you highlight aspects that relate directly to the role. Don’t forget to mention any internships or apprenticeships that have given you hands-on experience.
How to prepare for a job interview at Willis Re (UK) Limited
✨Brush Up on Your Technical Knowledge
Aerospace engineering is all about technical precision, so make sure you’re comfortable with key concepts like aerodynamics, propulsion, and materials science. We recommend going through any relevant coursework or projects you’ve worked on – these real-world examples can illustrate your understanding during the interview with Willis Re (UK) Limited.
✨Showcase Your Projects with Confidence
Make sure to have a portfolio ready that details any significant projects you've worked on, whether it’s a group assignment or a personal endeavour. Be prepared to discuss the challenges you faced, the tools you used, like CAD software, and what you learned from the experience, as this will show your problem-solving skills in action.
✨Prepare for Technical Interviews
Expect some technical questions or even problem-solving exercises during your interview with Willis Re (UK) Limited. Get familiar with design challenges or theoretical problems related to aerospace; this can range from calculating lift and drag forces to materials selection under stress. Practising these can help you feel more at ease when faced with tricky questions.
✨Emphasise Your Passion and Teamwork Skills
As a full-time candidate, it’s crucial to convey your passion for aerospace engineering and your ability to work in teams. Highlight any group projects or internships you've done, focusing on how you collaborated with others to achieve a goal. Companies like Willis Re (UK) Limited love seeing candidates who not only have technical skills but also fit well within their team culture.
