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Jobs

Reinsurance, Pricing and Reserving

Salary

£45,000 - £60,000

Location

Central London

Date Posted

2 months ago

Since our establishment in 2002, HFG has become a go to name for recruitment in the Insurance industry, recognising and embracing the unique aspects of each segment; Life Insurance, General Insurance, Re-insurance, Broking and the Lloyd’s market. Our success has come from the hiring and first-class training of a strong mix of industry professionals and recruiters. We pride ourselves for sustaining a cohesive culture with a high retention rate and a pro-active attitude to employee engagement. Across all our practice areas HFG offers a full range of recruitment services including contingent, executive search, contract, interim and advertised selection.

Job description

Experience needed



Our Client, a leading Lloyd’s (re)insurer, are searching for a bright and presentable individual to join their capital modelling team.

Key Responsibilities:

  • Price specific risk and outward reinsurance as required by underwriters and build effective working relationships with them
  • Provide actuarial input into the pricing and structure of reinsurance programmes
  • Improve future pricing and develop pricing & analytics by assisting with the development of technological processes
  • By working with Underwriters review rating tools on selected product lines and manage the development and implementation of both new and existing rating engines
  • Assist with the quarterly reserving process periodically throughout the year
  • Provide MI analysis
  • Develop the link between pricing and reserving functions to ensure consistency between both disciplines
  • By monitoring contextual actuarial analysis assist with the capital parametrisation

Key Skills & Experience:

  • Part qualified actuary with 2+ years’ experience working General Insurance Actuarial
  • Highly numerate and analytical with very good academic record
  • Excellent written and verbal communication skills
  • Excellent IT skills, knowledge of programming languages such as R and Python desirable
  • Previous experience in reinsurance desirable

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