Time Type:
Full time
Working Pattern:
Hybrid
Purpose of the Role
A high performing and forward looking actuarial department is looking for an analyst with an actuarial background to bolster the team. Strong actuarial presence is at the core of the organisation, across all departments including the Executive team.
We are looking for an individual making good progress with actuarial exams to join the team where they will get exposure to all the traditional actuarial roles (capital modelling, pricing, reserving, business planning etc).
The ideal candidate will be comfortable interacting with other teams within the business and have a Mathematical/Statistical/Science background. There will be opportunities to get involved with forward looking projects using machine learning and data science (depending on experience).
Duties And Accountabilities
The ideal candidate will get to work alongside senior members of the team across the following activities:
- Business Planning & Capital Modelling – a bespoke internal model written in VB.NET is in use for Solvency II purposes. The model is used for capital setting, reinsurance purchasing, business planning, risk appetite setting and monitoring on a monthly basis.
- Setting parameters for and running model on a monthly basis to monitor risk against pre-defined appetite and tolerances.
- Solvency II: analysis and reporting.
- Reserving: full quarterly analyses using ICRFS including confidence intervals and monthly actual versus expected exercises.
- Pricing support: ad hoc pricing using frequency severity analysis in R
- Market analysis.
- Processing of data from external economic scenario generator and analysis of monthly investment performance.
- Opportunity to support the maintenance of pricing models on our new platform (hx Renew), which relies on understanding and day to day use of Python.
- Undertake specific project work and other related tasks to support the work of the Actuarial team as required.
Skills, Knowledge And Experience
The successful candidate will have:
- Made progress with actuarial exams / part qualified
- Demonstrable actuarial experience preferably in a Lloyd's environment
- Relevant statistical/data manipulation/data analysis skills
- Relevant academic background (preferably in Maths/Statistics/Science)
- Highly proficient in required IT packages (Pyramid, Power BI an advantage)
- Good organisation and planning
- Good written and face to face communication skills
- Programming skills desirable but not mandatory (Python and R an advantage)
AEGIS Values
Fairness and respect
We make decisions considering the best interests of key stakeholders. We are direct and straightforward in our actions, working collaboratively to create a culture of fairness and respect.
Open and inclusive
We act with integrity, valuing diversity of thought and background. We take time to listen to the needs of our customers, stakeholders and colleagues working together to seek and share information.
Ambitious
We have a passion for success, aspiring to be recognised as best in class. We embrace new opportunities, encouraging innovation in pursuit of our goals.
Striving to be better
We strive to improve at all times, challenging complacency, being agile and adapting to change. We always seek to improve our customers’ experience with us.
Investing in people’s potential
We provide an environment where each employee can reach their personal potential. We encourage personal accountability for performance and individual ownership for growth and success.
AEGIS London is an equal opportunities employer and recognises the value of a diverse workforce in facilitating better decision making and business growth. We encourage a variety of differing views, perspectives and insights to create a collaborative working environment. Diversity and Inclusion are fundamental to our business and we encourage applications from all backgrounds recognising the diversity of society and our customers.
It’s important to us that you are able to perform at your best when applying for a role with AEGIS London. If there are any adjustments we can reasonably make to ensure that the process is accessible for you please telephone us on
+44(0)20 7856 7856 or email
recruitment@aegislondon.co.uk
As a business, we understand individual circumstances may differ and aim to be adaptable and to support flexible working practices. Talk to our recruitment team to understand how AEGIS London can help support you in reaching your full potential
