
Actuarial Analyst - UK Non-life
About this role
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Skills you'll use
What you'll do
- We are recruiting a Non-life (General Insurance) Analyst in the Actuarial Services team. The responsibilities of Analyst will include
- Work as a core member of the actuarial team and contribute to make it a center of excellence
- Analyze the historical claims data and identify potential issues and trends and document the findings
- Build MS-excel based actuarial tools and be able to use triangulation methods for the purpose of estimating outstanding loss reserves for various (Re)insurance companies.
- Work on Statement of Actuarial Opinions (SAO) and actuarial audits of clients
- Review data, methodologies, assumptions, results and benchmark against market
- Reconcile results from previous year and compare with clients’ results
- Review Nonlife pricing models and carry out bespoke modeling
- Assist with Solvency II Technical provisions actuarial reviews for PRA submission requirements
- Validate consistency across regulatory submissions
Who can apply
- Mandatory Skills
- Qualifications: Graduate/Postgraduate with a strong background in mathematics and statistics
- 1 year - 2 years of experience in Insurance business and finance. Member of Institute of Actuaries (UK) , SoA and CAS of US and/or Institute of Actuaries of India and must have passed at least 4 actuarial exams from any of these institutes
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