Senior Actuary - Portfolio Optimisation

TN United Kingdom; London; On-site; GBP 50,000 - 80,000; Full time

Job summary

A leading company in the finance sector is seeking a professional to manage performance and portfolio analysis within the insurance industry. The role involves data analysis, reporting, and collaboration with senior management to enhance underwriting performance and optimize portfolio strategies. Candidates should possess strong analytical skills, market knowledge, and effective communication abilities.

Qualifications

• In-depth understanding of insurance and reinsurance principles.
• Excellent communication skills for conveying complex concepts.
• Strong project management skills to handle multiple tasks.

Responsibilities

• Work closely with CUO and Senior Underwriters to optimize portfolio performance.
• Utilize advanced analytics for underwriting performance insight.
• Lead business planning exercises to support annual business plans.

Skills

Market knowledge

Market trends

Communication

Project management

Analytical skills

Data science

Problem-solving

Financial acumen

Job description

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Client:

Location:

London, United Kingdom

Job Category:

Finance

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EU work permit required:

Yes

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Job Reference:

9aa18ed37e3c

Job Views:

2

Posted:

19.05.2025

Expiry Date:

03.07.2025

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Job Description:

Responsibilities

• Performance and portfolio management : Work closely with the CUO, Head of Pricing and Senior Underwriters to analyse and optimse the performance of Specialty Property and Specialty Casualty portfolios
• Data analysis and reporting : Utilise advanced analytics to drive improved underwriting performance insight, identify trends, and propose actions. Regularly report findings and recommendations to senior management
• To co-ordinate monthly CIPs ( Class Insight Pods ) with multiple stakeholders for each line of business, drive discussions, inform strategy and foster culture of continuous portfolio improvement
• Lead business planning exercise to formulate loss ratios and reinsurance assumptions that to support of the annual business plans
• Support reinsurance function by leading analysis into alternative structures and adequacy of reinsurance placements by working closely with Capital modelling team. Coordinate with RI technical support and reinsurance brokers to provide data, analysis and insights to support the reinsurance purchasing process.

Qualifications

• Market knowledge: In-depth understanding of insurance and reinsurance principles, particularly within the Lloyd's and London markets
• Market trends: Awareness of current market trends, emerging risks, and industry best practices within the Lloyd's market
• Communication: Excellent communication skills to effectively convey complex actuarial and financial concepts to non-technical stakeholders. Able to establish credibility with senior underwriters and act as a central conduit across multiple functions
• Project management: Strong project management skills to handle multiple tasks, prioritize workloads, and meet deadlines
• Analytical skills: Exceptional analytical and quantitative skills to interpret complex data and develop robust portfolio models
• Data science: Beneficial to have experience in applying data science techniques in an insurance setting
• Problem-solving: Strong problem-solving abilities to identify issues, develop solutions, and implement strategies to optimize portfolio performance
• Financial acumen: clear understanding of an insurance P&L and what drives performance