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Reinsurance Actuary

Oliver James
Posted 7 days ago, valid for 21 hours
Location

London, Greater London EC1R 0WX

Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • A Qualified Actuary is needed to analyze reinsurance pricing and execute new transactions, focusing on bespoke reinsurance.
  • The role requires collaboration with senior actuaries and cross-functional teams to develop pricing strategies and assess risks.
  • Candidates should be FIA Qualified or equivalent, with strong expertise in reinsurance pricing strategies and excellent analytical skills.
  • The position offers a salary of approximately $100,000 to $120,000 per year, depending on experience.
  • A minimum of 3-5 years of relevant experience in actuarial roles is preferred.

A Qualified Actuary responsible for analysing reinsurance pricing and executing new transactions. You will be looking at more bespoke reinsurance, partnering with insurers to complete new transactions.

Career Opportunity: Reinsurance Actuary

Role & Responsibilities

As a Reinsurance Actuary, you will hold a pivotal role within the Actuarial Department, collaborating closely with senior actuaries and cross-functional teams. You will be tasked with:

  • Developing pricing strategies for reinsurance contracts.
  • Assessing risks and performing scenario analysis to inform policy pricing.
  • Supporting the creation and validation of actuarial models.
  • Conducting financial and risk analysis to guide decision-making processes related to reinsurance activities.
  • Maintaining comprehensive documentation for audit and regulatory compliance.

Key SkillsIdeal candidates will exhibit the following qualifications:

  • FIA Qualified (or equivalent)
  • Strong expertise in Reinsurance Pricing strategies and methodologies.
  • Excellent analytical and problem-solving skills.
  • Ability to communicate complex quantitative analysis and actuarial concepts to non-specialists.
  • Proficiency in actuarial software and Microsoft Office Suite.
  • Strong IT skills including Excel and programming languages; Julia, Python and/or VBA are desirable.

Please get in touch with me directly to learn more:

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.