Who we are:
Apollo is a specialised independent (re)insurer, established in 2009, to deliver top-tier products and services to clients, brokers, and capital partners at Lloyd’s. The name "Apollo" was inspired by the achievements of one of its founding investors, Neil Armstrong, the first person to walk on the moon in 1969. Together with Jim Hays, Neil identified an opportunity to create a unique service provider within Lloyd’s.
Since its inception, Apollo has significantly broadened its portfolio of insurance solutions. This includes Apollo 1969’s traditional and specialty lines, ibott 1971’s innovative sharing economy products, and managing agency services at Lloyd’s through our Strategic Partner Syndicates. Today, Apollo continues to grow with team of over 270 professionals dedicated to fulfilling the company’s mission of enabling a resilient and sustainable world.
“We attract and retain a diverse range of talent by fostering an inclusive, equitable team environment where individuals from all backgrounds have opportunities to grow, succeed, and contribute. We empower our teams to achieve excellence and drive forward-thinking solutions, aiming to enable a resilient and sustainable world.” - David Ibeson, Group CEO
Your Role:
Ibott’s clients are tech-focused, data driven and growing exponentially. Ibott has also grown rapidly and is now becoming a mature, established business with expected plan premiums well in excess of $0.5Bn. Our actuaries are embedded with the underwriters and are instrumental in understanding clients’ needs and meeting these with future-proof insurance solutions. In this role, not only will you be working alongside Ibott underwriters having regular contact with brokers and clients, you will also have the opportunity to create the tools that the underwriters need to be self-sufficient as the business grows.
Data driven decision making is at the heart of what we do at Ibott so you can also expect to influence the overall strategic direction of Ibott and get involved in wider topics than in a more traditional role.
Should you wish, you’ll have the opportunity to travel internationally to engage with clients.
What you’ll do:
- Support underwriters and senior pricing actuaries in developing and maintaining suitable pricing models in accordance with Apollo’s Pricing Policy, including methodologies, ‘benchmark’ rates and loading requirements.
- Maintain strong working relationships with key stakeholders (underwriters, brokers, clients)
- Support underwriters in structuring and pricing complex deals for usage-based insurance contracts. This could include being involved in the negotiations with brokers and clients.
- Assist in the development of accurate, relevant and timely MI and management reporting for internal and regulatory purposes.
- Assist in ensuring that there is an effective feedback loop between actuarial, claims and underwriting on the business written as well as within the actuarial team to ensure relevant information is fed back to capital modelling and reserving actuaries.
- Carry out deep-dive profitability reviews, including preparation of the data and analysis of the profitability of business (sub)segments, as required and ensure the results of these analyses are used to drive business decision making and updates to pricing tools.
What we are looking for:
- Progress towards FIA qualifications, or equivalent
- Experience in the London Market or Lloyd’s
- Proven mathematical and analytical skills with great attention to detail
- Experience in applying statistical methods in case pricing and/or in developing and maintaining pricing tools
- Advanced skills with MS Excel and demonstrable programming experience.
- Partnering mentality with the ability to build strong working relationships with peers, underwriters and other business areas
- Experienced in communicating with a wide range of stakeholders and able to present technical information to a non-technical audience
- Demonstrable problem solving and creative skills
- Knowledge of current economic and professional technical trends and issues
- Skilled at working in a dynamic, fast-paced environment
- Adaptable to strategic business and market shifts
- Knowledge of Python or another programming language
- Ability to analyse and synthesise information from large volumes of data
- Familiarity with data visualisation tools: Power BI or equivalent
What you will get in return:
Our compensation package is designed to attract top talent. In addition to a fair and attractive salary, this role offers a discretionary bonus and a comprehensive range of benefits, including 31 days of annual leave, a non-contributory pension and private medical insurance.
Our Commitment to Inclusion:
Apollo is a growing and diverse team of empowered and passionate experts who focus on bringing innovation, data driven decision making and collaboration to every relationship and every risk. To meet the needs of a demanding global insurance market, we need a diverse workforce that truly understands the international communities we serve.
That is why we're focused on developing diverse talent at every level; inclusion and diversity means more to us than just chasing a target and we are committed to supporting and celebrating difference. Our people are at the heart of our business which is why we value the diversity of thought and talent of every member of our team.
We offer a range of support and run a programme of events and training that recognise the challenges and opportunities relating to diversity.
Hybrid & flexible working:
At Apollo, hybrid and flexible working is fully embraced and we do not see the benefit of presenteeism. We understand that no two colleagues are alike, and as such we support the ability to remain agile and achieve a home and work balance to best suit business and personal commitments.
Thank you!
To find out more about our values, ESG strategy and commitment to inclusion please click on the 'Life at Apollo' pack.
Top Skills
What We Do
Apollo was launched in 2009 to provide clients and brokers with an agile and entrepreneurial insurance partner. The Apollo name recognised the success of one of its founding investors, Neil Armstrong, who in 1969 was the first person to walk on the moon.
We are an innovative, integrated insurance group offering insurance products across property, casualty, marine, energy and transportation, specialty, reinsurance, and Smart Follow teams via Syndicate 1969. Through Syndicate 1971, ibott, we offer digital and embedded risk programmes, whilst our Strategic Partner Syndicates business supports new Lloyd’s entrants from initial concept to full managing agency services.
What makes us different?
Our wide range of products put us in a unique position where our entrepreneurial approach and service excellence delivers creative and flexible solutions for our clients and partners all in one place as we continue our exciting growth journey. Apollo is a great place to work with an inclusive culture where everyone is welcome, included, and can thrive. Our workplace is collaborative, supportive and innovative, and we strive to produce the best results possible, together. Opportunities exist to develop our employees’ key strengths and we are supported in ways that matter to each individual. In addition to generous employee benefits, flexible working is fully embraced and utilised. We understand that no one colleague is the same and that each of us has our own responsibilities and roles outside of our working life.
“We attract and retain the highest quality talent by developing a team atmosphere where opportunity exists for our employees and partners.” David Ibeson, Group CEO
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