At a Glance
- Tasks: Design and build analytical tools for pricing accuracy and client solutions in aviation reinsurance.
- Company: Leading reinsurance brokerage with a focus on innovation and client impact.
- Benefits: Competitive salary, professional development, and a dynamic work environment.
- Other info: Collaborative team culture with opportunities for mentorship and continuous learning.
- Why this job: Join a critical role influencing client strategy and risk management in aviation.
- 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.
Senior 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 a Senior Aviation Actuary, you will not only apply your technical expertise but also have the opportunity to mentor junior analysts and shape client strategies, all while enjoying a culture that prioritises continuous learning and professional growth. With a commitment to diversity and inclusion, this role provides a unique platform for impactful contributions within a supportive team.
