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Brit Insurance • London

Lead Actuary

Employment type:  Full time
8.5

/10

Transparency Ranking

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top 3 scores:
78%

Autonomy

70%

Hours flexibility

68%

Location flexibility

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Job Description

We’re looking for a Lead Actuary


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 ensure robust pricing models for each class, enhancing risk selection. You’ll play a leading role in using your deep product knowledge to support the recalibration of pricing models, engaging with stakeholders like the Actuarial Analytics department and underwriters. Monitoring pricing metrics, you’ll determine when updates are needed and collaborate with the Actuarial Analytics team to boost analytical capabilities and improve underwriting performance.

You’ll manage the actuarial enhanced risk review process, regularly review and challenge Technical Pricing MI, and drive performance monitoring through impactful presentations and updates. Your detailed segmentation analysis will identify areas of outperformance or underperformance, informing key underwriting decisions.

In reserving, you’ll oversee the quarterly reserving study, calculate best estimate reserves, and perform targeted reviews, presenting findings to senior management. You’ll support the Actuarial Function and Capital Modelling teams in parameterising the internal model for Underwriting and Reserving Risk.

You’ll also contribute to Group-wide projects, support strategic initiatives, and provide leadership within the Actuarial team. Your understanding of business processes and interaction with other departments will be crucial.

Accessibility

We’re located in the Leadenhall Building on Leadenhall Street (EC3V 4AB) and are situated on floors 16 – 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.

Company benefits

Shared parental leave
Enhanced paternity leave
Enhanced maternity leave
Adoption leave
Health insurance
Dental coverage
Non-contributory pension
Annual bonus
Share options
Life assurance
Cycle to work scheme
Faith rooms
Pregnancy loss leave
Fertility treatment leave
Carer’s leave
Open to job sharing
Open to part time work for some roles
Gym membership
Compassionate leave
Menstrual leave
Bank holiday swaps
Volunteer days
Employee assistance programme
Salary sacrifice
Charity donation scheme
L&D budget
Enhanced sick pay
Enhanced sick days
Mental health platform access
Travel loan

We asked employees of Brit Insurance what it's like to work there, and this is what they told us.

Location flexibility
68%
Employees are largely happy with their working location freedom
Hours flexibility
70%
Employees are largely happy with the flexibility in the hours they work
Benefits
67%
Employees are largely happy with the benefits their company offers
Work-life balance
65%
Employees feel that they can switch off quite easily from work
Role modelling
67%
Employees feel that most people work flexibly
Autonomy
78%
Employees feel that they can mostly manage how they get their own work done

Working at Brit Insurance

Company employees

Approximately 650

Gender diversity (male:female)

66:34

Office locations

London & Bermuda

Hiring Countries

Bermuda

India

United Kingdom

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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