Actuarial Analyst

Posted 3 Days Ago
Be an Early Applicant
Fenchurch Street, London, Greater London, England
Entry level
Insurance
The Role
The Actuarial Analyst will assist in drafting results for various business lines, data analysis, loss ratio selections, and writing reserve reports. The role involves supporting the Reserving Team with queries, reporting on Solvency II Technical Provisions, and providing management information reports. A focus on improving the reserving process and collaboration with external auditors is also required.
Summary Generated by Built In

Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.
Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Roles and Responsibilities

  • Assist with drafting the results for agreed lines of business across all Starr Entities, encompassing data analysis, ultimate loss ratio selections, and writing reserve reports.
  • Assist with loss ratio analysis underpinning the business planning process.
  • Assist the Reserving Team with ad-hoc queries and analyses.
  • Commitment to ongoing improvement of the reserving process within the Company with particular focus on efficiencies and improvement to Actuarial MI. This includes both Power BI and excel based reporting.
  • Assist in the calculation of and reporting on the Solvency II Technical Provisions including analysis of change in Technical Provisions and Own Funds, writing Actuarial Function Reports
  • Assist with the development and delivery of management information for senior management including monthly Actual versus Expected reports.
  • Support the Capital Team in Solvency II Standard Formula SCR calculations across all Starr Entities.
  • Support the Capital Team with the increasing demand from the business in respect of Return on Equity calculations
  • Support Reserving team with the independent external actuaries and external auditors in providing their annual analysis of reserves.

Experience

  • Experience in General Insurance ideally within Reserving;
  • Currently studying towards the actuarial qualification or looking to do so.

Skills

  • Strong communication skills required;
  • Proactively take on and manage own projects independently and delivery within required timeframes;
  • Analytical and problem solving skills;
  • Negotiation, judgment and decision making ability;
  • Advanced numeracy;
  • Coding skills (R, Python, SQL) are desirable but not essential

Systems & IT

  • MS Office - Excel, Word and Outlook;
  • Microsoft Power BI;
  • Dynamo Psicle (experience not essential)

Qualifications

  • Good numerate degree (2.1 or above).

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic. We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees. We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Top Skills

Python
R
SQL
The Company
HQ: New York, New York
2,935 Employees
On-site Workplace
Year Founded: 1919

What We Do

Starr Insurance is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world.

Cornelius Vander Starr established his first insurance company in Shanghai, China in 1919. Today, we are one of the world’s fastest growing insurance organizations, capable of writing in 128 countries on 6 continents.

Starr has the global knowledge, vision and relationships to help your company succeed, anywhere you do business.

Similar Jobs

Capita Logo Capita

Actuarial Analyst

Information Technology • Consulting
Basted, Tonbridge and Malling, Kent, England, GBR
24265 Employees

Capita Logo Capita

Senior Actuarial Analyst - Life

Information Technology • Consulting
Basted, Tonbridge and Malling, Kent, England, GBR
24265 Employees

Marsh McLennan Logo Marsh McLennan

Oliver Wyman - Actuarial Analyst (2025) - US Life

Fintech • HR Tech • Insurance • Consulting
8 Locations
78000 Employees
66K-90K Annually
London, England, GBR
11699 Employees

Similar Companies Hiring

Flume Health Thumbnail
Software • Insurance • Healthtech
US
22 Employees
Spark Advisors Thumbnail
Software • Sales • Other • Insurance • Healthtech
New York, NY
73 Employees
MassMutual India Thumbnail
Insurance • Information Technology • Fintech • Financial Services • Big Data
Hyderabad, Telangana

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account