Actuarial Analyst (Non-Life)

Admin — Thu, 24 Jul 2008 16:41:46 GMT

Position: Actuarial Analyst

Company: Insurance Organization

Location: England

Job ID: 14782

RESPONSIBILITIES:

-Suggest ways of improving and designing premium rate structures which meet strategic financial objectives at account level with Underwriting, Marketing and Distribution.
- Derive product profitability and the performance of Distribution to advise appropriate measures to meet strategic financial objectives at local level.
- Support the management and monitoring current and prior years’ technical claims reserves and loss ratios.
- Developing detailed spreadsheet models to consolidate actuarial information and providing analysis using the models to customers, the actuarial team and the business.
- Performing complex actuarial pricing and reserving calculations.
- Contributing to projects within the department to achieve defined business improvements.
- Contributing to the business by providing actuarial input and wider business understanding to business projects.
- Managing small project initiatives from research through to implementation.
- Presenting and explaining actuarial information from projects to stakeholders.
- Collecting, challenging and verifying data from financial systems and the business for use in financial planning and analysis.
- Working with colleagues to produce detailed projections for senior managers in the actuarial department.
- Providing programming and data extract support to Actuarial team.
- Contracting with key business contacts on delivery of key goals/tasks outlining timescales and appropriate review methods.
- Obtaining regular feedback on services provided to ensure continuous improvement and build feedback into improved processes.
- Ability to coach colleagues / new starters in relevant departmental processes.

QUALIFICATIONS:

- Good progress through Core Technical exams.
- Alternatively a financial/actuarial/general insurance professional qualification or demonstrating equivalent technical expertise and insurance knowledge to fulfill key accountabilities for the role.
- Ability to communicate and build relationships with others.
- Ability to grasp the significance and meaning of technical and complex issues.
- Good financial analysis and modeling skills.
- Basic product and corporate knowledge and understanding of regulatory framework.
- Advanced/Intermediate level knowledge of Word, Excel, Visual Basic, SAS and other actuarial tools.
- Ability to plan and organize own work.
- Problem-solving/process improvement experience.

Online Application available at www.jobs4actuary.com

For further information, email info@nasearchg.com and mention Position #14782, or contact any of our recruiters at (905)-477-2962.

ActuaryForum.com / Actuarial Corner / Actuary Classifieds / Actuarial Analyst (Non-Life) / Latest Posts

Actuarial Analyst (Non-Life)