VP – Actuary

Reposted 3 Days Ago
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London, Greater London, England
In-Office
Expert/Leader
Fintech • Software • Financial Services
The Role
The VP – Actuary will lead the Analytics division, developing risk pricing models, optimizing reinsurance strategies, and working with data analysis. Responsibilities include client interaction, technical queries, and management of junior staff.
Summary Generated by Built In

Acrisure Re is a global reinsurance broker with a reputation for placing reinsurance programs covering complex and technical books of business, at the best available market terms.  We are an integrated team of insurance and reinsurance specialists who bring together vast experience and expertise gained from working in markets and sectors across the world.  By fostering a team mentality, both internally and with our clients, we develop a thorough understanding of our clients’ situations and markets, creating unique opportunities for innovative and ingenious solutions that add value and get positive results.

Position Summary

In this role you will function as an integral member of the London Broking team working within our Analytics division and supporting our senior brokers and producers. You will provide technical servicing and development to the company’s reinsurance treaties, insurance portfolio and new business opportunities whilst conducting research, analysing client/market-wide data, and developing stochastic models through statistical, actuarial and scientific analysis.

CORE RESPONSIBILITIES
  • Develop risk pricing and analytical models based on statistical, actuarial and scientific methods in order to reach accurate conclusions.
  • Develop stochastic models and perform reinsurance optimisation analyses in order to evaluate and compare different reinsurance strategies and pricing.
  • Streamline existing processes via automation techniques.
  • Analyze, summarize, and/or review data to report findings, interpret results, and/or make recommendations.
  • Respond to technical queries regarding data, trends or results from studies.
  • Create tools to monitor and evaluate risk and claims trends for our clients.
  • Liaise between Insurers and Reinsurers and ensure information is disseminated to the appropriate channels for action, both internally and externally.
  • Represent Acrisure Re at client meetings, presentations, audits with Reinsurers and other events as appropriate. 
  • Conduct regular follow-ups with clients ensuring their needs, issues and requests are resolved satisfactorily.
  • Domestic and overseas business travel may be required.
  • Management of more junior staff

Skills / Attributes Required

  • Qualified actuary
  • Strong attention to detail.
  • Ability to think creatively.
  • Experience in pricing and / or capital modelling within Lloyd’s / London market
  • Reinsurance experience a plus.
  • Broad understanding of Lloyds’ and the London Market, including Solvency II.
  • Strong working knowledge of the various standard reserving methodologies used in the market.
  • Experience with programming languages used in data analytics, such as VBA, SQL, R, and/or Python.
  • Comfortable presenting complex technical aspects to clients in a simplified manner.
  • Practical experience working with Brokers and/or Underwriters.

Top Skills

Python
R
SQL
VBA
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The Company
HQ: Grand Rapids, Michigan
3,983 Employees

What We Do

Acrisure is a global Fintech leader that combines the best of humans and high tech to offer multiple financial products and services to millions of businesses and individual clients. We connect clients to solutions that help them protect and grow what matters, including Insurance, Reinsurance, Cyber Services, Mortgage Origination and more. Acrisure employs over 16,000 entrepreneurial colleagues in 21 countries and has grown from $38 million to $4 billion in revenue in just over ten years.

Our culture is defined by our entrepreneurial spirit and all that comes with it: innovation, client centricity and an indomitable will to win. Additionally, Acrisure is committed to making an impact in our communities by giving back, as seen by our partnerships with Helen Devos Children’s Hospital and UPMC Children's Hospital.

Discover more at www.Acrisure.com.

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