The Role:

This is an opportunity to join a market-leading actuarial pricing team at a major global specialty (re)insurer, giving exposure to a wide range of products and pricing techniques.

From day one you will be contributing to the development of sophisticated pricing models in a diverse range of classes, working alongside specialist pricing actuaries and underwriters to assess multimillion-dollar deals.

A full training package is provided, including a generous study allowance for the IFoA fellowship qualification.

The role will also provide a clear development path, with opportunities to specialise in and manage specific classes in due course.

You must have excellent numerical / statistical skils and be a confident communicator, who can convey complex ideas in a concise way to non-specialists.

Responsibilities:

• Assist in pricing of large and/or complex risks
• Assist with the development and maintenance of pricing models for London Market (re)insurance business
• Assist in the research of key pricing assumptions and market rates
• Carry out data manipulation, reconciliation and analysis
• Help underwriters to use pricing tools in a personable and professional manner
• Assist other teams in the Actuarial Function where required and to help gain a breadth of knowledge and skills. For example, participate in capital analyses, quarterly reserving and the development of ad hoc analyses

Skills and Experience:

• High level of numeracy with an excellent record if academic achievement
• Ability to explain complex technical concepts to non-specialists
• Willingness to learn and develop expertise within the insurance market
• Experience using statistical modelling techniques
• Excel and/or programming skills and a strong desire to develop these further
• Strong problem solving skills. Ability to apply existing knowledge to a new problem in order to suggest solutions
• Working in an organised manner, producing clear documentation and audit trails.
• Ability to prioritise work and assessing feasibility of deadlines.

Our benefits

We offer all employees a comprehensive benefits package that focuses on their whole wellbeing. This includes hybrid working, a competitive base salary, non-contributory pension, discretionary bonus, insurances including health (family) and dental cover, and many other benefits to enhance financial, physical, social and psychological health.

About Canopius

Canopius is a global specialty lines (re)insurer. We are one of the leading insurers in the Lloyd’s of London insurance market with offices in the UK, US, Singapore, Australia and Bermuda.

At Canopius we foster a distinctive, positive culture which enables us to bring our whole selves to work to flourish as people, and build a business which delivers profitable, sustainable results.

Based in incredible new offices in the heart of the City of London, Canopius operates a flexible, hybrid working model and is committed to providing an environment that challenges employees to be their best and where everyone's unique contributions are recognised, valued and respected.

We are fully committed to equal employment opportunities for all applicants and providing employees with a work environment free of discrimination and harassment. All employment decisions are made regardless of age, sex, gender identity, ethnicity, disability, sexual orientation, socio-economic background, religion or beliefs, marital or caring status, or any other status protected by the laws or regulations in the locations where we operate. We encourage and welcome applicants from all diverse backgrounds.

We make reasonable adjustments throughout the recruitment process and during employment. Please let us know if you require any information in an alternate format or any other reasonable adjustments.