Graduate Actuarial Analyst

Graduate Actuarial Analyst

Location: City of London

Sector: General Insurance

Reporting to: Actuarial Manager

Contract Type: Permanent

Hours: Full Time

Salary: £30,000 – £35,000 basic P/A

Further Information

Our Client, a leading Lloyd’s syndicate, is searching for an ambitious and exceptionally bright individual, who has a strong desire to begin an actuarial career in general insurance, to join their divisional pricing team.

Key Responsibilities:

  • Data preparation and draft projections for large individual account pricing, MGA portfolio monitoring and new business due diligence.
  • Support and development of underwriter exposure rating tools and data capture, including IT platform solutions.
  • Regular interaction with underwriters in all these aspects.
  • Premium risk parameterisation of claims frequency and severity distributions.
  • Providing Capital Model inputs and outputs for Actuarial team validation.
  • Draft parameterisation of the biannual reserving process including the review and update of development pattern selection for presentation and discussion with Senior Actuaries.
  • Data preparation and draft analysis for ad-hoc “deep dive” portfolio segmentation and historical performance.
  • Development of market benchmark development patterns.

Key Skills & Experience:

  • Have obtained a top degree in a numerate subject (i.e. mathematics, physics, engineering, economics etc.)
  • Be a graduate of 2017 or upcoming graduate
    • Minimum AAB at A-level including Mathematics
    • Very strong GCSE’s
    • Strong desire to work in General Insurance
    • Actuarial Internships highly desirable