Actuary, Assumption Development, R&D – 30117

The Emerald Group Ltd, Search and Selection; Greater London; On-site; GBP 90,000 - 130,000; Full time

Job summary

The Emerald Group Ltd, Search and Selection is seeking an actuarial professional at near-qualified or fellow level to contribute to market-leading models for longevity and protection pricing.

You will source data, build models, and challenge assumptions, work with stakeholders across the company, and mentor junior team members within the R&D team.

Experience in GLMs, Survival Models, and SQL/R/Tyche is valued, as is presenting complex topics to diverse audiences.

Qualifications

• Nearly qualified or qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organisation.

Responsibilities

• Contribute to the development of market-leading assumptions by sourcing data, building models, and bringing innovative approaches to assumption setting
• Provide robust challenge to assumptions and approaches adopted by Pricing
• Build effective working relationships with stakeholders across the company, to support alignment and understanding of technical recommendations
• Support actuarial research initiatives, including contributing to internal analysis, thought-leadership work, and engagement with academic partners
• Provide guidance and mentoring within the R&D team, supporting the development for junior team members

Skills

Analytical skills

Problem-solving

Actuarial modeling

GLMs and Survival Models

SQL

R

Tyche

Team collaboration

Education

IA/IFoA Fellow or near-qualified

Tools

SQL

R

Tyche

Job description

Overview

Key responsibilities (including but not limited to):

• Contribute to the development of market-leading assumptions by sourcing data, building models, and bringing innovative approaches to assumption setting
• Provide robust challenge to assumptions and approaches adopted by Pricing
• Build effective working relationships with stakeholders across the company, to support alignment and understanding of technical recommendations
• Support actuarial research initiatives, including contributing to internal analysis, thought-leadership work, and engagement with academic partners
• Provide guidance and mentoring within the R&D team, supporting the development for junior team members

Qualifications Required

• Nearly qualified or qualified Fellow of the Institute or Faculty of Actuaries or Society of Actuaries or other similar organisation

Experience Required

• Strong analytical skills and problem-solving abilities
• An understanding of one or more of the markets they operate in (Longevity or Protection reinsurance)
• Familiarity of experience studies, trend modelling, and pricing within the life insurance industry (including reinsurers, insurers and consultancy)
• Competent in using programming languages (e.g. SQL, R or Tyche)
• Knowledge of actuarial techniques such as Generalized Linear Models and Survival Models
• Ability to collaborate with strong team-working and interpersonal skills
• Experience in presenting to varied audiences on technical topics to gain approval