Actuary – Reinsurance (Motor), London, UK
Employment Type: Full-time

About the Role:

We are seeking a skilled Actuary to join our London-based reinsurance team. This role will focus on Motor reinsurance, with a particular emphasis on Fleet, Commercial Package, and Agricultural Vehicles. The ideal candidate will have a strong understanding of the UK insurance market and work closely with underwriters to develop pricing strategies, assess risk, and provide analytical support.

Key Responsibilities:

• Develop and enhance actuarial models to support motor reinsurance pricing and risk assessment.
• Collaborate with underwriters to analyze and price risks across Fleet, Commercial Package, and Agricultural Vehicles.
• Provide data-driven insights to support underwriting decisions and portfolio management.
• Monitor market trends, claims data, and regulatory developments to refine pricing strategies.
• Conduct profitability analysis and loss forecasting for motor reinsurance portfolios.
• Communicate findings and recommendations to senior management, underwriters, and other stakeholders.

Key Requirements:

• Experience in Motor insurance/reinsurance actuarial work is essential.
• Knowledge of Fleet, Commercial Package, and Agricultural Vehicles is a strong advantage.
• Strong understanding of the UK insurance and reinsurance market.
• Proficiency in actuarial software and data analytics tools (e.g., R, Python, Excel, SQL).
• Excellent analytical, problem-solving, and communication skills.
• Ability to work closely with underwriters and cross-functional teams.
• Nearly or fully qualified actuary (IFoA or equivalent) preferred.

What We Offer:

• Competitive salary and benefits package.
• A dynamic and collaborative work environment.
• Opportunities for professional growth and development.
• The chance to work with experienced underwriters and industry leaders.

If you are an actuary with a passion for the motor reinsurance sector and want to contribute to a leading reinsurance company, we would love to hear from you. Apply now or reach out for a confidential discussion!