Jobs
>
London

    Actuarial Transformation Analyst - London, United Kingdom - Munich Re Specialty Group

    Default job background
    Description

    At Munich Re Specialty Group (MRSG), individuality and intellectual curiosity is a key driver for our success and innovation. We believe that leveraging a variety of perspectives and backgrounds, and empowering all employees to make an impact, will motivate us to perform at our best and give us a competitive edge. We know there is always more work to be done, but we're committed to building a strong and inclusive culture where everyone is welcomed and valued for their "own expression of self-identity".

    About us

    MRSG is part of the Munich RE group. We are known for our dedication to excellence and quality of service provision across both primary and reinsurance.

    As well as operating in the Lloyd's of London market, we conduct our business via a global network of service companies, with offices located in the UK, Ireland, the United States, Asia, including Singapore, Labuan and Dubai.

    Our group of companies provide solutions covering Casualty, Marine & Cargo, Aerospace, Cyber, Political Violence, Trade Credit and Property, Contingency and Yacht. Our purpose is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable people and businesses to thrive.

    Actuarial Transformation Analyst

    We are looking to employ an Actuarial Transformation Analyst to be based in London, Manchester or Birmingham and to work with us on a Full Time Permanent basis.

    As part of the Finance and Actuarial transformation team, the successful candidate will support the change ambitions of MRSG legal entities and GSI 4 management unit. Working closely with the actuarial, finance and IT colleagues, you will be an integral member of the design and delivery teams across a variety of actuarial focused projects across capital, reserving and pricing.

    Using your actuarial experience, you will support the drafting of business requirements, design of business processes, review of deliverables and managing testing processes.

    You will have the ability to adapt to all different sizes and types of projects will be essential as you help our partners and internal team members navigate their way through all elements of new processes and ways of working.

    Responsibilities:

    Transformation Partnering

  • Proactively identify new transformation opportunities for discussion.
  • Work with stakeholders to develop business cases for new initiatives.
  • Capture, define, prioritise and document business requirements based on project objectives and outcomes. Use industry experience to challenge and validate business requirements to ensure they meet best practice and consider emerging trends.
  • Using relationships across the Munich Re company, and wider industry contacts, to identify areas to improve processes and align approaches across teams.
  • Contribute to project planning using both waterfall and agile methods as appropriate.
  • Proactively support wider change initiatives.
  • Transformation Analysis

  • Document and review existing processes and tools. Provide feedback on pain points and proposals for improvement based on industry best practice and prior experience.
  • Developing business processes for handing over to BAU teams, including high quality documentation and controls.
  • Review and signoff IT and business specifications.
  • Develop testing strategies, and either self-execute or managers others to complete testing for assigned projects.
  • Other

  • Any additional duties and responsibilities that may reasonably be expected to be undertaken in accordance with the role.
  • Comply with the MRSG data strategy.
  • Help drive forward good Conduct for the business to deliver the best outcomes for customers / policyholders.
  • You are required to comply with the PRA and FCA conduct rules:

  • Acting with honesty and integrity at all times.
  • Acting at all times with due care, skill and diligence.
  • Being open and honest with the FCA, the Prudential Regulation Authority (PRA) and all UK regulators at all times.
  • Always paying due regard to the interests of customers and always treat them honestly and fairly.
  • Observing proper standards of market conduct at all times.
  • Requirements:

  • Demonstrable ability in identification of pain points and development of solutions in an actuarial function (can be as part of a BAU role).
  • Excellent stakeholder management skills.
  • Excellent communication, facilitation, presentation & negotiation skills.
  • Ability to build and sustain strong working relationships with a variety of internal and external customers.
  • Understanding of wider business goals and how the finance and actuarial teams supports this.
  • Knowledge of insurance policy administration, policy lifecycles and workflows.
  • Knowledge of industry best practice and pragmatic approaches to deliver this.
  • Ability to work independently and take ownership for delivery of requirements.
  • Desirable

  • Experience in transformation projects.
  • Experience in writing business requirements, testing approaches and process documentation.
  • Knowledge of the insurance market and how eco-systems are structured within it.
  • Knowledge of Lloyd's market practices including actuarial and financial deliverables.
  • IT Skills

  • MS Office
  • SQL (preferred)
  • Actuarial modelling software (preferred)
  • PowerBI (preferred)
  • Alteryx (or similar) (preferred)


  • 360 Resourcing Solutions London, United Kingdom

    **Business Analysts (Data Transformation) - £46,000+Benefits - Fully Remote** · My client are a leading light in the Housing arena who invest a lot of time and money in the community. They are currently beginning an exciting Transformation project to streamline the business and c ...


  • Allen Lane London, United Kingdom

    Are you a self-reliant Business Analyst seeking an opportunity to drive organisational change and deliver critical projects within central government? · Allen Lane are delighted to be supporting our client in the recruitment of a Business Analyst to support the organisation achie ...


