The role sits within the Actuarial Pricing Team that supports pricing of treaty reinsurance contracts and large risks that typically include loss sensitive features.
- Location: London
- Type: Permanent
Key Duties (including but not limited to):
- Provide actuarial support to underwriters and their customers in the pricing of individual accounts.
- Conduct portfolio analyses and other appropriate actuarial investigations for validating assumptions used in pricing and improving credibility of pricing outputs.
- Assist underwriters in the structuring and pricing of Treaty Reinsurance policies; large insurance policies where experience rating is expected to be a material consideration; policies with material loss sensitive features.
Minimum Requirements:
- 2:1 or higher degree in Mathematics, Statistics, Economics or Actuarial Science.
- Partly or fully qualified actuary in the UK, US or Europe.
- 2 - 4 years of experience working in General Insurance.
- 1 - 2 years of experience in pricing general insurance and/or treaty reinsurance business.
- London/Lloyd's market experience (desirable).
- Knowledge of actuarial techniques for pricing primary, excess of loss and catastrophe insurance/reinsurance products.