Key duties & responsibilities
- Work with the Casualty Reinsurance team to provide pricing and deal-analysis support, including pricing-model development and individual case pricing support in line with best-practice actuarial techniques.
- Provide support for account performance monitoring, managing the tracking of cash / premium flows, claims and other relevant data.
- Production and update of policies, technical procedures and methodology documents owned by the actuarial function appropriate to models created and maintained.
- Lead regular and annual validation of models, including ongoing testing, and validation of model changes and appropriateness of techniques and parameters.
- Provide actuarial support to the wider objectives of the underwriting teams including input on reserving and capital modelling as required.
- Provide actuarial support for other Ascot Group areas as required
Minimum qualifications, skills & experience
- Bachelor’s degree in Mathematics, Actuarial Science, or another relevant numerate subject.
- ACAS, FCAS, ASA, FSA, AIA or FIA, or equivalent actuarial designation.
- Minimum of 5 years of actuarial pricing experience within re/insurance, with significant experience and understanding of model development and validation within Casualty Reinsurance.
- High level of proficiency in Microsoft Excel, VBA programming and Power BI.
- Comfort with databases and proficiency in SQL.
- Proven organizational and project management skills.
- Excellent written and oral communication skills.
- An intrinsic drive to continually improve processes and product lines, develop innovative solutions, support business growth and work in a fast-paced, collaborative and dynamic environment.
Please be aware that Ascot Group’s job opportunities will be posted on our official careers page. All official communication comes from @ascotgroup.com email addresses, if you receive a job offer or recruitment communication from Ascot Group that you suspect might be fraudulent, do not hesitate to contact us directly to verify its legitimacy. We will never ask for payment or sensitive personal information during any stage of the recruitment process. Your privacy and trust are of utmost importance to us, and we strive to ensure that you have a positive experience with Ascot Group.
Skills Required
- Bachelor's degree in Mathematics, Actuarial Science, or another relevant numerate subject
- ACAS, FCAS, ASA, FSA, AIA or FIA, or equivalent actuarial designation
- Minimum of 5 years of actuarial pricing experience within re/insurance, with significant model development and validation experience in Casualty Reinsurance
- High level of proficiency in Microsoft Excel and VBA programming
- Proficiency in Power BI
- Comfort with databases and proficiency in SQL
- Proven organizational and project management skills
- Excellent written and oral communication skills
Ascot Group Compensation & Benefits Highlights
The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Ascot Group and has not been reviewed or approved by Ascot Group.
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Healthcare Strength — Health coverage in the U.S. is characterized as excellent, with indications that individual medical can be employer-paid in some cases. Company materials also highlight comprehensive medical, dental, vision, and wellness resources.
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Retirement Support — A 401(k) with company contributions or match is consistently highlighted, alongside options such as HSAs and FSAs. This points to structured support for longer-term financial security.
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Leave & Time Off Breadth — Generous PTO and paid holidays are emphasized, with additional leaves such as caregiver, adoption, and disability frequently included. Some locations note extras like birthdays off.
Ascot Group Insights
What We Do
Ascot Group is a global specialty insurance and reinsurance group with a record of underwriting excellence and superior claims service. Founded in 2001, Ascot provides a broad range of property and casualty products to customers worldwide through its Lloyd’s and Bermuda market platforms. In the United States, Ascot provides specialized insurance products to small and mid-sized businesses as well as offering underwriting services to high-quality carrier and syndicate partners.
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