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Actuarial Analyst

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Salary: £45,000.00 per annum


Greater London, London

Job Advertiser

MCGinley Recruitment
Registered: 16 Jul '14
Postings: 204
Followers: 2, Following: 0

Job Reference: AW50739

Job Duration:

Start date: ASAP

Description:

Actuarial Analyst - City of London - Hybrid Working - 2 Days Office/3 Days WFH- Salary Upto £50,000 Plus Bonus & Benefits Package

As an Actuarial Analyst for this superb Global Reinsurance company inthe City of London, you will provide the analysis, forecasts and calculations as you investigate & explore performance metrics, pricing parameters & ongoing profitability.

Working with major datasets, you will work across the company's reinsured reserves, reinsured portfolio and other technical initiatives as they arise.

Responsibilities Include:

Conducting investigations into portfolio data to calculate performance metrics and pricing parameters

Working closely across departments to review any perceived profitability issues or concerns

Calculate and validate some balance sheet items for quarterly reports toreinsurers

Calculate and validate the main technical elements of reinsured reserves

Running Best Estimate Liability (BEL)calculations for the reinsured portfolio

Supporting specific projects linked to financial / economic representation which mayinclude Solvency 2, IFRS17 & US GAAP

Conduct forecasting and historical series analysis to propose corrective actions tospecific technical issues detected in the portfolio

Supporting partner relationships with specific technical initiativesPreferred Skills & Experience:

* Degree Qualified in Actuarial Sciences, Statistics, Mathematics, Computer Science or similar is preferred.
* Good experience working within Actuarial Analyst or similar roles.
* Specific experience in underwriting and/or insurance product pricing is a bonus.
* Knowledge of VBA and macros in Excel. Additional programming languages &skills would be useful
* Knowledge of database data analytics, SQL queries & dealing with large datasets
* Knowledge ofactuarial tools such as Prophet or similar is a plus
* An entrepreneurial mindset with the ability to manage complexity
* Strong teamwork skills and a detail oriented and proactive approach is expected
* Knowledge of insurance/reinsurance industry and of IFRS principles
* Ambition to grow professionally in an international environment
* Quick learner, proactive and enthusiast
* Fluency in English is required, an additional language such as French would be useful.

Interested Candidates seeking a quality employer with interesting & challenging work where you can grow & develop your professional skills further,need to apply now!

Industry: Insurance

Salary: £45000 - £50000 per annum + Plus Bonus & Benefits

Salary Benefits: Plus Bonus & Benefits

Vacancy Type: Permanent

Job Skills: Actuarial Analyst, Underwriting or Reinsurance/Insurance experience

Contact Name: Alec White

Website: -

Direct Application URL: -

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Position Details

Advert Ref: #3000669
Posted: 24 Sep '22
Visits: 15