Actuary

MAIN PURPOSE OF ROLE:
To operate as a member of the Actuarial team providing actuarial modelling and analysis and other analytical capabilities to Pool Re and wider Pool Re teams where necessary.

KEY RESPONSIBILITIES:
• Contribute to Pool Re's goal of becoming the authoritative expert on terrorism modelling and awareness
• Support model development within Tyche & Python frameworks
• Improve detail and parametersation of key threats to Pool Re and its members, liaising with counter terrorism specialists or subject specialists as required
• Support treaty pricing through the development and maintenance of models within Tyche & Python frameworks
• Maintain and enhance VBA-based tools, including the data collection tools, to improve efficiency and robustness
• Liaise with members and actuaries where required
• Use SQL to provide parameter and threat output storage; or to produce separate reports for management
• Contribute to a fully documented set of processes and procedures to meet governance requirements
• Provide Validation & Governance support, and sensitivity analyses of pricing model
• Provide analytical capabilities to assist U/W Team, PReS (consultancy) and Exposure Team where necessary; and to build relationships within these team
• Provide reconciliation checks between legacy and newly developed systems; and assist with robust version control and model changes
• Ensure all Actuarial (IFoA) Technical Guidance and Requirements and complied with including Peer review
• Apply statistical methods where appropriate to summarise risk representations

ROLE REQUIREMENTS: (Include Essential and Desirable Skills, Competencies, Experience and Qualifications
SKILLS/COMPETENCIES:
Essential
• Strong actuarial modelling and analytical skills
• Good communication skills
• Strong Excel and VBA skills
• Ability to learn and apply new coding languages and modelling tools, including Python and Tyche.Strong attention to detail and documentation discipline
• Ability to explain technical outputs to non-technical stakeholders

Desirable
• Experience working within a reinsurance environment
• Understanding the drivers within Natural Catastrophe models would be advantageous
• SQL knowledge of creating databases and writing code
• Knowledge of Goit development environments
• Geocoding experience eg QGIS

QUALIFICATIONS:
• FIA, Degree

EXPERIENCE:
• Post-qualified actuarial experience, ideally gained within general insurance, reinsurance, pricing, capital modelling or exposure/risk modelling