JOB : Treaty Reinsurance Pricing Actuary 

Client: Global Specialty Syndicate 

Salary: up to $200,000

Location: Bermuda, Pembroke Parish

Key Requirements:

Experience with these lines of business: Marine, energy, composite and specialty (cyber, political risk + adhoc) and property.

>  Qualified Actuary

> Background working closely with Underwriters 

>  (8+ years) of experience and strong technical skill set.

> Pricing, Reserving and Reinsurance (Actuarial methodology experience)

> Open to relocation 

Senior Reserving Actuarial Analyst 

Salary: £80,000

Client: Global Specialty P&C Insurer  

Key Responsibilities

Reserving

• Support the quarterly reviews of premium, loss and expense reserves on specified lines of business, generally for the purposes of US GAAP reporting. This process includes the calculation of an actuarial central estimate and the incorporation of management’s best estimate. The focus of the role will be to complete the initial reserve analyses for specified lines for which the role has primary responsibility.
• Prepare quarterly reserve analysis presentations for business/underwriting management.
• Perform and present the results of ad-hoc portfolio analyses, as required.
• Support the communication of reserve review results, including presentation to executive management, group actuarial department and finance department.
• Proactively support the development and management of reserving databases, applications and systems (e.g. ResQ software).
• Support the Solvency II Technical Provisions quarterly calculation process, for French subsidiary and UK branch reporting, including analysis of change investigations.
• Possibility to support the annual reserve risk parameterisation process including analysing model results.
  
  

Planning/Pricing

• Support the loss ratio analysis for the business planning processes, in particular to ensure that the outputs and insight from the reserving process are appropriately reflected in planning exercises and in turn that the outputs from the planning exercises are accurately captured and reflected in the reserving process.
  
  

Reporting

• Support the reserving team’s management and statutory reporting requirements.
• Support external consultant’s and auditor’s independent analysis of reserve adequacy and reserving methods.
• Ensure reserve analyses and results communication are always carried out in line with the required control environment, for example Sarbanes Oxley regulation.
  
  

Compliance

• Maintain compliance with any relevant legislation, internal codes of conduct and professional requirements.
  
  

Other

• Contribute to the ongoing development of the reserving capability in both onshore and offshore teams.
• Be recognised as a problem solver.
• Be recognised as a successful communicator to non-actuarial colleagues.
• Operate as a member of the actuarial function, ideally as a student of a recognised actuarial professional body (e.g. Institute and Faculty of Actuaries, Institut des Actuaires or Casualty Actuarial Society).
  
  

Key Skills & Requirements

• Mathematics/Science-based degree or equivalent.
• Working towards qualification from a recognised actuarial professional body (e.g. Institute and Faculty of Actuaries, Institut des Actuaires or Casualty Actuarial Society) or be able to demonstrate a sufficient level of proven experience.

A background in non-life insurance retail or commercial reserving is preferred.

Business Intelligence Analyst

Paying up to £50,000

London – Hybrid

Join one our global leading firms providing insurance services and products. As a Business Analyst, you will aid the firm in its end to end user journeys and processes to be able to accurately and efficiently elicit, challenge, and document requirements, processes and scope.

Responsibilities:

• Work closely with the Product Manager to ensure that any user story is detailed, thorough and ready for development, owning the story from conception to final delivery of value.
• Aid stakeholders in understanding trade-offs and achieving consensus.
• Ensure alignment with Enterprise Architecture principles as well as any design principles and strategy decisions made within your product team or the platform ensuring guidance is sought if necessary.
• Proactively monitor and communicate industry, functional, and technology trends to stakeholders as well a coach them as to how best harness these to drive business value.
• Ensure that all relevant staff receive clear and frequent updates regarding business analytical tasks and progress as necessary.
• Work with business stakeholders to develop and prototype Power BI dashboards.
•  Work with your team-mates to mentor and share your business analysis expertise and in turn learn from them technical skills that will further enhance the service we provide to the business.
•  Participate in and contribute to Agile meetings throughout each development cycle
• Work closely with key stakeholders across the organisation to understand the data requirements and translate these in to value-adding data solutions
•  Ensure all requirements are fully documented as user-stories and proactively ensure that the wider team fully understands what is needed and can be translated into build activities.

