Job Description

Key duties & responsibilities

• Work with the Casualty Reinsurance team to provide pricing and deal-analysis support, including pricing-model development and individual case pricing support in line with best-practice actuarial techniques.
• Provide support for account performance monitoring, managing the tracking of cash / premium flows, claims and other relevant data.
• Production and update of policies, technical procedures and methodology documents owned by the actuarial function appropriate to models created and maintained.
• Lead regular and annual validation of models, including ongoing testing, and validation of model changes and appropriateness of techniques and parameters.
• Provide actuarial support to the wider objectives of the underwriting teams including input on reserving and capital modelling as required.
• Provide actuarial support for other Ascot Group areas as required

Minimum qualifications, skills & experience

• Bachelor’s degree in Mathematics, Actuarial Science, or another relevant numerate subject.
• ACAS, FCAS, ASA, FSA, AIA or FIA, or equivalent actuarial designation.
• Minimum of 5 years of actuarial pricing experience within re/insurance, with significant experience and understanding of model development and validation within Casualty Reinsurance.
• High level of proficiency in Microsoft Excel, VBA programming and Power BI.
• Comfort with databases and proficiency in SQL.
• Proven organizational and project management skills.
• Excellent written and oral communication skills.
• An intrinsic drive to continually improve processes and product lines, develop innovative solutions, support business growth and work in a fast-paced, collaborative and dynamic environment.

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