Reserving Actuarial Analyst

Location: London

Contract Type: Permanent

Work Pattern: Full Time and Hybrid

About The Job

The reserving team is responsible for setting reserves for a wide range of business and communicating and reporting the outputs of this exercise to management.

Analysts within the team are key to setting up and interpreting reserving results and communicating the insights from this within the team. This role will have a mix of modelling/analysis work and the opportunity to continue to study for the actuarial exams.

What you’ll spend your time doing:
Here’s a snapshot of some of the key parts of the job:

Modelling

• Consider the best modelling to use to answer questions
• Implement improvements to models based on an understanding of how the output will be used
• Review modelling methodologies and document their assumptions and limitations

Analysis

• Undertake analysis on data, model inputs and outputs to improve insight
• Supporting the development and delivery of strategy including exploring priorities and options
• Direct analysis to optimise output within specific work areas

Communication

• Communicating all aspects of modelling analysis to a range of stakeholders, with particular emphasis on the links between modelling and the real world risk profile
• Collaborating with all areas of the Amlin business to ensure robust use of output, developing trusted relationships based on transparency and high quality of analysis
• Actively contributing to the actuarial team culture of high performance and inclusivity

You’re going to enjoy this job if you also…

• Are a strong problem solver who enjoys thinking through methods and predicting and understanding outcomes, including creative and innovative thinking
• Keen learner – working towards completion of actuarial qualification
• Self-motivated to actively seek continuous improvement
• Can communicate complicated concepts effectively in person and in writing
• High attention to detail and accuracy

What you’ll need:

For this particular role we need you to have:

• Good logical reasoning skills couple with commercial acumen 
• Excellent communication skills
• Experience in an analysis role (not necessarily general insurance)

We are stronger together because of our common interests and rich differences. You may be the strength we didn’t know we needed. Believe in yourself, and click apply today!

What Can You Expect From Us?

• Competitive Base Salary
• Performance Related Discretionary Bonus
• Holiday: 28 days core annual leave, and you can buy up to 5 days
• Pension: A minimum 2% employee contribution plus 7% MS Amlin contribution (9%) up to a maximum of 5% employee contribution plus 13% MS Amlin contribution (18%)
• Private Medical: cover for yourself. Family members/dependants can be added.
• Flex Fund: £1,000 (pro-rated based on start date) to spend on flexible benefits. 
• Life Assurance: 5 x annualised base salary
• Enhanced Parental Leave (maternity and paternity): 6 months full pay, entitled from day 1. 
• Continuous Learning Approach: Including study support with professional qualifications.
• Carers Leave: 5 days full pay.
• Employer Supported Volunteering: 3 days volunteering leave - full pay.
• Annual health screening
• Give as you earn
• Cycle to work
• Season ticket loan
• Green car scheme  
• Retail discount platform

About MS Amlin

MS Amlin is a group of leading global (re)insurance companies, and we are part of the global top-10 non-life insurance group MS&AD.  We operate through four legal entities operating in the Lloyd’s, Continental European, US and Bermudian global (re)insurance markets.

This role is in our Lloyd’s business

Our Lloyd’s business writes a diverse (re)insurance portfolio and specialises in providing insurance coverage to commercial businesses and offering reinsurance protection to other insurance companies around the world.  We operate from our offices in the heart of London’s (re)insurance district and from our market hubs in Asia and the Middle East. We work in partnership with our brokers and clients to provide proactive risk solutions and support across a broad range of trades and industries. We operate through our Lloyd’s Syndicate 2001, and we can trace our roots in the insurance market, back over 100 years.