Analyst - UK Actuarial Function

Since Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.

We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.

Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.

The Role 

• To assist with BAU and projects within the UK Actuarial Function (as well as the wider group where required), so that actuarial services provided within the entity are in line with the actuarial business plan and broader strategic objectives within Aspen.
• To actively achieve solutions for technical challenges by assisting with the development, enhancements, maintenance and ensuring corporate and actuarial governance standards are met, with the goal of implementing activities or approaches that meet actuarial standards.
• The role requires the ability to interact with various teams across Aspen including other Actuarial teams, Underwriting, Claims, Finance, Risk and Capital, amongst others. 
• Our Aspen Values are expected to be reflected in the delivery and performance of every role.

Key Accountabilities

• Contributes to the tactical Actuarial plan and provides support to others to achieve positive results for the business in line with strategy
• Contribute to shaping Actuarial strategy and provide tactical leadership and support to colleagues to achieve positive results for the business in line with strategy
• Contributes to the delivery of key Actuarial projects in line with Actuarial strategic vision
• Facilitate successful process improvement delivery
• Determines own work priorities and activities in line with agreed plans to ensure the achievement of the function’s objectives.
• Provide appropriate level of governance, as well as documentation/training material for the specific work being undertaken, in line with professional standards and/or Aspen specific standards and regulatory requirements
• Develop, maintain and validate actuarial systems, data, reporting and procedures to ensure that these are aligned with business needs and fit for purpose - This is to include adopting efficient and consistent actuarial models and processes and/or technologies where appropriate.
• Manage and continually develop the actuarial function to ensure its delivery and services best meet business needs, by

• • Instigating new projects and initiatives
  • Assessing and inputting to the purchase and development of risk analysis and management systems

• Review work prepared by other actuaries and analysts as necessary

Knowledge, Skills, & Experience

• Good knowledge of actuarial analysis across pricing, reserving and model development
• Technical experience with data manipulation
• Established knowledge of actuarial techniques used for pricing and/or reserving insurance
• Proficient user of simulation techniques and other actuarial techniques used for pricing loss sensitive product features
• Good knowledge of MS Excel and other analytical tools.  
• Ability to conceptualise in solving specific problems
• Excellent in the use and interpretation of numerical data
• Ability to organize work to meet deadlines
• Ability to work within defined procedures as recommended by functional teams
• Experience within an actuarial role in general insurance.
• General experience in insurance industry involving data/analysis/systems/projects
• Preferred area of studies in a field where analytical and problem-solving skills are fundamental and clear written and verbal communication skills were encouraged

At Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate.  We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.