Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Role Purpose

The primary responsibility of this role is to increase the systems and data capabilities of the Actuarial team through leading key projects that will arise over time as the needs of the business and actuarial team change. The Development Actuary will also be a key interface between the Actuarial team and IT teams, ensuring that the needs of the team are prioritized and brought to completion.  This is a role with dual reporting lines into the Head of Pricing and Head of Reserving, so candidate must be highly skilled in managing multiple stakeholders and progressing multiple projects concurrently.

Roles and Responsibilities

• Take ownership and improve the efficiency of key Actuarial processes by improving the templates they are based on
• Be Actuarial’s representative with the IT team and the data team by prioritizing the development backlog, as well as being the key contact in raising new items. This would entail answering their questions and leading items to completion
• Own and improve the Actuarial Management Information reporting increasing access to data to the wider Starr teams as per our data strategy
• Lead key projects on the Actuarial side. Projects will be primarily Reserving and Pricing focused but may touch on capital in the longer term: example of projects that will likely be required initially:
  • Pricing platform transformation
  • Developing the use of AI within the Actuarial team to increase efficiencies, data quality and access to data

• Supporting maintenance of adequate levels of documentation
• Future development of the role can be tailored based on individual including opportunity to get involved in more business-as-usual pricing or reserving work.

Experience

• Qualified actuary or equivalent
• Pricing or Reserving experience
• General Insurance background, London market experience preferred but not required
• Project work experience
• Process improvement experience

Skills

• Someone proactive with ability to manage several projects in parallel
• Analytical and problem solving skills with high attention to detail
• Communication and collaboration skills including stakeholder management
• Judgment and decision making ability.

Systems & IT

• Advanced Excel skills
• Visual Basic preferred but not required
• Power BI or similar
• At least one coding language (Python, R or equivalent)

Qualifications

• Qualified with Institute of Actuaries or equivalent

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.