At Allied World we have over 1,600 talented and loyal employees working in 25 offices globally who service clients throughout the world. We are focused on providing superior customer service and creative risk solutions, building long-term, mutually beneficial relationships. Our employees share our passion for progress and success, and we are looking for talented committed people to join our team.
As a subsidiary of Fairfax Financial Holdings Ltd. and a Lloyds syndicate, we are situated in the heart of the London insurance market and benefit from a wealth of experience setting us apart from our competitors on the cutting edge of innovation.
Based in the Walkie Talkie building at 20 Fenchurch Street, our office is based on the 19th floor, providing fantastic views across London. With just under 200 employees in London we pride ourselves on our warm and welcoming culture, with regular learning opportunities and support to achieve your career goals.
Allied World Assurance Company, Ltd. seeks an individual to fill the position of Senior Actuarial Pricing Analyst. The successful candidate will be expected to provide actuarial support on individual account pricing and project work for all underwriting departments across Europe, with the position being located in Allied World’s London office.
Responsibilities Include:
- Support actuarial pricing reviews across all lines of insurance under moderate supervision
- Lines of business written from the European offices and through Lloyd’s include property, casualty, professional lines, medical malpractice, marine and onshore construction
- Research and update various pricing parameters used within our pricing models such as increased limits factors, loss trend factors, underlying loss costs per unit of exposure, etc.
- Perform annual portfolio reviews across all class of business written through Europe, Asia and the Lloyd’s Syndicate
- Work closely with underwriters on individual account pricing and to improve usability and accuracy of the pricing models
- Help build and maintain pricing models in Excel and Rulebook
- Any other duties as assigned by manager
Education, Skills and Experience:
- The successful applicant will preferably have the following:
- 3 – 5 years of experience as an actuary, preferably London Market Pricing insurance or reinsurance
- Partly to nearly/newly qualified as a Fellow for the IFoA or of another well-established actuarial organisation
- Bachelor’s degree in mathematics, statistics or related field
- Proficient with Excel
- Experience using Rulebook, SAS, R, VBA and GLM modeling would be beneficial
- Strong analytical and communication skills
- Ability to learn quickly
- Strong ethics and integrity
Allied World is an Equal Opportunities Employer. All qualified applicants will be considered for employment without regard to an individual’s race, colour, national origin, religion, sex, age, genetic information, or disability status.