4 jobs found

Overview About us IQUW is a speciality (re)insurer at Lloyd's (Syndicate 1856) underwriting a diverse range of Property, Commercial and Speciality (re)insurance products from Cargo and Marine to Political Violence, Terror and War. We combine data, intelligent automation and human expertise to make smart decisions, fast. ERS is the UK's largest specialist motor insurer with an A+ rating. We recognise that for some, motor insurance is more than just a must-have; it's a way of taking care of what stands at the heart of their passion or livelihood. For those people, standard insurance isn't enough. That's why we work exclusively with motor insurance brokers to help get under the skin of the most difficult insurance risks, helping build products to meet their customer's needs. The role Responsible for maintaining and running parts of the IQUW capital model to meet regulatory and internal stakeholder requirements. Assist the Managing Agency Head of Capital in providing support to the Board and senior management in matters relating to capital requirements and business uses for the capital model. Maintain the data sets and processes necessary to operate the model. We are looking for a collaborative, determined, and agile candidate to maintain and adapt the internal model and underlying processes to reflect the rapidly changing risk profile of the company. We currently operate a hybrid working model. This entails 3 days per week collaborating with colleagues in the office, and 2 days working from home. Key responsibilities Support the Capital Modelling Team to maintain and update the internal model to meet Lloyd's capital requirements and business needs. Work with the business to update model calibration. Build and develop process improvements to streamline inputs, model processes and output reporting. Update data and parameters in the internal model, run the model and sense check outputs. Develop the internal model to meet the changing needs of the business and of Lloyd's. Contribute to solving problems arising from running and changing the model and assume key responsibility in testing the model, including being able to make model code changes. Fulfil documentation requirements of the internal model. Meet Lloyd's submission requirements and deadlines. Support business uses of the capital model. Support the validation process as necessary. Qualifications, skills and experience Actuarial skills at the level of an FIA qualified UK actuary. Strong IT skills, knowledge of Tyche strongly preferred. Capital modelling experience and knowledge, including both Lloyd's and Solvency II requirements. Knowledge of general insurance, including property and specialty lines of business. Strong communication skills. Benefits Competitive Benchmarked Salary 25 days holiday Discretionary bonus scheme Employee assistance programme Annual holiday buy (up to 3 extra days) Salary sacrifice benefits Annual benefits reviews The option for professional qualifications and study support

At Antares, our success starts with our people. We're a collaborative and an inclusive organisation where every voice is valued, and every individual can grow and thrive. We combine deep expertise with a supportive culture to deliver outstanding results for our clients and a fulfilling experience for our colleagues.Whatever stage of your career you'll find a place to belong, contribute, develop and we'd love to hear from you. Key Accountabilities: Take overall responsibility for the development of pricing and rating tools Develop strategic relationships with key underwriting function heads to not only make use of technical pricing in decision making, but influence overall underwriting strategy Ensure pricing controls and systems of governance, quality and qualify of pricing data capture are fit for purpose for all case pricing carried out by actuarial team. Actuarial Peer-Review Influence and engage with wider stakeholders outside of actuarial pricing Dictate specific training and development requirements in Actuarial students in pricing techniques. Team Management Provide clear direction, goals, targets and constructive feedback for team members Amalgamate personal objectives of team members with those of the company Foster collaboration within and across teams Drive culture through open communication and demonstrated leadership behaviour Develop and implement the annual performance review process including objective development and development plans for team members Support team in identifying and addressing performance gaps, career aspirations and strategies for retention of key talent undefined Takes responsibility for own and colleagues' Health & Safety at all times To ensure customers are treated fairly at all times, in accordance with the Conduct Risk Policy and other relevant policies and procedures. To be aware and adhere to all obligations under GDPR, ensuring that the business complies with these requirements. To avoid breaches and to report them to the Data Protection Officer when they occur regardless of whether electronic or on paper. Team Member compliance with regulatory activities and company policies and procedures Knowledge & Qualifications 2:1 in a numerate degree Qualified actuary in the UK, US or Europe Skills & Demonstrable Experience Qualified actuary in the UK, US or Europe Communication / Management Skills: Works well as part of a high performing team, providing support and coaching as well as able to work on own initiative Good soft skills, seeking to continue to develop and improve capability of self and other team members. Manage relationships with senior management e.g. CUOs, head of underwriting functions and head of claims functions Pro-active, takes the initiative and adopts a positive approach to challenges seeking to make improvements. Ability to organise the team's workloads manage time, meet deadlines and prioritise Diligent, has drive to resolve issues Ability to identify areas for improvement and develop solutions to facilitate said improvements Strong written and verbal communication with range of stakeholders Technical Actuarial / Statistical Skills General commercial and financial knowledge Strong analytical skills with attention to detail; accurate and numerate Knowledge of actuarial techniques for pricing primary, risk & aggregate excess of loss insurance Knowledge of actuarial techniques for pricing proportional and excess of loss reinsurance products Familiarity of simulation techniques used for pricing loss sensitive product features Familiarity with jargon and practices in London Market and UK Commercial Lines Insurance and Reinsurance An understanding of actuarial techniques used in reserving property and casualty insurance and treaty reinsurance Strong written and verbal communication with range of stakeholders A strong understanding on how pricing work is used by non-pricing actuaries, underwriters and management. Software / Programming Skills: Strong written and verbal communication with range of stakeholders Experience in using a programming language e.g. VBA, R, Python or SQL (very desirable)Education required for this role:At Antares, we empower our talented team members through active involvement and collaboration, driving strategic and business goals whilst delivering exceptional services to our customers and partners.Our unique organisational structure fosters unparalleled sharing of information, knowledge and expertise, creating a vibrant and innovative working environment.Our culture of excellence is fuelled by continuous learning and development opportunities across all areas of our international operations. We believe in nurturing your potential and helping you grow with us. Empowerment: Be a part of decision-making processes that shape our future. Collaboration: Work with a diverse team of experts who share their knowledge and insights. Growth: Access to continuous learning and development programs to enhance your skills. Innovation: Thrive in an environment that encourages creativity and forward-thinking.Join us and be a part of a team that values your contributions and supports your professional journey. Together, we can achieve greatness!