W/R/B Underwriting (a Berkley Company)

Actuarial Analyst

Location
Greater London, England, United Kingdom
Posted At
12/12/2024
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Description
Responsibilities

  • Development of pricing algorithms that will enable technical pricing at class of business level that are compliant with Actuarial and Lloyd’s Principles.
  • Deliver individual account pricing in a timely manner to support underwriters.
  • Support compliance with Lloyd’s Principles in line to be an Established Syndicate for Pricing and Portfolio Management.
  • Support selection of premium risk parameters to feed into the Internal Capital model.
  • Monitoring and analysis of underwriting loss trends, by frequency/severity, by segment, analysising internal data as well as using outputs from Pricing models.
  • Provide support to Financial Planning & Analysis (FP&A) team with Actuarial inputs to the business planning process.
  • Support the innovation and consideration of new technology for the Pricing platform.

Qualifications

  • Nearly/newly qualified actuary, member of the Institute and Faculty of Actuaries (IFoA).
  • Proven insurance industry experience including London market actuarial pricing experience
  • Self-starter, proactive and able to develop, recommend and implement new approaches
  • Excellent communication and interpersonal skills, able to establish credibility with senior underwriters
  • Expert at Excel (including VBA) and intermediate to expert knowledge of SQL and Python programming languages
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