Who we are:
Apollo is a specialised independent (re)insurer, established in 2009, to deliver top-tier products and services to clients, brokers, and capital partners at Lloyd’s. The name "Apollo" was inspired by the achievements of one of its founding investors, Neil Armstrong, the first person to walk on the moon in 1969. Together with Jim Hays, Neil identified an opportunity to create a unique service provider within Lloyd’s.
Since its inception as Apollo Syndicate 1969, the company has expanded its range of insurance solutions, offering everything from traditional and specialty lines to innovative sharing economy products and managing agency services at Lloyd’s. Today, Apollo continues to grow with a team of over 250 professionals dedicated to fulfilling the company’s mission of supporting a resilient and sustainable future.
“We attract and retain a diverse range of talent by fostering an inclusive, equitable team environment where individuals from all backgrounds have opportunities to grow, succeed, and contribute. We empower our teams to achieve excellence and drive forward-thinking solutions, aiming to enable a resilient and sustainable world.” - David Ibeson, Group CEO
Your Role:
Ibott’s clients are tech-focused, data driven and growing exponentially. Ibott has also grown rapidly and is now becoming a mature, established business with expected plan premiums well in excess of $0.5Bn. Our actuaries are embedded with the underwriters and are instrumental in understanding clients’ needs and meeting these with future-proof insurance solutions. In this role, not only will you be working alongside Ibott underwriters having regular contact with brokers and clients, you will also have the opportunity to create the tools that the underwriters need to be self-sufficient as the business grows.
Data driven decision making is at the heart of what we do at Ibott so you can also expect to influence the overall strategic direction of Ibott and get involved in wider topics than in a more traditional role.
Should you wish, you’ll have the opportunity to travel internationally to engage with clients.
What you’ll do:
- Support underwriters and senior pricing actuaries in developing and maintaining suitable pricing models in accordance with Apollo’s Pricing Policy, including methodologies, ‘benchmark’ rates and loading requirements.
- Maintain strong working relationships with key stakeholders (underwriters, brokers, clients)
- Support underwriters in structuring and pricing complex deals for usage-based insurance contracts. This could include being involved in the negotiations with brokers and clients.
- Assist in the development of accurate, relevant and timely MI and management reporting for internal and regulatory purposes.
- Assist in ensuring that there is an effective feedback loop between actuarial, claims and underwriting on the business written as well as within the actuarial team to ensure relevant information is fed back to capital modelling and reserving actuaries.
- Carry out deep-dive profitability reviews, including preparation of the data and analysis of the profitability of business (sub)segments, as required and ensure the results of these analyses are used to drive business decision making and updates to pricing tools.
What we are looking for:
- Progress towards FIA qualifications, or equivalent
- Experience in the London Market or Lloyd’s
- Proven mathematical and analytical skills with great attention to detail
- Experience in applying statistical methods in case pricing and/or in developing and maintaining pricing tools
- Advanced skills with MS Excel and demonstrable programming experience.
- Partnering mentality with the ability to build strong working relationships with peers, underwriters and other business areas
- Experienced in communicating with a wide range of stakeholders and able to present technical information to a non-technical audience
- Demonstrable problem solving and creative skills
- Knowledge of current economic and professional technical trends and issues
- Skilled at working in a dynamic, fast-paced environment
- Adaptable to strategic business and market shifts
- Knowledge of Python or another programming language
- Ability to analyse and synthesise information from large volumes of data
- Familiarity with data visualisation tools: Power BI or equivalent
What you will get in return:
As well as your salary, this role offers a discretionary bonus plus a broad range of benefits, including Non-Contributory Pension, Private Medical & Travel Insurance.
Our Commitment to Inclusion:
Apollo is a growing and diverse team of empowered and passionate experts who focus on bringing innovation, data driven decision making and collaboration to every relationship and every risk. To meet the needs of a demanding global insurance market, we need a diverse workforce that truly understands the international communities we serve.
That is why we're focused on developing diverse talent at every level; inclusion and diversity means more to us than just chasing a target and we are committed to supporting and celebrating difference. Our people are at the heart of our business which is why we value the diversity of thought and talent of every member of our team.
We offer a range of support and run a programme of events and training that recognise the challenges and opportunities relating to diversity.
Hybrid & flexible working:
At Apollo, hybrid and flexible working is fully embraced and we do not see the benefit of presenteeism. We understand that no two colleagues are alike, and as such we support the ability to remain agile and achieve a home and work balance to best suit business and personal commitments.
Supporting your application
We want everyone to have equal access to our recruitment and selection processes so please take a few moments to complete a Clear Talents Candidate profile to identify any support or adjustments you may require during the recruitment process.
Thank you!
To find out more about our values, ESG strategy and commitment to inclusion please click on the 'Life at Apollo Pack’ link at the bottom of our careers page https://apollounderwriting.com/careers/
Top Skills
Apollo (apollounderwriting.com) London, England Office
One Bishopsgate, London, London, United Kingdom, EC2N 3AQ
