ILS Actuary – 28419

The Emerald Group; Liverpool City Region; On-site; GBP 60,000 - 100,000; Full time

Job summary

Join a dynamic actuarial team at a leading firm where you will engage in a variety of exciting projects involving product development and financial modeling. This role offers the chance to leverage your extensive experience in pricing and valuation of ILS and reinsurance products while utilizing advanced analytical techniques to deepen the understanding of insurance risks. With a focus on collaboration and innovation, you will be instrumental in producing key metrics and insights that drive strategic decisions. If you are passionate about actuarial science and looking to make a significant impact in a supportive environment, this opportunity is perfect for you.

Qualifications

• 8+ years of experience in actuarial roles, with a focus on ILS and reinsurance products.
• Strong understanding of database structures and analytical techniques.

Responsibilities

• Pricing, valuation, and development of ILS and reinsurance products.
• Produce quarterly information for finance and operations teams.

Skills

Actuarial Techniques

Quantitative Analysis

Financial Modelling

Analytical Skills

Education

Bachelor’s degree in Statistics, Mathematics, Computer Science, Data Science, Physics, Engineering

Associate or Fellow of a recognized actuarial association

Tools

SQL

Snowflake

Job description

The actuarial ILS team assists the Company's platform in a wide variety of projects spanning from product development, financial modelling, software development, product valuations and servicing.

• Location: Hamilton
• Category: Actuarial
• Type: Permanent

Key Duties (Including but not limited to):

• Pricing, valuation and development of ILS and reinsurance products (e.g., ILW, Cat bonds).
• Help producing quarterly information needed by the finance outwards and operations teams.
• Use actuarial and other analytical techniques to help the platform deepen their understanding of insurance risks and understand drivers of change in various partners’ portfolios.

Minimum Requirements:

• Associate or Fellow of a recognized actuarial association.
• Bachelor’s degree in Statistics, Mathematics, Computer Science, Data Science, Physics, Engineering, or similar discipline with emphasis on quantitative analysis and methods.
• A minimum of 8 years of experience with at least 3 in a similar role.
• Preference will be given to candidates who can demonstrate experience with both property and casualty related products.
• Produce and interpret key metrics from property catastrophe models (e.g. OEP, AEP, Return period, PML, Occurrence pattern, etc.).
• Understanding of database structures and logic, including database languages such as SQL or Snowflake.