Structured Risk Senior Actuary Structured Risk Senior Actuary …

Charles Levick
in London, England, United Kingdom
Permanent, Full time
Last application, 19 Aug 19
Charles Levick
in London, England, United Kingdom
Permanent, Full time
Last application, 19 Aug 19
Charles Levick
Structured Risk Senior Actuary A leading global risk and reinsurance specialist is seeking a Senior Actuary to join the Structured Risk team. This team acts as an actuarial and financial model consultant to clients, brokers, and markets by assessing reinsurance structures and monitoring industry developments, researching and responding to information requests, and providing timely and accurate service.

Key Responsibilities:

  • Lead the development and presentation of new, renewal, and prospect presentations to clients and reinsurers.
  • Produce structured solutions and alternatives as part of the program design efforts of the Structured Risk team.
  • Renew reinsurance programs, meeting with clients /reinsurers as needed to learn their needs and maintain strong relationships.
  • Design new programs for clients' needs, placing business with client-approved reinsurers.
  • Establish and maintain strong relationships with reinsurers, clients, and colleagues.
  • Maintain comprehensive knowledge of reinsurer capabilities and appetites.
  • Stay abreast of accounting, regulatory, and market developments / regulations that influence the supply and demand for structured (re)insurance solutions (e.g. Solvency II).
  • Maintain contemporary knowledge of industry loss and exposure trends that impact the supply and demand for structured (re)insurance solutions while also influencing the underlying analysis of the portfolios in question.
  • Model the probability distributions of the gross/ceded/net underwriting results of an insurance company client based on an actuarial analysis of frequency and severity focusing on a large losses.
  • Analyse how the distribution of results and relevant risk measures change as a result of application on various proposed reinsurance alternatives. Utilize cost/benefit analysis to advise brokers and clients "optimal" reinsurance programs based on risk tolerance level.

Experience and Qualifications:

  • Experience in actuary, reinsurance and/or consulting in the insurance industry
  • An actuarial qualification preferred
  • Strong technical expertise in reinsurance experience and exposure ratings, reserving, loss distributions, reinsurance terms and conditions, and simulation modelling; with data management, financial reinsurance, risk management, catastrophe modelling & DFA (Dynamic Financial Analysis) expertise desirable.
  • In-depth understanding of the product lines and the global and regional industry conditions to identify significant considerations that insurers should address in designing their programs.
  • Broad knowledge of world reinsurance markets to comprehend range of products necessary to address insurers financial
Company Overview

Charles Levick Limited are a leading global financial recruiter providing innovative solutions across Capital Markets, Financial and Professional Services organisations. Founded in 2008, Charles Levick is privately owned and operates from offices based within the City of London and New York.

A truly independent company with a global reach, we pride ourselves on delivering honest and intelligent guidance developing long term sustainable relationships. Our breadth of expertise and services allow us to deliver solutions across our sectors ranging from junior analyst through to C-Suite requisitions, all delivered with exceptional levels of attention to detail and service that have helped us to grow into the organisation we are today.

We have managed to build an enviable reputation partnering a diverse range of large and small organisations initially within London, but now globally, actively supporting clients across Europe, Asia and the US. With decades of experience, we have been able to develop a substantial knowledge of our markets as well as building loyal relationships with our clients and candidates.

Our business is devised of 5 core areas of specialisation:

  • Operations/Infrastructure
  • Compliance
  • Risk & Actuarial
  • Change, Transformation & Technology
  • Fintech