Desirable:

• At least three years working with different business areas within the Lloyd’s market
• Data savvy and experience working with complex data sets
• Strong troubleshooting and problem solving skills
• Ability to extract data across databases, cloud storages, and separate files filled with unstructured data
• Excellent technical analysis skills and confident in working directly with a variety of business stakeholders at different levels in the organisation – from operations assistants through to executives.
• Strong knowledge of SQL, Power BI reporting, and Excel modeling
• Experience of working on a large-scale project/programme implementing software and process solutions

Lead Business Analyst

Paying up to £90,000

London – Hybrid

The purpose of the role is to lead the overall business analysis and requirements definition for the Sustainability Programme. There is a requirement for a holistic view of the Sustainability business analysis and for a structure to record and manage requirements.

Responsibilities:

• Researching business processes, creating reports with recommendations to management; identifying, understanding, developing and validating business needs
• Produce functional and non-functional requirements and supporting documentation
• Endorse business requirements with an emphasis on collaboration, delivery, and a focus on the tactical and/or strategic goals of the project and the business
• To review and identify opportunities to optimise current business capabilities and processes and drive efficiencies
• Take a lead role in the project throughout the full project lifecycle from definition of business needs through to solution fulfilling the defined requirements
• Support implementation and quality assurance activities to ensure solutions meet expectations and business requirements
• Analysing business structure to determine how it operates and determine its objectives
• Support the business throughout the project life cycle with emphasis on the testing phases
• Be an active advocate for change and bring your knowledge of best practise in business analysis to help progress the teams’ continual improvement
  
  

Desirable:

• 3-5 years’ London Market experience
• Experience of acquisition, integrations or business transfers
• Experience of Target Operating Model design/rollout; system implementations; general business change

INFRASTRUCTURE DELIVERY ENGINEER (AWS/AZURE)

Paying up to £90,000

London – Hybrid

This is an opportunity to join our global clients specialized in insurance and reinsurance services/products.

This role is ideal for the Senior Engineer with an Architectural skew and strong Cloud Infrastructure expertise; who has hands on technical ability and can bring their wealth of experience to board with evolving technologies.

Desirable:

• Extensive experience of supporting DevOps teams that covers design, development and operational support.
• Good communication style with other domain experts to support a single end to end delivery goal and coordination between technology teams.
• Experience of managing senior stakeholders.
• Desirable experience with AWS/Azure – Azure Ark, Citrix Service Nos, Jira.
• Familiar with Active Directory, VMware and virtualisation, and vRealize Automation product suite and Orchestrator to create blueprints and workflows.

Responsibilities:

• Everyday technical management of the IT infrastructure, including data centres, servers, storage both on premise and in the cloud.
• Work effectively across the IT teams, prioritising IT operations performance, service levels, incident management and problem resolution.
• Work within a team to create and support IAAS services in AWS and Azure Cloud
• Work closely with other teams across the wider IT department to automate manual processes.
• Maintenance and scripting in Powershell.

Senior Business Analyst

Paying up to £100,000

London – Hybrid

The ideal candidate will have excellent communication, facilitation, and documentation skills, be self-starting and independent in the delivery of assigned tasks and projects. The candidate needs to be able to bridge the gap between the business, BTS and key vendors for our clients in a rapidly changing environment.

• Desirable:
  Demonstrable Business analysis, systems analysis, and design experience.
• Experienced in analysing data to help confirm and drive requirement and solution analysis.
• Proven ability to deliver consistently high-quality results operating under Agile and Waterfall methodologies.
• Excellent documentation capabilities.
• Experience in defining and prioritizing business requirements and needs.
• Experience developing business cases.
• Experience in researching various solutions and carrying out solution options analysis.
• Proven team player possessing excellent verbal and written communication skills. Capable of operating in a geographically dispersed project environment included outsourced services/offshore development/QA teams.
• Creative ability to define solutions and alternatives that meet business needs.
• Excellent communications skills, both written and verbal.
• Strong detail-orientation.
• Evidence of ability of working in a dynamic, flexible environment.
• Able to facilitate meetings and workshops
• Strong presentation skills (articulate, comprehensive slides, good follow through)
• Good interpersonal skills (proactive behaviour, consulting attitude, integrative personality, etc.)
• Good organizational skills including ability to self-start own task assignments and to independently lead small projects.
• Solid end-to-end insurance domain knowledge
• Knowledge of Lloyd’s and Company systems and processes
• Proficiency with software systems commonly used to manage Programs/Projects (Azure Dev Ops, MS Word, Excel, MS Project, PowerPoint, Visio, JIRA etc)

Primary Duties:

• Develop working relationships with the business to understand current processes, systems, and data to identify opportunities for improvement.
• Work with colleagues in other BTS departments/Centres of Excellence to ensure change is successfully managed end-to-end.
• Assist and develop detailed business cases and requirement documentation for new systems and enhancements.
• Assess implementation activities and cost estimates in coordination with technology developers and solution architects.
• Evaluate solutions elsewhere in the company to assess fit and integration into the International business and technology environment.

