Actuarial Pricing Analyst

Allied World; Greater London; On-site; GBP 45,000 - 65,000; Full time

Job summary

An established industry player seeks a driven Actuarial Analyst to join their team in London. This role focuses on providing vital actuarial pricing support across various insurance lines, including property and casualty. The ideal candidate will have a strong analytical background, proficiency in Excel, and a passion for collaboration. With a commitment to professional development, this company offers a supportive environment where you can grow your skills and make a meaningful impact. If you're eager to contribute to innovative solutions in the insurance sector, this opportunity is perfect for you.

Qualifications

• Up to 3 years of experience in General Insurance actuarial roles.
• Strong ethics and integrity with a quick learning ability.

Responsibilities

• Provide actuarial pricing support to underwriting departments.
• Research and update pricing parameters for models.

Skills

Analytical Skills

Communication Skills

Excel Proficiency

VBA

SAS

R

GLM Modeling

Education

Bachelor’s degree in Mathematics

Bachelor’s degree in Statistics

Tools

Excel

Visual Basic for Applications (VBA)

Rulebook

SAS

R

Job description

6 days ago Be among the first 25 applicants

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Allied World Assurance Company, Ltd. seeks an individual to fill the position of Actuarial Analyst. The successful candidate will be expected to provide actuarial pricing support to various underwriting departments.

Responsibilities Include:

• Provide actuarial pricing support to various underwriting departments under moderate supervision
• Support all lines of insurance written from the European offices and through Lloyd’s. Lines of business include property, general casualty, D&O, E&O, medical malpractice, marine and onshore construction
• Research and update various pricing parameters used within our pricing models such as increased limits factors, loss trend factors, underlying loss costs per unit of exposure, etc.
• Support annual portfolio reviews across all class of business written through Europe, Asia and the Lloyd’s Syndicate
• Help build and maintain pricing models in Excel and Rulebook
• Any other duties as assigned by manager

Education, Skills and Experience:

The successful applicant will preferably have the following:

• Up to 3 years of experience a General Insurance actuary, preferably London Market Pricing insurance or reinsurance
• Bachelor’s degree in mathematics, statistics or related field
• Proficient with Excel
• Experience using Visual Basic for Applications (VBA), Rulebook, SAS, R and GLM modeling would be beneficial
• Strong analytical and communication skills
• Ability to learn quickly
• Strong ethics and integrity

Seniority level

• Seniority level

  Associate

Employment type

• Employment type

  Full-time

Job function

• Industries

  Insurance

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