Opportunity
Seeking x2 6‑month contractors, £1200–£1400 per day (Inside IR35) to join the UK Analytics team of a leading reinsurance brokerage as a Qualified Actuary.
Responsibilities
- Design and build market‑leading analytical tools and methodologies that improve pricing accuracy, workflow efficiency and client‑facing outputs.
- Serve as a strategic adviser to clients, providing deep actuarial insight into portfolio performance, risk dynamics and optimal reinsurance structures.
- Support the development of bespoke reinsurance programmes that meet client‑specific objectives across risk mitigation, capital relief and volatility management.
- Apply actuarial methods to price treaty reinsurance across a range of perils and lines, leveraging exposure data, loss experience and catastrophe model outputs.
- Produce and present benchmark analyses that inform negotiations and enhance the credibility of placement strategies with reinsurers.
- Partner closely with brokers to craft analytical placement narratives and support reinsurer engagement during the marketing and negotiation process.
- Adapt modelling outputs and performance indicators to strengthen the value proposition and differentiate our offering in a competitive market.
- Mentor junior analysts and actuarial trainees, supporting their technical development and ensuring delivery excellence across the team.
- Conduct peer reviews and support the broader capability‑building agenda of the analytics function.
- Develop trusted relationships with brokers, clients, reinsurers and internal stakeholders, serving as a critical link between technical insight and commercial strategy.
- Contribute actuarial leadership to RFP responses, new business pursuits and long‑term client engagement strategies.
Qualifications & Experience
- Fully qualified actuary (ACAS, FCAS) with significant post‑qualification experience 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 working across multiple lines of business including Property, Casualty, Marine & Energy, Cyber, Credit & Political Risk or similar classes.
- Familiarity with catastrophe model interpretation and integration of 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 internal and external stakeholders.
- Collaborative team player who thrives in a multi‑disciplinary environment; adaptable, solutions‑focused and energized by variety and pace.
- 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 and Igloo is an advantage.
- Good understanding of emerging technologies, including AI, Data Science, Generative AI and data ingestion, to identify development opportunities.
Equal Opportunity Statement
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 category. If you have a need that requires accommodation, please email us at talentacquisition@willisre.com.
