Q Underwriting are seeking an Actuarial Analyst (Non-Life) to provide actuarial expertise in reserving and pricing across 30+ niche commercial lines products, supporting key business decisions with accurate analysis and insights.
The role focuses on enhancing processes and collaborating with stakeholders to drive strategic goals, optimise performance and deliver actionable solutions.
Key Responsibilities:
Technical
Assist in the preparation and analysis of quarterly reserving estimates, ensuring accuracy within reporting timelines.
Use analytical tools (e.g. Excel, SQL) to maintain and enhance data quality for accurate reserving and pricing models.
Support the development and enhancement of pricing and reserving models whilst ensuring alignment within industry best practices.
Reporting
Work closely with key stakeholders including Portfolio Directors, Data Team and insurance providers to communicate reserving outcomes and pricing strategies.
Draft and deliver reports and documentation on reserving processes and pricing methodologies, maintaining compliance with professional standards.
General
Identify and implement process improvements to enhance efficiency and effectiveness in actuarial functions.
Participate in ad-hoc analyses and strategic initiatives as required to support business objectives.
Pursue professional development and excellence with the support of the Learning & Development team
Qualifications
Bachelor's degree in Actuarial Science, Mathematics or a related field
Progressing towards an actuarial qualification or similar body
Experience
A minimum of 2-4 years of non-life industry experience in actuarial roles, preferably in reserving
Experience with ResQ
Experience with other actuarial industry software: Radar, Akur8, Emblem, Earnix
Knowledge
Understanding of general insurance principles and practices
Understanding of the Lloyd’s and London markets lines of business
Skills
Proficiency in Excel
Strong analytical skills with the ability to interpret complex data and derive actionable insights.
Strong organisational skills and the ability to manage multiple tasks and projects effectively.
Excellent communication skills, with the ability to present technical information clearly to both technical and non-technical stakeholders.
Familiarity with programming languages such as SQL, R, or VBA for data analysis and model development
A proactive and collaborative approach to working with cross-functional teams.
Why PIB Group?
PIB Group is one of the UK’s fastest-growing insurance businesses, offering real career progression, professional development, and a collaborative culture where your work truly matters.
We encourage our people to be collaborative, with entrepreneurship at our core. We are a fast-paced, growing organisation and an exciting place to be.
We also value ambition and creative thinking. You don’t have to tick every box to apply, if you bring fresh ideas and a drive to grow.
Inclusion & Accessibility
We are an equal opportunities employer, committed to hiring a diverse and inclusive workforce. We do not discriminate on the basis of race, colour, gender, religion, disability, age, sexual orientation, or any other characteristic protected by law.
Top Skills
What We Do
Since our formation in 2015, PIB Group has been on a mission to create a leading position in the provision of specialist insurance solutions across the UK market and beyond.
It’s been an exciting journey as we’ve remained focused and committed to delivering everything that we set out to achieve. We’ve been growing rapidly through acquisition, and by employing outstanding individuals with a wealth of knowledge and experience across the insurance market.
By bringing together companies and individuals recognised as leaders across a range of specialist markets, PIB can draw on their vast expertise and insights which in turn enables customers to enjoy the highest levels of service.
That journey has led to PIB Group today being a highly diversified insurance distribution consolidator focusing on specialist commercial lines and non-standard personal lines products with deep expertise across both direct and B2B distribution through its broking, underwriting and network divisions.
In 2021, PIB Group secured further investment from Apax partners (the ‘Apax Funds’) and re-investment from PIB’s existing investor since 2015 The Carlyle Group. The investments enable PIB to continue our ambitious growth plans.
