Actuary

Howden Insurance Local UK; United States; Hybrid; USD 120,000 - 180,000; Full time

Benefits offered by this job

Hybrid working

Reasonable adjustments

Job summary

Howden is seeking an experienced actuarial professional for the Analytics team to deliver value through pricing, reserving and capital modelling across global (re)insurance workloads. You will work with brokers, carriers and insureds as part of a multidisciplinary group, with opportunities to mentor junior colleagues.

The role supports ongoing professional development and flexible or hybrid working arrangements while enabling engagement with international clients across the Americas, Europe,

Qualifications

• Established practitioner in General Insurance with pricing/reserving/capital modelling experience.
• Pricing/reserving experience in casualty reinsurance is preferred.
• Experience in advisory/placements with brokers, carriers or clients is a plus.

Responsibilities

• Collaborate with Howden Analytics team on (re)insurance placements and tender opportunities.
• Apply actuarial and analytical techniques to deliver advisory and placement projects.
• Lead client and research projects commensurate with experience.

Skills

General Insurance

Pricing

Reserving

Capital Modelling

Casualty Reinsurance

Client Interaction

Mentorship

Job description

Who are we?

Howden is a collective – a group of talented and passionate people all around the world. Together, we have pushed the boundaries of insurance. We are united by a shared passion and no-limits mindset, and our strength lies in our ability to collaborate as a powerful international team comprised of 18,000 employees spanning over 100 countries.

People join Howden for many different reasons, but they stay for the same one: our culture. It’s what sets us apart, and the reason our employees have been turning down headhunters for years. Whatever your priorities – work / life balance, career progression, sustainability, volunteering – you’ll find like-minded people driving change at Howden.

About the role

In Analytics, the actuarial team serve and support all Howden businesses including Insurance, Reinsurance and Capital Markets. This spans most geographies – from the Americas, through Europe, Middle East across to Australasia. We have a diverse range of clients via our London and regional offices across the world, who rely heavily on our expertise and insights as well as those independent, second pair of eyes perspective.

You will be responsible for the delivery of actuarial and analytical solutions that provide outstanding value to both consumers (brokers, insureds and re-insureds) and capacity (carriers) alike. The successful applicant will work in tandem with brokers, but within a dynamic multidisciplinary team containing actuarial and catastrophe modelling experts.

Although the role doesn’t require the actuarial qualification and studying for the exams with the Institute & Faculty of Actuaries, Howden will support candidates that would like to begin their studying journey, continue their existing endeavours and/or maintain their professional qualifications/expertise.

What you’ll bring:

The ideal candidate will be an established practitioner in General Insurance with established expertise in pricing, reserving and/or capital modelling. Preferably the candidate’s pricing/reserving experience will be in casualty reinsurance and the candidate will be confident and credible in analysing, designing, pricing reinsurance structures for indemnity and parametric risks. This experience can be from a consultancy, broker or carrier.

The ideal candidate will be an looking to continue their successful career in the (re)insurance industry within Howden. You will have:

• An enthusiasm for continuous learning and problem solving
• A focus on the delivery of projects and products as a leader or collaborative team player
• A “owner’s” mindset and look to take on responsibility for the successful completion of projects
• A desire to contribute to and shape the development of a growing team – in particular to guide and mentor the more junior members of the team.

You will have good interpersonal skills, passion, energy, a problem-solving demeanour and a delivery oriented mind-set. An aptitude to listen, to understand and anticipate the project requirements and the ability to optimally and expertly communicate your findings. Enthusiasm and willingness to work with brokers, carriers and/or insureds.

You will be seeking a challenging and rewarding opportunity to develop a successful career in Howden.You will help Howden to differentiate ourselves by delivering excellent service to retain existing accounts and help to win new business.

Key accountabilities

You will collaborate with colleagues across Howden as well as the wider Analytics team on projects related to (re)insurance placements or for tender opportunities. Building your network, you will be encouraged and supported to interact with a diverse range of colleagues, peers and clients.

You will be expected to apply (and refine) actuarial and analytical techniques to help deliver advisory and placement projects, working alongside both senior and junior colleagues. Commensurate with your experience and skills, you will lead client and research projects.

What do we offer in return?

A career that you define. At Howden, we value diversity – there is no one Howden type. Instead, we’re looking for individuals who share the same values as us:

• Our successes have all come from someone brave enough to try something new
• We support each other in the small everyday moments and the bigger challenges
• We are determined to make a positive difference at work and beyond

Reasonable adjustments

We’re committed to providing reasonable accommodations at Howden to ensure that our positions align well with your needs. Besides the usual adjustments such as software, IT, and office setups, we can also accommodate other changes such as flexible hours* or hybrid working*.

*Not all positions can accommodate changes to working hours or locations.

Permanent