Senior Actuary (UK)

Accelerant
Published
June 25, 2024
Location
Anywhere, United Kingdom
Category
Actuary  
Job Type

Description

As a Senior Actuary at Accelerant, you will join the UK/EU Actuarial Pricing Team, dedicated to ensuring the profitability of the MGAs we work with and providing meaningful data-driven insights. You will evaluate new MGA opportunities, as well as provide actuarial support for a panel of current MGA Members. You will work closely with the Underwriting, Distribution, Claims, and Technology teams. The ideal candidate is a highly skilled actuary who is passionate about working with data, technically proficient, curious about understanding new insurance products (predominantly P&C and Professional lines), and a clear communicator.

We are a fully remote company. If you want to work with smart and talented coworkers who will challenge and support you in a fast-paced environment, then this might be the opportunity for you!

How you will spend your time

  • Evaluate and price new MGA opportunities to ensure profitability targets will be achieved. Develop rate level and rating algorithm changes needed to achieve profitability.
  • Work closely with a panel of existing Member MGAs to ensure continued profitability and address any actuarial support needed.
  • Think creatively about how the actuarial function can better serve our Member MGAs at scale.
  • Stay abreast of industry trends, regulatory changes, and emerging risks, providing proactive recommendations.
  • Build relationships internally and collaborate effectively across Underwriting, Distribution, Claims, and Technology teams.

You will be successful if you have

  • Associate/Fellow IFOA.
  • 5-10 years P&C actuarial experience; commercial lines pricing experience is preferable but personal lines backgrounds will be considered.
  • Exposure to a wide variety of P&C commercial lines insurance products.
  • Strong analytical and modelling skills, with proficiency in industry-standard software (e.g., Python, R, Excel).
  • Communicate and collaborate well with both technical and non-technical audiences.
  • An eagerness to learn and collaborate with others, learn quickly, and work with little supervision.

You will thrive if you are

  • A self-motivated, results-driven individual with a passion for insurance, data modelling, and analytics.
  • An agent for positive change.
  • A problem solver that enjoys challenges.
  • Great at working with others to teach, share, and grow as part of a team.

Enjoy our comprehensive benefits package designed to meet your diverse needs and support your well-being

  • Work-life balance: We believe that taking time to rest and recharge makes us all better. That’s why we offer flexible time off and encourage our team to take the time they need to prioritize their health and well-being.
  • Health and wellness: We offer high-quality health, dental, and other benefits to ensure our team members have access to the care they need.
  • Remote work: Work where you’re most productive and fulfilled. This position is open to remote candidates across the UK.
  • Travel: We value face-to-face connections and believe that in-person interactions can enhance collaboration and build stronger relationships. Travel could be a small part of your role, with opportunities to connect with your team and our members in-person.


About Our Company

Accelerant is a data-driven, technology-fuelled insurance platform that empowers underwriters to serve their insureds more effectively. We are using advanced data intelligence tools to rebuild the way that underwriters share and exchange risk. With a current focus on the small and medium-sized businesses that power our global economy and their niche insurance needs, we align incentives to improve outcomes for everyone. Our full-service risk exchange supports our carefully selected, best-in-class network of underwriting teams. We leverage granular information on each policy to deliver unprecedented insight into insurance pools, and our specialty portfolio is fully diversified with very low catastrophe, aggregation, or systemic risk. We are proud to have been awarded an AM Best A- (Excellent) rating. For more information, please visit www.accelins.com.

To apply, please send your resume to [email protected].