Actuarial Analyst/ Student ActuaryLondon (WFH until further notice) Are you a student actuary currently working within general insurance? The Health Insurance sector is undergoing rapid change, as such, it's an exciting time to join Aetna International and to experience the evolution.This pricing role would suit you if you thrive in a dynamic commercial environment. where the short tail nature of the business means that the impact of decisions is experienced within a matter of months. You will play a key part in the pricing and planning function of Aetna International (AI). AI has ambitious expansion plans, with the acquisition of a major domestic insurer in APAC and with further plans for organic growth in the pipeline, we expect the Actuarial function to expand in response to this to create further opportunities in the future.Reporting to the Actuarial Director for the Europe region, you will be responsible for technical pricing analysis supporting the international Individual and SME business written. You will also assist from time to time in business planning, experience monitoring, M&A and reserving.Support actuarial function by applying quantitative skills and analytical methods. Set own priorities within pre-established overall deadlines. Leverage strong technical skills to achieve business solutions and demonstrate understanding of business and product processes. Complete tasks independently with some direction from supervisor.About You:Candidates with 1-3 years’ commercial experience desired, preferably with knowledge of SQL/VBA/Python coding. No need to have previous pricing or health insurance experience. Numerical degree e.g. Mathematics, Economics, Engineering, Actuarial Science or equivalent experienceProgression through Actuarial exams Aetna’s global business, Aetna International, is one of the world’s largest and most prominent providers, with more than 650,000 members worldwide and a direct settlement network of over 125,000 hospitals and clinics. Aetna is about more than just doing a job. This is our opportunity to re-shape healthcare across the globe. We are a company built on excellence. We have a culture that values growth, achievement and diversity and a workplace where your voice can be heard. As well as some excellent benefits and a fantastic working environment, we will give you the space to grow and provide you with opportunities to learn new skills to keep you developing personally and professionally. Join us and help turn health ambitions into achievements.read more
Average Actuarial Assistant salary in the UK
Pricing Actuary Job Market: Actuary / Actuarial / Insurance Pricing Actuary - Model Development Experience - About the role The Pricing Actuary will lead the pricing team in the development of pricing models to drive sustainable pro?table growth and support strategic initiatives. This role will support many lines of business, including Casualty, Property, Energy, Aerospace, Marine and Credit Lines. The successful candidate must have strong communication skills, commercial awareness and a solid understanding of good model design principles and approaches in order to provide best-practice modelling solutions for underwriting teams based in London and overseas. This role will involve close collaboration with underwriting teams across the business, underwriting management, and divisional actuaries to develop modelling techniques, rationalise and streamline models and drive more data-driven insights through use of internal and external data. The Pricing Actuary will be responsible for ensuring that effective model development governance. The Pricing Actuary is a member of the Actuarial pricing team in London and works closely with underwriting teams under the guidance of the Assistant Pricing Manager / Head of Pricing and Project Pricing Actuary. The Pricing Actuary will have line management responsibilities for a team focusing on model development activities. Pricing Actuary - Model Development Experience - Key duties Quickly establish familiarity with unfamiliar lines of business, pricing models, data and work?ow systems Plan and prioritise a wide array of potential modelling improvements Work in collaboration with underwriters, the pricing team and management across the planning and development process Develop pricing models to meet underwriter requirements and in line with Actuarial pricing frameworks and technological solutions platforms Lead the team in regard to model development activities, working in collaboration with the Assistant Pricing Manager / Head of Pricing and Project Pricing Actuary Research and develop techniques and approaches to deliver improvements in operational efficiency, data quality and modelling capabilities through model design and use of technology Provide thought leadership and evaluation for pricing models developed/calibrated by divisional actuaries Develop strong relationships with underwriting and cat modelling teams to coordinate sharing of best practices and expertise with peers across the Group Ensure alignment of pricing with evolving exposure management practices and 'Own View of Risk’ frameworks, providing input into the development of modelling approaches where appropriate Collaborate, present and share knowledge with the wider Actuarial team on pricing approaches Assistance for other pricing team activities as required Pricing Actuary - Model Development Experience - Key requirements Quali?ed Actuary with solid London Market pricing experience in model development and maintenance Management experience Strong IT skills, including comprehensive knowledge of Excel and VBA Desirable R, SQL, Python Pricing platform experience (e.g. Rulebook, EASA, Tyche) 2.1 or 1st degree in a Maths or Maths-related subject (e.g. Physics, Engineering, Statistics)read more
Reserving Actuary (15 month Fixed Term Contract) Job Market - Actuarial - General Insurance Reserving Actuary - About the role Leading the actuarial aspects of IFRS17 implementation you will also assist in other change projects e.g. development of the reserving models and visualisation (to aid better reserving analysis and process efficiency), end to end financial process transformation and the implementation of the new policy admin system. A qualified (or nearly qualified) actuary with Lloyds/London market experience to lead actuarial input into actuarial-specific projects. This role operates across all existing syndicates/divisions, which currently includes aviation, energy, marine, property, specialist, UK and international liability with nuclear, third-party syndicates and run-off business. The successful candidate must have strong communication skills and an actuarial background. Experience of change projects is desirable (including designing, building models, completed, testing, associated documentation and handover) although not essential. The Reserving Actuary will be located within the Actuarial reserving team in London and work collaboratively with other teams including Finance, IT and potentially consulting firms. Reserving Actuary - Key duties Working with the Projects Actuary, identifying project-based actuarial initiatives, especially but not restricted to regulatory, actuarial methods and process/technology-focussed areas. Assessing the benefits and costs and prioritising where necessary, as well as obtaining buy-in from senior stakeholders. Planning, documentation and implementation of projects, utilising appropriate resource, all to agreed timescales.Managing the successful transition of project-initiatives to business-as-usual.Setting controls and standards around project deliverables that meet regulatory, professional actuarial and company-wide standards of quality.The jobholder will be a key actuarial representative on various cross-departmental forums and will be expected to demonstrate robust skills of negotiation to ensure the actuarial view is appropriately represented.Production, development and enhancement of exhibits and reports to the Board and its Committees.The jobholder will be proactive in identifying areas where actuarial involvement can add to the performance of a business area and to prioritise, design and lead the work.Providing support to other members of the actuarial department on an ad hoc basis when required.Where required support to the wider actuarial reserving team Reserving Actuary - Key requirements General insurance reserving experience Project experience Strong IT skills, including comprehensive knowledge of Excel and VBA Qualified Actuary or nearly qualified Actuary • 2.1 or 1st degree in a Maths or Maths-related subject (e.g. Physics, Engineering, Statistics) • 3 or more strong 'A’ levels, including Maths We are open to considering flexible working arrangements for all roles and encourage you to outline your needs during the interview process.read more
|Location||Average salary||Salary range||Jobs|
|Bristol||£55,000||£55,000 - £55,000||1|
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|Potters Bar||£35,000||£30,000 - £50,000||4|
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|London||£30,000||£30,000 - £30,000||10|
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