Convex is looking to hire an inquisitive PO/Actuarial graduate to support the team in achieving its purpose which is to help improve risk-based decision making of the Underwriting teams and thereby influence the successful delivery of the underwriting business plan.
We do this by performing Reserving studies and feeding insights from those studies into the business but also by shaping and influencing the day-to-day activities of Underwriters, Portfolio Optimisation, Claims, Pricing, Finance, Exposure Management & Stochastic Modelling.
Our PO/Actuarial graduates have a top-tier aptitude for numbers, a desire to complete the actuarial exams (which we offe
Key Responsibilities
The successful candidate will have a varied role and will include a variety of tasks working with members of the team to support:
· Reserving activities for major events and US GAAP
· Compliance with Solvency II including calculation of Technical Provisions and the Standard Formula, as well as the Actuarial Function Reports
· Partnering with the business on key strategic projects
· Analysing external data
· Developing the technical functionality (modelling method and calibrations) of the Stochastic Model
· Setting technical functionality, methods and parameters of the Pricing models
· Demonstrating the adequacy of the outwards RI programme.
Benefits
• 30 days’ Annual Leave
• Annual Bonus Eligibility
• Birthday Leave
• 10% Employer Pension Contribution
• Private Health Insurance Medical Cover
• Life Assurance Cover
• Annual Health Check
• 3 days of Volunteer Leave each year
• 10 days of help with care (elder/ childcare) through Bright Horizons
• Give as You Earn
• Cycle to Work
• Season Ticket Loan
• Full support with Professional Development Qualifications
• £1,300 Learning & Wellbeing Wallet
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
Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.
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.