* Actuarial analyst (Entry level - 1 years experience) *

HFG; London; On-site; GBP 35,000 - 45,000; Full time

Job summary

A leading Lloyd's/London Market insurer is seeking an Actuarial Analyst in London. This is an entry-level position requiring up to 1 year of experience. Responsibilities include assessing profitability, reviewing underwriting strategies, and developing management information for the organization. The salary ranges from £35,000 to £45,000 plus bonus, making it a great opportunity for career progression.

Qualifications

• Entry level to 1 year of experience in actuarial roles.

Responsibilities

• Assess profitability of business lines and project Profit Commission receipts.
• Review underwriting profitability and corrective actions.
• Investigate pricing strategies for individual lines.
• Develop MI and rate monitoring.
• Discuss past experiences and future opportunities with carriers.
• Participate in business planning and scrutiny.

Job description

We have partnered with a leading Lloyd's/London Market insurer to find an Actuarial Analyst with entry level to 1 year of experience to join their growing team. This is a great opportunity to broaden your actuarial expertise across core disciplines while progressing towards qualification.

Key Responsibilities:

1. Quarterly "reserve" process - assessing profitability of business lines and projecting Profit Commission receipts.
2. Quarterly Underwriting Profitability Review process - reviewing areas of underwriting concern and the effectiveness of corrective actions.
3. Review of individual lines and investigation of pricing strategies.
4. Development of MI and rate monitoring.
5. Discussions with carriers - reviewing past experience, current products, and future opportunities.
6. Involvement in business planning, providing independent scrutiny and challenge.

Salary: £35,000 - £45,000 + Bonus

Please reach out for further information.