Bowers Partnership
,
Southampton, Hampshire
Senior Actuarial Analyst - Insurance
Overview
Job Description
Senior Actuarial Analyst - Insurance We have an excellent opportunity available for a Senior Actuarial Analyst / Actuarial Manager to join a leading insurance organisation. This Senior Actuarial Analyst will assist in delivering data-driven analysis, performing and reviewing actuarial Modeling. As a Senior Actuarial Analyst and member of the Actuarial Team, the role requires a high degree of competence and specialist knowledge to ensure the Actuarial Department continues to meet the expectations of Senior Management. Benefits: * 25 days' holiday (rising to 27 days after 3 years) - with the ability to buy an additional 5 days * 37.5 hours per week - Flexitime * Discretionary annual bonus * Personal car lease option * Company pension * Health and dental plans * Private medical insurance * Life assurance (4 x salary) * Discounted gym membership * Discounts on a wide range of retailers Main Duties and Responsibilities: * Model, interpret and monitor business data to identify and confirm market trends and niche product opportunities. * Carry out and supervise elements of the quarterly and monthly reserve review exercises. carried out across the team, as well as additional claims related analyses. * Conduct and oversee regular and ad hoc pricing analyses to support Underwriting teams. * Mentor junior members of the Group actuarial team. * Assist in the development and maintenance of effective statistical models and MI in relation to the company's underwriting performance and pricing strength. * Contribute to the development and launch of new products from an Actuarial perspective. * Liaise directly with stakeholders, in particular Underwriting, Finance and Claims teams. * The Senior Actuarial Analyst will support the Heads of Actuarial and Chief Actuary as appropriate. Skills Required: * Ability to prioritise work, be a confident decision maker, proactive and innovative. * A good working knowledge of the commercial lines market. * A sound understanding of reserving and pricing analysis and principles & experience of a wide range of technical issues. * Strong IT skills and in-depth experience of Excel and working knowledge of SAS is essential. Additional IT skills (Python, R) may be beneficial. * A high level of understanding of modern actuarial and statistical modelling and techniques is essential. * A flair for manipulating and interpreting data and making decisions or recommendations as appropriate is essential. * Excellent skills in explaining, both internally and externally to key business partners, pricing decisions based on detailed analysis. * Able to work with people at all levels, both internally and externally. * Ability to lead by example, maintain a visible leadership presence, experience of managing and addressing performance consistently. * Ability to delegate effectively and mentor, coach and develop less experienced members of the team. Senior Actuarial Analyst - Insurance Responsibilities: Senior Actuarial Analyst - Insurance We have an excellent opportunity available for a Senior Actuarial Analyst / Actuarial Manager to join a leading insurance organisation. This Senior Actuarial Analyst will assist in delivering data-driven analysis, performing and reviewing actuarial Modeling. As a Senior Actuarial Analyst and member of the Actuarial Team, the role requires a high degree of competence and specialist knowledge to ensure the Actuarial Department continues to meet the expectations of Senior Management. Benefits: 25 days' holiday (rising to 27 days after 3 years) - with the ability to buy an additional 5 days 37.5 hours per week - Flexitime Discretionary annual bonus Personal car lease option Company pension Health and dental plans Private medical insurance Life assurance (4 x salary) Discounted gym membership Discounts on a wide range of retailers Main Duties and Responsibilities: Model, interpret and monitor business data to identify and confirm market trends and niche product opportunities. Carry out and supervise elements of the quarterly and monthly reserve review exercises. carried out across the team, as well as additional claims related analyses. Conduct and oversee regular and ad hoc pricing analyses to support Underwriting teams. Mentor junior members of the Group actuarial team. Assist in the development and maintenance of effective statistical models and MI in relation to the company's underwriting performance and pricing strength. Contribute to the development and launch of new products from an Actuarial perspective. Liaise directly with stakeholders, in particular Underwriting, Finance and Claims teams. The Senior Actuarial Analyst will support the Heads of Actuarial and Chief Actuary as appropriate. Skills Required: Ability to prioritise work, be a confident decision maker, proactive and innovative. A good working knowledge of the commercial lines market. A sound understanding of reserving and pricing analysis and principles & experience of a wide range of technical issues. Strong I