Actuarial Pricing Analyst

JR United Kingdom; Slough; On-site; GBP 30,000 - 45,000; Full time

Job summary

A leading insurance company is seeking an Actuarial Analyst to provide actuarial pricing support across various departments. The role involves maintaining pricing models, supporting all lines of insurance, and regular portfolio reviews. Ideal candidates will have a degree in a related field and strong analytical skills, with experience in insurance pricing being advantageous.

Qualifications

• Up to 3 years of experience in General Insurance actuary.
• Preferably experience with London Market Pricing insurance or reinsurance.

Responsibilities

• Provide actuarial pricing support to various underwriting departments.
• Help build and maintain pricing models in Excel and Rulebook.

Skills

Analytical skills

Communication skills

Proficiency in Excel

Education

Bachelor’s degree in mathematics, statistics or related field

Tools

Excel

Visual Basic for Applications (VBA)

SAS

R

GLM modeling

Job description

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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