Actuarial Analyst - Analytics

• Underwriting Analytics: Support the delivery of impactful analytics to the underwriting teams. Develop and enhance line of business specific analysis, tools and insights to support and enhance their strategy and decision making, including portfolio monitoring and optimisation, segmentation and trend analysis, tracking exposure and technical price adequacy, and profitability studies
• Claims Analytics: Provide support to the underwriting teams, business managers and claims teams as required within the reserving process. Develop tools to better understand new and ongoing trends in the claims environment, allowing us to more quickly identify drivers of losses and respond with effective underwriting action
• Portfolio Analytics: Support the business planning process and create tools to better understand cross-class performance and market insights, enhancing growth and profitability and giving insights to better manage capital
• Innovation: Work with stakeholders from across the business to explore new ways to drive profitability. This includes conducting exploratory data analysis, trialling new solutions and building pricing models using actuarial and/or data science based methods
• Work with the data organisation, underwriters and claims managers to ensure that data requirements are communicated and delivered, such that analysis can be completed seamlessly without creation of silos, rework and multiple versions of the truth. Be proactive in ensuring that the necessary data is captured from underwriting and claims to enhance future modelling capabilities
• Identify opportunities and deliver improvements in both Analytics and wider business processes & methodologies
• Build and maintain constructive working arrangements with those groups identified as being key to your role
• Operate as an effective team member by supporting colleagues and contributing to the delivery and achievement of overall team and business objectives
• Keep abreast of industry best practice, new initiatives, and changes in regulatory requirements
• Undertake applicable professional, technical and career development training (delivered internally and externally)
• this includes maintaining actuarial PPD
• Comply with Beazley procedures, policies and regulations including the code of conduct
• Undertake training on Beazley policies and procedures
• Display business ethics that uphold the interests of all our customers
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the Culture & People or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system

• University degree in Mathematics or related field
• Actuarial experience gained within the insurance industry
• Understanding of actuarial / statistical techniques
• Coding experience with R / Python
• Progress towards actuarial qualification (or desire to do so)
• Competent user of MS Excel, VBA, SQL, R, Python, Power BI
• Strong analytical skills with attention to detail
• accurate and numerate
• Able to communicate effectively both verbally and in writing
• Team worker as well as able to work on own initiative
• Ability to manage time, work on a number of tasks in parallel, meet deadlines and prioritise
• Lateral and creative thinker, demonstrating independent problem solving
• Interest in modelling and data science
• General commercial and financial knowledge
• Actuarial experience in insurance industry
• Lloyd’s market knowledge desirable
• Outcome focussed, self-motivated, flexible and enthusiastic
• Professional approach to successfully interact with team members and stakeholders
• Excellent communication skills
• Value focussed
• Analytical
• Using initiative
• Independent problem solving
• Having integrity
• Taking responsibility
• Being reliable
• Attention to detail

Lloyd’s market knowledge desirable

• Attractive base compensation and discretionary performance related annual bonus
• Private medical insurance coverage for both you and your dependents
• Company paid life assurance and long term disability insurance
• Pension with 10% employer contribution, plus a further matched contribution up to 2.5%
• 25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year.
• Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
• Up to £550 reimbursement towards home office setup
• Free in-office lunch and monthly lifestyle allowance
• Monthly travel allowance or annual season ticket
• The opportunity to save for, and purchase, shares of Beazley stock
• Six months fully paid parental leave, regardless of how you come to parenthood
• Company paid sabbatical up to 12 weeks after 10 years of continued service
• Support with exam/study leave and fees for relevant qualifications related to furthering education
• Smart working policy and flexible working culture
• Internal Pathways (helping you grow into an underwriting role)
• iLearn (our own learning & development platform)
• LinkedIn Learning
• Mentorship program
• External qualification sponsorship
• Continuing education and tuition reimbursement
• Secondment assignments