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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:
Reporting to a senior Reserving Actuary within the Reserving team, assist in providing actuarial support to the business including delivery of regular reserving for the syndicates under management.
Contribute to the maintenance and development of the existing SQL/Excel/VBA based suite of reserving tools.
Assist in ensuring that the feedback loop between Reserving, Capital, Pricing and Portfolio Management, as well as other areas of the business is working effectively and efficiently including Claims, Underwriting and Finance.
What you’ll do:
- Assist in the quarterly reserving process. This includes estimating ultimate claims and premiums and the earned / unearned equivalents on a UK GAAP basis.
- Assist in the processing of data, performing data checks and management of data through the quarterly reserving process.
- Assist in the undertaking of reserving deep dives into specific areas of interest in the portfolio
- Assist in the maintenance and development of the in-house SQL/Excel/VBA reserving tools.
- Assist in the Solvency II Technical Provisions, US Trust Fund calculations and other regulatory deliverables.
- Assist in the development of management information and reporting for internal and external stakeholders.
- Assist, where appropriate, in the analysis of new lines of business
What we are looking for:
- 1st class or Upper 2nd class degree in a numerate subject
- Experience in reserving, preferably London Market
- Progress towards a professional Actuarial qualification.
- Excellent IT skills e.g. Microsoft Office Suite.
- Knowledge of programming languages such as VBA, SQL, Python is highly desirable.
- Creative with the ability to solve problems.
- Process efficiency & automation.
- Good work ethic.
- Good interpersonal skills.
- Strong written and oral communication.
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/
Apollo (apollounderwriting.com) London, England Office
One Bishopsgate, London, London, United Kingdom, EC2N 3AQ
