Actuarial Manager

Posted 25 Days Ago
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London, Greater London, England
Senior level
Insurance
The Role
The Actuarial Manager will support the Actuarial Team in quarterly profitability reviews, pricing strategies, and developing pricing models. The role involves analyzing data for profitability and serving as a key contact for underwriting teams, with evolving responsibilities related to different classes of business.
Summary Generated by Built In

Helping you do more

DUAL is a different kind of MGA and has been since day one in 1998. We’ve built our business on the idea that when industry expertise, intelligent underwriting and an entrepreneurial mindset come together, insurance can help our partners thrive. Today that philosophy is as relevant as ever. Our intermediary and carrier partners around the world rely on our underwriting teams to take initiative, lean into the challenges of an increasingly complex world, and respond to our clients’ emerging needs.

A career that grows with you

DUAL is a place where you can bring your whole self to work – a people-first company that helps you be the best you can be.

 

To support the Actuarial Team in providing in-house actuarial services, including involvement in the following areas as required:

  • Quarterly “Reserving”/profitability review process – assessing profitability of business lines, identifying areas of underwriting concern, review of effectiveness of corrective actions and projecting profit commission receipts.
  • Review of individual lines and investigation of pricing strategies.
  • Development and maintenance of MI and rate monitoring.
  • Support in the development and maintenance of pricing models, including calibration of rating factors in response to experience
  • Analysis of pricing model data and feedback into profitability reviews
  • Input to business planning process

To be the key point of contact for the relevant Underwriting teams.

Please note that the classes of business managed by this role are yet to be defined, to incorporate the candidate’s experience and preference. We expect the segmentation of the DUAL portfolio to be fluid as the business evolves over time and therefore so will the Actuarial Manager’s exposure to different classes of business.

DUAL is where ambitious people thrive

There’s an independent spirit and an entrepreneurial feel that run throughout the business. You’ll have greater freedom to use your talents to help clients and colleagues do more. We believe that’s fundamental to realising our vision to be the world’s best underwriting business.

Working here is rewarding

As well as job satisfaction and a stimulating culture, working at DUAL comes with all the benefits you’d expect from a global business – and some you wouldn’t.

— Family-first policies that support you through all of life’s milestones

— Health and wellbeing benefits including private medical insurance and more

— Critical illness and life insurance cover to give you extra financial security

— A choice of rewards for every five years of service, including shares

— Volunteer leave so you can make a difference outside of work too

Reasonable adjustments

At DUAL, we're committed to providing reasonable accommodations to make sure our positions align with our people’s needs. For example, we can always make adjustments to your office set-up – your software, hardware, desk and so on. We may also be able to offer flexible hours or hybrid working depending on your role and location. If you're excited about this position but have doubts as to how ‘workable’ it is for you, please send us your application. If your profile fits the criteria, we’ll be happy to chat about any reasonable accommodations you may need.

The power to change our world

As a business, DUAL is about taking action. It’s fundamental to our entrepreneurial spirit, and it doesn’t just apply during office hours. It relates to the communities we move in and the world we live in. That’s why we constantly strive to be a force for good.

Permanent

Top Skills

Actuarial
The Company
Minneapolis, Minnesota
658 Employees
On-site Workplace
Year Founded: 2008

What We Do

The global reinsurance broker and risk, capital, and strategic advisor focused on relentless innovation and superior analytics for top client service. Part of Howden

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