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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 work closely with the Head of Actuarial Analytics - Risk to develop, enhance, and recalibrate our cutting-edge pricing tools.

As the go-to expert, you’ll serve as a key contact across various functions, ensuring our pricing processes and platforms are top-notch.

You’ll support the development and fine-tuning of pricing algorithms across all classes, collaborating with underwriting and actuarial SMEs to gather valuable input and feedback. Communicating key findings and recommendations from pricing reviews to stakeholders, you’ll highlight any uncertainties and limitations. You’ll conduct thorough reviews, challenges, and documentation of all analytical work within the rating model hub.

Working with underwriting and actuarial teams, you’ll ensure models are effective and add value to the risk selection process, while co-managing the pricing governance process.

Partnering with group functions, you’ll deploy models into various pricing software platforms, with guidance from the Head of Actuarial Analytics - Risk.

You’ll explore ways to enhance pricing analyses and support implementation alongside other teams.

Additionally, you’ll assist the Actuarial analytical engineering team in creating tools that boost the efficiency and value of the pricing model review process.

Beyond Pricing:

You’ll represent the Actuarial team in the Group’s strategic initiatives related to pricing.

Supporting the Head of Actuarial Analytics in various projects as needed, you’ll gain a detailed understanding of each line of business within the relevant units.

You’ll also manage and mentor actuarial analysts.


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’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

Currently Hiring Countries

Bermuda

United Kingdom

Office Locations

Awards & Achievements

Finance & Insurance

Finance & Insurance

Industry awards 2023

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