To play a leading role within the Actuarial team providing expert advice to the business on Pricing.

Main activities and tasks

  • Lead the dialogue with the business on technical pricing of the Household books, and provide additional support as needed on the pricing of Financial and Specialist Risk business.
  • Help to lead and develop a team of pricing analysts.
  • Develop and maintain an in-depth knowledge of pricing techniques appropriate for the UK General business lines.
  • Maintain an in-depth knowledge and understanding of the UK General products and the systems pertaining to UK General.
  • Provide analysis of data sufficient to spot and identify trends and anomalies in order to provide performance / efficiency recommendations.
  • Develop and maintain actuarial models to price existing lines to meet profitability and return on capital targets.
  • Develop and maintain a suite of management information reports for the UK General businesses.
  • Develop reports and MI systems to support the reinsurance programmes of the internal and external insurers.
  • Working closely with other key areas such as Finance, Claims, Products and Underwriting to ensure that all areas become aware of developments with reserving/pricing and are able to incorporate any findings in a timely fashion.
  • Work with IT professionals in the ongoing development of MI reporting systems.
  • Provide ad-hoc analysis of data as required. 

Required skills and experience

  • Financial/general insurance environment experience essential with knowledge of both personal and commercial lines.
  • Detailed knowledge of MI software or systems e.g. MS Excel and VBA, Access and SQL.
  • Demonstrate commercial awareness.
  • Innovative approach to work.
  • Excellent communication skills with the ability to communicate complex matters both verbally and through written reports.
  • Evidence of coaching and developing junior analysts.
  • Ability to handle multiple projects, working effectively both within a team and independently.
  • Ability to plan, lead and execute complex projects.
  • Ability to work with initiative, enthusiasm and flexibility.
  • Ability to work under pressure, meet deadlines and prioritise workloads.
  • Analytical ability to break down complex problems with excellent problem solving skills
  • Continuous Improvement
  • Team Work
  • Communication
  • Customer Focus
  • Achievement focus

Required education and qualifications

  • Professional qualifications:  Level of a qualified or near qualified actuary (All CT and CA exams)
  • Candidates “qualified by experience” will also be considered. (4/5 years in a relevant role)

Reporting to

Head of Actuarial

Closing date

31 Aug 2018

How to apply

To apply for this vacancy please email your CV and covering letter to careers@ukgeneral.co.uk

Alternatively, post your application to:

UK General Insurance Limited
Cast House, Old Mill Business Park
Gibraltar Island Road
Leeds LS10 1RJ