  • Broster Buchanan Ltd Greenwich, United Kingdom

    * Permanent role with hybrid working (home - Greenwich, London) · - Delivering meaningful transformation and process improvement to financial data · A newly created role creating genuine value through transforming reports and financial information for stakeholders at this nationa ...


  • Edenbrook London, United Kingdom

    Job Description · We are currently working with a World's leading Insurance & Reinsurance company to recruit a Finance Transformation Analyst. The successful individual will play a vital role in transforming the Finance function, encompassing Financial Operations, Accounting, and ...


  • Edenbrook London, United Kingdom

    We are currently working with a World's leading Insurance & Reinsurance company to recruit a Finance Transformation Analyst. The successful individual will play a vital role in transforming the Finance function, encompassing Financial Operations, Accounting, and Regulatory Report ...


  • Edenbrook London, United Kingdom

    We are currently working with a market leading Insurance & Reinsurance company to recruit a BI & Transformation Analyst. The successful individual will help drive the evolution of the Finance & Actuarial function into an automated, data-driven department. Responsibilities include ...


  • Aventum Group Greater London, United Kingdom

    We are recruiting for a Finance Transformation Analyst. This individual will be working on some exciting new projects within the finance department. You will be responsible for getting involved in improving finance processing, installing new or enhancing current finance systems a ...


  • Methods London, United Kingdom

    Methods are currently looking for a SAP FICO Business Analyst for a new 12 month contract. The FICO Business Analyst will be accountable and responsible for understanding the requirements, business needs, and operational context from stakeholders. · They will be responsible for ...


  • Pathfinder - IT Recruitment England, United Kingdom Full time

    Business Analyst skilled in SQL databases required by a leading retail organisation to help support their Digital Transformation team evaluate the business, optimise processes and help the leadership team shape the operational architecture with more informed, data and research dr ...


  • TRIA London, United Kingdom

    PMO Analyst Central London- Hybrid · £6 Months contract · A well-established Global Retailer are looking for a PMO Analyst to join them on a portfolio of transformation projects. A big part of the role will consist of ensuring the company are utilising their PPM software Monday ...


  • Edenbrook London, United Kingdom

    Job Description · We are currently working with a market leading Insurance & Reinsurance company to recruit a BI & Transformation Analyst. The successful individual will help drive the evolution of the Finance & Actuarial function into an automated, data-driven department. Respon ...


  • Aventum Group Greater London, United Kingdom

    Job Description · We are recruiting for a Finance Transformation Analyst. This individual will be working on some exciting new projects within the finance department. You will be responsible for getting involved in improving finance processing, installing new or enhancing current ...


  • XL CATLIN London, United Kingdom

    Job Description - Business Strategy & Architecture Analyst D · Business Strategy & Architecture Analyst ( Job Number: · Business Strategy & Architecture Analyst · Reporting to Head of Business Architecture, as part of the Global Transformation and Change Delivery team, your fo ...


  • MacGregor Black London, United Kingdom Full time

    Business Analyst · Have you ever championed a project that significantly transformed business processes, making them more efficient and aligned with company goals? · MacGregor Black are partnering with a Global Ready-to-Wear fashion brand , on the search for a Business Analyst . ...


  • KBR, Inc. England, United Kingdom Full time

    Business Analyst OVERVIEW · The Programme and Project Partners (PPP) model was mobilised in 2019 with the purpose of transforming major project delivery at the Sellafield nuclear site. · The partnership brings together KBR, Jacobs, Morgan Sindall Infrastructure, Altrad Babcock ...


  • FM Conway Ltd United Kingdom Full time

    FM Conway is currently recruiting for a Business Analyst to join our innovative Business Transformation Team. You will partner with your designated divisions to provide a high quality business analysis service to support new and ongoing projects and bridge the gap between busines ...


  • Insight Global London, United Kingdom Full time

    Insight Global is looking for a Digital eCommerce Business Analyst to join a large financial institution located in London for a 6-month ongoing contract · The chosen candidate will be involved in a large-scale ecommerce transformation initiative. · True business analysis experi ...


  • Lorien London, United Kingdom

    Hybrid (predominantly remote), based in the London · A transformation consultancy are looking for a PMO Analyst to join a large scale ERP implantation. · You will be providing effective support to the PMO functions of the project to ensure project runs effectively and efficient ...


  • CMC Partnership Consultancy Ltd United Kingdom Full time

    Cheltenham/hybrid - on site min 3 days a week · Type of Role: Perm · We are looking for a Business Analyst to join our growing consultancy team. You will have a sound and demonstrable grasp of Business Analysis within a range of projects. · Your role as Business Analyst will b ...


  • Trilogy International England, United Kingdom Full time

    Our FTSE100 client has a requirement for an experienced Business Analyst to join them for an initial 3-month contract. This role will involve regular travel to Paris/Milan and the BA must speak both fluent French/Italian and English. · Extensive experience as providing Business ...