Join one of our trusted Global specialty provider of insurance and reinsurance services.

Insurance Operations Manager

Salary: $90,000 - $110,000.00 

Miami, FL

As an Operations Manager, you will be required to aid in ensuring effective and sustainable operational processes.

Job Description

• Responsible for effective policy administration including monitoring SLA’s and providing reports on KPI’s / metrics regular
• Effectively managing Operations Technicians, including managing workload, ensuring adherence to SLA’s and accuracy levels, and setting objectives / supporting the development of the team
• Helping to assist with policy and claims administration tasks to ensure high service delivery standards, liaising with UW and key brokers and ensure the service meets expectations
• Responsible for the bordereaux production process and liaison with external carriers and brokers with regards to reporting and payments
• Co-ordinate binder management and other non-underwriting tasks such as quarterly market reporting
• Identify and lead on process improvements to drive cost efficiency
• Responsibility for data quality, running exceptions reports and driving accuracy across the business unit
• Be the SME (subject matter expert) on Miami business processes and coordinator for London Market training and audits
• Finding proactive approaches to ensure regulatory, tax, corporate and compliance requirements are met
• Liaising with the credit control and MI teams to ensure data corrections and correct websure data entry
• Support the Head of Operations in drafting board reports and providing data for key meetings

Desirable:

• Minimum of 5 years’ experience in the insurance industry
• Experience working with or within an MGA
• Strong understanding of financial processes, particularly credit control
• Proven track record of problem solving and driving efficiency within a business
• Excellent written and verbal communication skills
• Fluent in English, and preferably Spanish as well
• Experience of line management and driving the performance of a team

Join one of our trusted Global specialty provider of insurance and reinsurance services.

Program Underwriting Manager

Salary: $185,000 - $230,000

New York, NY - Hybrid

Program Underwriting Manager will be a “hands-on” referral underwriter and program leader with a history of success within a top-tier Commercial Insurance Carrier building and managing MGA-based Commercial Insurance Programs targeting a range of Industries and Affinities.

Desirable:

• A four-year degree from an accredited university is required
• Minimum of 5+ years P & C insurance experience required
• Direct experience in developing, implementing, and monitor Managing General Agents and Delegated Underwriting Authority partners
• Must possess the ability to negotiate contracts, develop comprehensive business plans and establish sales proposals
• Must possess knowledge of various functional areas within an insurance company and experience in interacting with these areas relative to support of the business
• Ability to work with data to analyze results, identify trends, and support decision making
• Team player with the ability to collaborate cross-functionally

For more information, get in touch via 07710044817 or dpitt@vallumassociates.com

Join one of our Global specialty provider of primary insurance services in the UK.

Underwriting and Oversight Manager - (Pricing) 

Paying up to £90,000

London - Hybrid 

As part of the Underwriting & Products Team you will work on the development, approval and monitoring of insurance products with a focus on the pricing and underwriting performance.

Desirable:

• Knowledge of Power BI (or other visualisation tools).

• Knowledge of R and Python.

• Experience in personal lines pricing roles.

Responsibilities:

• Manage the monitoring process for Great Lakes products.

• Challenge pricing models, product definitions, and data analytic techniques used during the product approval process for any new products distributed by the client.

• Challenge MI dashboards from departments to identify inadequate, alternative, or additional UW rating criteria and validate the estimation of the existing ratings for existing products.

• Provide feedback on the underwriting and pricing of business during the product review process.

• Ensure that our products meet regulatory requirements from a pricing and monitoring perspective.

• Develop close working relationships with stakeholders in our managing agents and business units responsible for pricing and agree working practices around pricing changes.

• Responsible for the Underwriting and Product Team data analysis and stakeholder engagement to achieve data management and insights.

• Provide reports on Underwriting and Product performance for senior management, and internal and external stakeholders.