Actuarial Lead

Lorien; Greater London; Hybrid; GBP 84,000 - 140,000; Full time

Benefits offered by this job

Hybrid work 2-3 days

Salary up to £140k

17.5% bonus

Pension contribution 10%

Private healthcare

Life assurance

Career development

Job summary

Lorien, a leading global insurer, is seeking an Actuarial Analytics Lead to join the Risk Financing team and shape the organisation's reinsurance strategy.

You will collaborate with Actuarial, Risk, Finance, MI, Underwriting, and external broker partners to optimise treaty design, assess capital needs, and drive data-driven decisions that impact risk and earnings.

Qualifications

• Qualified or nearly qualified actuary, or equivalent analytical experience.
• Experience in insurance, reinsurance, actuarial, capital modelling, pricing, or reinsurance analytics.
• Strong understanding of treaty reinsurance structures, including proportional and excess of loss programmes.
• Experience analysing risk, capital, and portfolio performance within a P&C insurance setting.
• Advanced modelling capabilities, ideally including Excel, R, Python, or actuarial modelling platforms.
• Strong commercial awareness and the ability to translate complex technical concepts into clear business recommendations.
• Excellent stakeholder management and communication skills, with experience influencing senior decision-makers.

Responsibilities

• Support design, evaluation, and placement of proportional and excess of loss reinsurance programmes.
• Perform detailed analytical assessments to optimise treaty structures, retentions, attachment points, limits, and overall programme design.
• Assess the balance between reinsurance cost, earnings protection, volatility reduction, and capital efficiency.
• Lead modelling and scenario analysis to evaluate reinsurance performance under a variety of market and loss outcomes.
• Assess the impact of reinsurance structures on capital requirements and business performance metrics.
• Contribute to governance processes, ensuring compliance with internal frameworks and applicable regulatory requirements.

Skills

Actuarial analytics

Stakeholder management

Analytical thinking

Excel

R

Python

Education

Actuarial professional qualification

Tools

Excel

R

Python

Job description

You will join a leading global insurance organisation that provides a broad range of commercial insurance, specialty, and reinsurance solutions. The business is seeking an Actuarial Analytics Lead to join a high-performing Risk Financing team, where you will play a key role in shaping and optimising the organisation’s reinsurance strategy.

Working closely with stakeholders across Actuarial, Risk, Finance, MI, Underwriting, and external broker partners, you will be responsible for evaluating and enhancing reinsurance structures, ensuring alignment with business objectives, risk appetite, capital management priorities, and market conditions.

This is a highly visible role, offering exposure to senior leadership and the opportunity to influence critical strategic decisions through data-driven analysis and insight.

Main Responsibilities:

• Support the design, evaluation, and placement of proportional and excess of loss reinsurance programmes across a range of insurance portfolios.
• Perform detailed analytical assessments to optimise treaty structures, retentions, attachment points, limits, and overall programme design.
• Assess the balance between reinsurance cost, earnings protection, volatility reduction, and capital efficiency.
• Lead modelling and scenario analysis to evaluate reinsurance performance under a variety of market and loss outcomes.
• Assess the impact of reinsurance structures on capital requirements and business performance metrics.
• Support planning and forecasting activities by quantifying the impact of reinsurance on
• Contribute to governance processes, ensuring compliance with internal frameworks and applicable regulatory requirements.

Benefits:

• Hybrid working model: 2 or 3 days a week in the office
• Salary up to £140,000 + 17.5% bonus (can be flexible for the right person)
• 10% employer pension contribution
• Private healthcare and life assurance
• Comprehensive employee benefits package
• Excellent career development and progression opportunities within a global organisation

Requirements:

• Qualified or nearly qualified actuary, or equivalent analytical experience.
• Experience within insurance, reinsurance, actuarial, capital modelling, pricing, or reinsurance analytics environments.
• Strong understanding of treaty reinsurance structures, including proportional and excess of loss programmes.
• Experience analysing risk, capital, and portfolio performance within a P&C insurance setting.
• Advanced analytical and modelling capabilities, ideally including Excel, R, Python, or actuarial modelling platforms.
• Strong commercial awareness and the ability to translate complex technical concepts into clear business recommendations.
• Excellent stakeholder management and communication skills, with experience influencing senior decision-makers.