Actuarial Analyst

Job Description

We’re looking for an Actuarial Analyst

About Brit

At Brit, we believe that the uncertainty of the future should never stand in the way of progress. That’s why we exist. To help people and businesses face the future and thrive. We are change-makers enabled by a global workforce who collaborate to deliver a risk service. A team empowered to help our customers not only to survive the risks they face, but to stay on the front foot and keep moving forward. We believe the uncertainty of tomorrow isn’t something to fear but to seize; that it’s full of potential. Not only for our customers but our employees too.

We might write the future of risk for our brokers and clients, but we would love to help you write your future at Brit: a future based on not just progressing but on thriving – both professionally and emotionally. If you’re looking for a place to make a real difference read on.

What you’ll be doing

You’ll assist the Actuarial team providing insights into Property Treaty and Casualty lines of business

You'll support a range of activities including actuarial pricing, performance measurement, business planning, reserving, and insurance risk, while also contributing to other actuarial functions as required.

This position offers an excellent opportunity to develop technical skills, gain exposure to various lines of business, and work closely with underwriters, risk management, and claims teams.

You'll foster a strong partnership with underwriters to ensure that actuarial insights effectively support decision-making.

By assisting with technical pricing and reserving analysis, you'll help optimize performance while supporting the improvement, recalibration, and documentation of pricing models.

You'll also conduct segmentation analysis to highlight areas of outperformance and underperformance, which will inform and challenge underwriting decisions.

Additionally, you’ll contribute to business planning by assessing loss ratios and preparing the necessary documentation, while also engaging in divisional underwriting peer reviews to provide expert actuarial input.

In the reserving area, you'll support the half-yearly reserving exercise by assessing best estimate reserves and delivering class-specific submissions as required.

You’ll also provide input into Solvency II technical provisions work as necessary. Regarding insurance risk, you'll contribute to the internal model parameterisation of underwriting and reserving risk. In this capacity, you'll apply expert judgement, justify assumptions, maintain thorough audit trails, and support stakeholder communications.

We welcome everyone wholeheartedly

We’ve got a truly diverse, genuinely inclusive work environment. We comfortably and confidently bring our whole selves to work, because we know we’ll be respected, valued and accepted whoever we are. Our Employee Resource groups are safe spaces for people to share their experiences, aspirations and suggestions about how we do things.

Accessibility

We are located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 17, 18, and 39. All of our floors are accessible by lift, and there are building staff on hand to point you in the right direction.
The closest train / underground / DLR links are: Liverpool Street Station (7 mins), Bank Station (6 mins), Fenchurch Street Station (6 mins), Aldgate Station (7 mins).

The nearest bus stop is St Mary Axe (Stop LR or Z), which is located just outside the building.

If you have any other questions regarding accessibility, please ask.