Senior Technical Analyst / Actuarial Analyst (Insurance) General Insurance

ZipRecruiter; Greater London; On-site; GBP 50,000 - 70,000; Full time

Job summary

A vibrant scale-up in the insurance sector is seeking a Senior Technical Analyst / Actuarial Analyst to help develop products for the London Markets. The ideal candidate will have a strong analytical background, insurance experience, and advanced skills in MS Excel including VBA. You will gather requirements, convert pricing models, and manage stakeholder engagement to deliver high-quality documentation.

Qualifications

• BSc or MSc in mathematics, sciences, or engineering.
• Experience in insurance underwriting, actuarial or related fields.
• Proficiency in MS Excel, including VBA is essential.
• Understanding of insurance pricing model techniques required.
• Experience creating specifications and technical diagrams.

Responsibilities

• Gather requirements through workshops with stakeholders.
• Convert complex pricing models into proprietary solutions.
• Manage stakeholder expectations through the sign-off process.
• Engage with stakeholders across various levels.

Skills

Insurance pricing modelling

Requirements gathering

Stakeholder engagement

Advanced MS Excel

Excellent communication

Education

BSc or MSc in an analytical subject

Tools

MS Excel

VBA

Python

R

PowerPoint

Word

Job description

Overview

Senior Technical Analyst / Actuarial Analyst (Insurance). My client is a vibrant scale-up who have secured Series A funding and are looking to expand greatly over the coming years. They specialise in the insurance sector and are in need of an additional Senior Technical Analyst/Actuarial Analyst with plenty of experience in the insurance space to help them develop their two key products.

Summary of role:

This role will work in the General Insurance space, specifically helping them to develop their product for the London Markets.

Responsibilities

• Requirements gathering using appropriate technique(s), including facilitating requirements workshops with business stakeholders; provide diagrams and other visual aids to clearly communicate concepts; ask clarifying questions to ensure understanding and tease out implicit requirements; document and communicate the outcomes of the workshop in specifications and BDD documentation; conduct 1:1 interviews.
• Insurance pricing modelling: converting existing, complex pricing models clients have created in Excel (VBA), Python and R into our proprietary solutions; creating models that can be used as templates for similar clients that do not have them ready to go; creating custom models/raters in line with underwriter guidelines and rules; orchestrating pricing workflows between a combination of the above.
• Produce high-quality requirements documentation and manage stakeholders' requirements and expectations through the sign-off/approval process.
• Stakeholder engagement and expectations management covering all levels of Product, Engineering, Business and Programme/project teams.

Qualifications

• BSc or MSc in an analytical subject e.g. Mathematics, Sciences, Engineering.
• Insurance experience in underwriting, actuarial or business side.
• Prefer London Market experience either directly within Lloyd’s or within a Managing Agent or Delegated Authority.
• Advanced knowledge of MS Excel including VBA and User Defined Functions is essential.
• Insurance/actuarial pricing model techniques.
• Experience in Word and PowerPoint.
• R or Python experience beneficial but not required.
• Client requirement gathering exercises such as 1 to 1 meetings and workshops requiring excellent communication.
• Experience creating specifications and using advanced specification techniques including various technical diagrams required for software builds.
• Experience and knowledge of Behaviour-Driven Development (BDD) in Gherkin syntax beneficial.
• Product development and the life cycle of a software product.