The Impact Analytics team at Convex is part of our Portfolio Optimisation (PO) function and supports the underwriters across Insurance and Reinsurance with the analysis and pricing of risks.
This pricing actuary role, forms part of the senior team and reports directly to the Head of Impact Analytics. You will take leadership of pricing and portfolio management for all reinsurance lines with a particular focus on property (re)insurance and natural perils. Furthermore, you will work collaboratively with other reinsurance experts in PO, across pricing, planning, natural catastrophe analytics, ceded and capital, evolving our market leading tooling and analytics and progressing PO strategic goals. Active engagement and building strong relationships with underwriting will be key, resulting in increased transparency and confidence in analytics provided.
Key Responsibilities
Some of the key tasks may include:
- Net portfolio design for property insurance and all reinsurance lines.
- Nurture excellent relationships with underwriters, focused at providing superior service and reliable intelligence.
- Develop Convex views of major (modelled and non modelled) perils and resulting full loss ratio distributions while ensuring that these views are reflected consistently throughout the underwriting cycle.
- Leading and driving the design and vision of tooling for Property Reinsurance.
- Influence and contribute to PO strategic goals within Reinsurance through working collaboratively across PO.
- Provide leadership and mentorship within the Impact Analytics team with responsibility for managing two junior members.
- Proactively progress and influence ongoing projects within PO.
Skills Knowledge and Expertise
- Extensive actuarial pricing experience across treaty reinsurance lines, with a focus on natural peril exposed classes such as property treaty and property insurance.
- An opinion on tooling and how they can work in conjunction for the benefit of underwriting and portfolio analysis.
- Collaborative nature, which reflects itself in your ability to be able to share workload and foster open communication with your peers across Convex and the humility to recognise other people’s strengths and how they complement your skill set.
- Influencing skills, meaning you know how to detect your stakeholders’ needs and think about the right ways to provide support. You’ll understand underwriters’ priorities and how you can add value.
- Communicate with impact; you are a thoughtful and effective communicator with a diverse audience both face-to-face and in writing.
Benefits
- Competitive Salary
- 30 days Annual Leave
- Birthday Leave
- 10% Employer Pension Contribution
- Private Health Insurance Medical Cover
- Group Income Protection
- Life Assurance Cover
- Enhanced Parental Leave
- Annual Health Check
- 3 days of Volunteer Leave each year
- 10 days of help with care (elder/ childcare) through Bright Horizons
- £1,300 to spend on learning & wellbeing
- Give as You Earn
- Cycle to Work
- Season Ticket Loan
About Convex Insurance
In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.
We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.
We live our values in every facet of our business:
Earn our reputation
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Straightforward and fair
We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.
Determined to improve
However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.
Inspired by opportunity
We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.
Enjoy being different
We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.
