SYSTEMIC RISK ACTUARY | 30227

Emerald Group; Greater London; On-site; GBP 85,000 - 110,000; Full time

Job summary

Emerald Group in London seeks a Portfolio Risk Actuary to shape catastrophe and systemic risk across a fast-growing global portfolio. You will lead cyber catastrophe modelling with actuarial and underwriting teams to inform strategy and risk appetite.

The role requires strong numeracy, (re)insurance experience, and proficiency with SQL, Python or R. You will communicate complex analyses clearly to technical and non-technical partners and contribute to strategic projects as the portfolio expands.

Qualifications

• Actuarial experience in (re)insurance, ideally London Market exposure.
• Proficient with SQL, Python or R for modelling and analysis.
• Strong numeracy with a solid academic background in a numerate discipline.

Responsibilities

• Take day-to-day ownership of cyber catastrophe modelling and exposure management, calibrating the proprietary model to reflect threats and trends.
• Collaborate with underwriting, cyber security, claims and performance teams to translate analysis into commercial insight for strategy and risk appetite.
• Analyse performance and exposure across growth areas to support risk understanding.
• Share expertise through practical guidance and training and contribute to wider strategic projects as the portfolio grows.

Skills

SQL

Python

R

Actuarial modelling

Communication

Education

Actuarial qualification track (newly or qualified)

Job description

As a Portfolio Risk Actuary, you’ll help shape how they understand and manage catastrophe and systemic risk across a fast-growing global portfolio. Working with their Portfolio Management, Actuarial and Catastrophe Modelling team, you’ll develop the models and insight that inform underwriting strategy, portfolio growth and risk appetite.

• Location: London
• Category: Non-life Actuarial
• Type: Permanent

Key responsibilities including however, not limited to the following:

• You’ll take day-to-day ownership of the cyber catastrophe modelling and exposure management approach, developing and calibrating their proprietary model to reflect emerging threats, claims trends and changing risk drivers.
• You’ll work closely with underwriting, cyber security, claims and performance management, you’ll turn complex analysis into clear commercial insight that supports underwriting strategy, portfolio growth, business planning and risk appetite.
• You’ll also analyse performance and exposure across growth areas of business, helping to better understand and manage risk.
• You’ll share your expertise through practical guidance and training and contribute to wider strategic projects as the team and portfolio continue to grow.
• Newly or Qualified Actuary
• You’ll bring demonstrable actuarial experience within insurance or reinsurance, ideally gained in the London Market or a broader general insurance environment, and experience in cyber, specialty or commercial lines insurance.
• You understand core actuarial techniques and insurance performance metrics and have had some exposure to capital or catastrophe modelling. You’ll also be progressing towards a recognised actuarial qualification and have a strong academic background in a numerate discipline.
• Comfortable working with complex data, you can use tools such as SQL, Python or R and turn technical analysis into clear, commercially useful insight.
• You’ll be an engaging communicator who can build strong relationships across technical and non-technical teams, with the judgement, curiosity and initiative to succeed in a fast-moving environment.