Country: United Kingdom of Great Britain and Northern Ireland
Creation Date: 11-Dec-2024
Employment Type: Permanent, Full time
Ref #: 1234571314
Description & Requirements
Role Title: Senior Actuarial Analyst
Department: Actuarial
Team: London Market & Global Products
Location: Hybrid Working Model with Office in London
About the Department & Team:
The Actuarial Function evaluates business performance and provides Liberty Specialty Markets' management with a clear, risk-based view for making decisions on business strategy and risk mitigation. The department covers all aspects of actuarial work including pricing, reserving, business planning, and capital, and supporting exposure management and reinsurance purchasing. The team operates on a global basis with a team of around ninety actuaries, of which around sixty are based in the UK.
* Pillar Teams: business partners to Underwriting, responsible for class-level pricing and business planning.
* Pricing and Analytics Team: supports delivery on key strategic priorities, including delivering new pricing models.
* Reserving Team: coordinates the reserving process and regulatory reporting requirements.
* Actuarial Modelling Team: maintains and develops the Internal Model for capital assessment.
Role Specifics:
This role sits within the Pillar team aligning to the Financial and Professional Lines Divisions. Specific lines covered are:
* Directors & Officers (D&O)
* Financial Institutions
* Professional Indemnity
* Strategic Assets (Cyber)
Key Responsibilities:
* Development of underwriter rating tools and technical pricing analytics.
* Individual account pricing and performance monitoring.
* Compliance and reporting against internal and regulatory standards.
* Strategic portfolio profitability analysis.
* Business Planning and Capital Management processes.
* Liaising with reserving throughout the quarterly reserving processes.
* Provide high-quality actuarial support to the business.
* Adherence to all relevant regulatory requirements.
Skills and Experience:
* Nearly qualified Actuary.
* Experience in a non-life pricing team, ideally within the London Market.
* 2.1 or better in a numerate/scientific degree and A/A* in A-Level Maths.
* Strong IT skills – advanced knowledge of MS Excel and other data manipulation tools.
* Analytical problem solver with outstanding communication skills.
* Commercially minded, with the ability to influence and negotiate.
* Proven track record of delegation and people development skills.
* A growth mindset - focused on personal learning and development.
About Liberty Specialty Markets (LSM)
Liberty Specialty Markets is part of Global Risk Solutions and the broader Liberty Mutual Insurance Group, a leading global insurer. We offer world-class insurance and reinsurance services to brokers and insureds in all major markets.
For more information, please follow the links below:
#J-18808-Ljbffr