Jobs in City of London, United Kingdom (Now Hiring) — 2,216 open at 366 companies — Page 58

General

Job Title: Capital Actuary 

Key Relationships: Members of Risk Management, Actuarial, Finance, and Underwriting teams 

Job Summary: To be responsible for the Group’s capital model. 

Key Responsibilities:  

• To maintain and develop the internal model so that it continues to reflect the risk profile 
• To prepare the Internal Model Capital Assessments 
• To use the internal model to answer business and risk management questions 
• To ensure that the capital model meet the Solvency II standards 

 

Other Responsibilities: 

• To develop understanding of the business that will assist producing analysis to use the internal model output 
• To develop understanding of the regulatory approaches that will assist presenting internal model output 
• To comply with relevant Beazley procedures and policies 

 

General

 

It is important that within all your interactions both internally and externally you adhere to Beazley’s core values - Being Bold, Striving for Better, and Doing the Right Thing – as they contribute to an internal environment of teamwork and promote a positive brand image and experience to our external customers. We also expect Beazley employees to:

• Comply with Beazley procedures, policies and regulations including the code of conduct which incorporates the PRA and FCA Conduct.
• Undertake training on Beazley policies and procedures as delivered by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) either directly, via e-learning or the learning management system.
• Display business ethics that uphold the interests of all our customers
• Ensure all interactions with customers are focused on delivering a fair outcome, including having the right products for their needs.
• Comply with any specific responsibilities necessary for your role as outlined by your line manager, the People & Sustainability or assurance teams (compliance, risk, internal audit) and ensure you keep up to date with developments in these areas. This may include, amongst others, Beazley’s underwriting control standards, Beazley’s claims control standards, other Beazley standards and customer relationship management.
• Carry out additional responsibilities as individually notified, either through your objectives or through the learning management system. These may include membership of any Beazley committees or working groups.

 

Personal Specification: 

Education and Qualifications 

Essential Criteria

• University degree, post-graduate preferred, in a quantitative or analytical discipline 
• Part qualified actuary or willing to undertake the actuarial exams. Ideally seeking nearly/newly qualified
• Proven ability in using databases (familiarity with SQL) 

 

Skills and Abilities 

• Strong modelling skills 
• Able to communicate effectively with internal staff and regulators, both verbally and in writing 
• Team worker as well as able to work on own initiative 
• General commercial and financial knowledge 
• The ability to manage time, meet deadlines and prioritise 
• Strong Programming skills with exposure to MS Excel 2007, MS Access 2007, and VBA 
• Understanding of statistical concepts and exposure to using statistical software with an ability to learn new technologies quickly 

 

Knowledge and Experience 

• Professional work experience; exposure to insurance industry advantageous 
• Data analysis and research 

 

Aptitude and Disposition 

• Outcome focussed, flexible and enthusiastic 
• Interested in helping and educating others 
• Professional approach 
• Keen to interact with various departments in the group 

 

Competencies 

• Programming skills (VBA preferred) 
• Information seeking 
• Self starter 
• Willingness to learn 
• Analytical thinking 
• Problem solver 
• Team work 
• Initiative 
• Integrity 
• Accuracy 

 

Who We Are:

 

Beazley is a specialist insurance company with over 30 years’ experience helping people, communities and businesses to manage risk all around the world. Our mission is to inspire our clients and people with the confidence and freedom to explore, create and build – to enable businesses to thrive. Our clients want to live and work freely and fully, knowing they are benefitting from the most advanced thinking in the insurance market.  Our goal is to become the highest performing sustainable specialist insurer.

Our products are wide ranging, from cyber & tech insurance to marine, healthcare, financial institutions and contingency; covering risks such as the weather, film production or protection from deadly weapons.

 

Our Culture

 

We have a wonderful mix of cultures, experiences, and backgrounds at Beazley with over 2,000 of us working around the world. Employee’s diversity, experience and passion allow us to keep innovating and moving forward, delivering the best. We are proud of our family-feel culture at Beazley that empowers our staff to work from when and where they want, in an adult environment that is big on collaboration, diversity of thought and personal accountability. Our three core values inspire the way we work and how we treat our people and customers.

 

• Be bold
• Strive for better
• Do the right thing

Upholding these values every day has enabled us to become an innovative and responsive organization in touch with the changing world around us – our ambitious inclusion & diversity and sustainability targets are testament to this.

 

We are a flexible and innovative employer offering a friendly, collaborative, and inclusive working environment. We actively encourage and expect applications from all backgrounds. Our commitment to fostering a supportive and dynamic workplace ensures that every employee can thrive and contribute to our collective success.

 

Explore a variety of networks to assist with professional and/or personal development. Our Employee

 Networks include:

 

• Beazley RACE - Including, understanding and celebrating People of Colour
• Beazley SHE - Successful, High potential, Empowered women in insurance
• Beazley Proud - Our global LGBTQ+ community
• Beazley Wellbeing - Supporting employees with their mental wellbeing
• Beazley Families - Supporting families and parents-to-be

 

We encourage internal career progression at Beazley, giving you all the tools you need to drive your own career here, such as:

 

• Internal Pathways (helping you grow into an underwriting role)
• iLearn (our own learning & development platform)
• LinkedIn Learning
• Mentorship program
• External qualification sponsorship
• Continuing education and tuition reimbursement
• Secondment assignments

 

The Rewards

 

• The opportunity to connect and build long-lasting professional relationships while advancing your career with a growing, global organization
• Attractive base compensation and discretionary performance related annual bonus
• Private medical insurance coverage for both you and your dependents
• Company paid life assurance and long term disability insurance
• Pension with 10% employer contribution, plus a further matched contribution up to 2.5%
• 25 days of annual leave (prorated for 1st calendar year of employment), plus public holidays, with the ability to flex the religious bank holidays to suit your religious beliefs, subject to approval. Additional annual leave purchase is also available up to a maximum of five additional days per year.
• Up to 2.5 days matched paid leave for volunteering at a charity of your choice and 5 days paid leave to provide or arrange care for a dependent with a long term care need annually
• Up to £550 reimbursement towards home office setup
• Free in-office lunch and monthly lifestyle allowance
• Monthly travel allowance or annual season ticket
• The opportunity to save for, and purchase, shares of Beazley stock
• Six months fully paid parental leave, regardless of how you come to parenthood
• Company paid sabbatical up to 12 weeks after 10 years of continued service
• Support with exam/study leave and fees for relevant qualifications related to furthering education
• Smart working policy and flexible working culture, trusting our employees to do what works best for them, their role and the needs of the business