
Actuarial Programmer / Data Scientist
Date Posted
18th June 2020
Reference
VAC-8523
Sector
General Insurance, IT
Job Type
Permanent
Location
London
Benefits
£70-£90k base + 20% bonus
Salary
£70,000 to £90,000 Per Annum
Job Description Apply: Actuarial Programmer / Data Scientist
- Do you have an actuarial or insurance data science background?
- Are you able to combine programming knowledge (ideally in Python) with actuarial or pricing techniques?
- Are you excited to work with people (both underwriters and other actuaries) in a small, fast paced environment with rapid decision making?
- Are you particularly interested to create new ways of working, experimenting with new data sets and are you able to see the wood for the trees?
If so, I would be very interested to see your CV and discuss a hybrid actuarial / pricing tool development role. Qualification levels are not important. We don't really care if you are a Fellow, a student or have quit the exams; in fact we don't really care if you took the exams in the first place. What we need is someone with programming experience and knowledge of actuarial techniques (ideally insurance pricing). Anything else would be great (GLMs, pricing optimisation, CART, machine learning etc).
You will have a tremendous amout of autonomy in your role and report to the Group Chief Actuary (who reports to the CEO). The business is a provider of specialty lines insurance with extensive business interests in the UK and select other territories, including North America. The company is heavily investing in it's tech stack, and recently they have taken up 64-bit capital modelling software, a new pricing rule book and are looking at implementing a new reserving system.
The role will see you focus on three things:
1) Upgrading the way pricing is done in the business; this involves extensive discussions with your underwriting and actuarial colleagues
2) Creating new pricing tools in Python and embedding them in the current pricing and underwriting workflow
3) Experimenting with new data sets; there's plenty of data out there, and some will be signal, and the rest just noise.
We have a full information pack available for interested candidates. Please note the company is currently WFH very succesfully, and whilst their London office is now open, they are adhering to social distancing guidelines and are not expecting anyone to physically work in the office for quite some time. All interviews will be virtual. We have recently recruited a qualified actuary who on-boarded virtually as well, and the business is very well set up to take advantage of communications technology.
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