Senior Actuarial Analyst - Romford, United Kingdom - STONE RECRUITMENT GROUP LIMITED

STONE RECRUITMENT GROUP LIMITED

Verified Company

Romford, United Kingdom

3 weeks ago

Posted by:

Tom O´Connor

beBee Recruiter

Description

JOB TITLE Senior Actuarial Analyst

Reports To:
Head of Actuarial

MAIN PURPOSE AND SCOPE OF THE JOB
The role has arisen as a result of a recent drive to enhance our internal actuarial capability.

In this highly visible role within a leading insurance broker, you will employ your actuarial expertise to contribute to the achievement of business objectives,liaising with senior management and capacity providers.

DUTIES AND KEY RESPONSIBILITIES

Technical Analysis:

Carry out regular reviews of risk price, demand and market models
Produce analysis of Claims performance, identifying trends and features, which includes the interpretation and communication of suitable recommendations to Senior Management
Enhance the team's capabilities by undertaking automation projects and adoption of new software, tools and techniques in analytics.
Working on ad hoc pricing projects with the overall aim of having a direct impact on profitability
Leading the department's thinking in the proactive use of available data to support the Underwriting and Claims functions in making effective and informed business decisions
Assist in the development, maintenance and interpretation of relevant MI in relation to the company's underwriting performance and pricing strength
Communicate analysis and make recommendations to Underwriters, Claims Managers and Senior Management

Reporting:

Support the maintenance of monthly Management Information packs for key measures and factors
Provide regular reports and analysis in a timely manner
Gather market information and collate for circulation within the business

General:

Undertake other duties and responsibilities that are reasonably required by your line manager, working flexibly across other areas of the business
To ensure that FCA and other regulatory requirements are met

REQUIRED EXPERIENCE, SKILLS AND ABILITIES

2+ Years in an actuarial analyst or pricing capacity
Experience with Earnix price optimization software
A degree in mathematics/statistics or equivalent
Strong Microsoft Office Skills, especially in Excel
Skills in database and programming packages, for example, SQL, R, Python, etc.
Ability to manage time effectively, demonstrate a high level of organisational skills and ability to prioritise work

- loads, often working to set deadlines.