Reinsurance Actuary – 27933

The Emerald Group; London; On-site; GBP 60,000 - 100,000; Full time

Job description

The pricing actuary will work closely with the head of reinsurance pricing to develop pricing models and processes covering all reinsurance lines underwritten at the Company, gaining first-hand insight to all stages of the pricing process.

• Location: London
• Type: Permanent

Key Duties (including but not limited to):

• Mentor and develop team members, as well as support the head of reinsurance with strategic initiatives.
• Enhance exposure and experience rating models for day-to-day underwriting, as well as individual account pricing and portfolio management, utilizing analytical and programming techniques.
• Prepare reports and exhibits, actively communicating the results and output of models to the business.
• Develop best-in-class pricing models across all reinsurance lines underwritten.
• Price and assess profitability of large and complex treaties.
• Update pricing models to meet underwriters’ changing needs, evolving market conditions, and advances in catastrophe research.

Minimum Requirements:

• At least 5 years’ experience in a similar role and be a qualified actuary.
• Reinsurance pricing experience with Lloyd’s syndicate, reinsurer, or broker.
• Deep understanding of property reinsurance and natural peril modelling (RMS/ AIR).
• Experience working directly with reinsurance underwriters on account pricing is essential.
• A passion for mentoring junior team members, particularly pricing actuaries and analysts.