Actuary

BMS Group; City Of London; On-site; GBP 40,000 - 60,000; Full time

Job summary

A leading global broker in London is seeking an experienced Actuary to join their dynamic team. The role involves providing professional actuarial services, analyzing risks, and producing actionable reports. Ideal candidates will have a Bachelor's degree and be progressing towards IFOA qualification. Join a collaborative environment that fosters growth and learning.

Qualifications

• Bachelor’s degree with a minimum 2:1 grade.
• Progressing towards qualification with the IFOA.

Responsibilities

• Review accuracy of data and calculations.
• Assist in risk analysis using data and models.
• Report on actuarial data analysis results.
• Perform data modeling and produce actionable reports.

Skills

Data analysis

Statistical methods

Communication skills

Interpersonal skills

Adaptability

Education

Bachelor’s degree in Mathematics, Economics, Finance or Business

Progress towards IFOA qualification

Job description

Overview

About BMS

BMS is a dynamic, independent global broker delivering specialist insurance, reinsurance, and capital markets advisory services. Our purpose is to help people, businesses and communities flourish and prosper in a world of risk.

We are a global brand with offices located across the US, Canada, Latin America, Australia, Europe and Asia with both a strong local focus and understanding of market needs. Being independent gives our brokers the freedom to deliver the best solutions and combined with our collaborative team approach, single platform worldwide and renowned personal service, we are the independent broker of choice.

Position Overview

In this role you will function as an integral member of the broking team providing professional actuarial services to brokers, clients and prospects. You will work across a wide range of lines of business assisting in providing solutions to clients’ business needs. You will be part of a growing dynamic team with the opportunity to gain extensive experience ranging from portfolio analysis, structuring reinsurance deals and assisting in alternative capital solutions as well as ad hoc projects.

Essential Responsibilities

• Review accuracy of data and calculations
• Assist in the analysis of risk using data, appropriate models and statistical methods
• Report and assist in interpreting results of actuarial data analysis and produce reports for clients
• Perform data-modelling as well as help convert that data into actionable analysis and reports
• Adhere to established team/personnel objectives as a reflection of company objectives
• Perform required actuarial work in a highly professional and timely manner
• Participate in R&D, and in the improvement and enhancement of existing tools
• Maintain the continuing education requirements as required by the Institute and Faculty of Actuaries

Required Education, Experience and Skills

• Bachelor’s degree from university preferably in Mathematics, Economics, Finance or Business (2:1 minimum)
• Making good progress towards qualification with the IFOA
• Knowledge and understanding of pricing and reserving concepts
• Developmental skills
• Ability to communicate clearly and effectively (both written and verbal)
• Ability to interact with all levels of employees with good interpersonal and relationship management skills
• Forward thinker and planner; proactive and uses initiative
• Adapt and respond well to change and pressure