Actuarial Analyst
LCI Consulting Inc.
- Grand Cayman
- Not disclosed
- Contract
- Updated 09/05/2024
- Human Resource
The Actuarial Analyst supports the underwriting of parametric insurance policies, developing dynamic financial analysis tools, managing risk appetite, and access to reinsurance coverage.
NOTE: CCRIF SPC is registered in the Cayman Islands and operates as a virtual organisation. Applications from citizens/residents of CCRIF Member Countries are welcomed.
JOB OPPORTUNITY - ACTUARIAL ANALYST
The Actuarial Analyst is a full-time technical position within CCRIF SPC with responsibility of supporting the Risk Management Team with the underwriting of parametric insurance policies, the development of dynamic financial analysis tool, risk appetite management and access to reinsurance coverage.
Main Functions and Responsibilities
Specifically, the Actuarial Analystwill work closely with the Senior Actuarial Analyst and Chief Risk Management Officer to:
Develop and maintain analysis and control tools
Run the Dynamic Financial Analysis and deliver reports
Analyse the portfolio and produce risk management reports
Report on capital optimization exercise
Provide information to support reinsurance decisions
Report on financial analysis post event and during renewals
Support the review of the loading scheme used for pricing purposes
Qualifications and Experience
A Master’s degree in a relevant field such as Actuarial or Data Science AND a minimum of 3 years’ experience in a similar industry covering at least two of the following functions: actuarial methods, underwriting, cat modelling, insurance, and reinsurance OR
A Bachelor’s degree in a relevant field such as Actuarial or Data Science AND a minimum of 5 years’ in a similar industry covering at least two of the following functions: actuarial methods, underwriting cat modelling, insurance, and reinsurance.
Skills and Competencies
Exceptional proficiency in Microsoft Excel, demonstrating the ability to perform complex data analysis and manipulation with ease. Prior experience with @Risk will be preferred
Reporting skills, including use of third-party applications
While not required, coding skills (Python, R, etc.) are highly advantageous and will be considered a strong asset for this role
Excellent oral and written communications skills in English
Spanish speaking and writing competence areassets
All suitably qualified persons interested in this opportunity should submit an application by May 27, 2024.
The full profile is provided in the Terms of Reference for this Vacancy posted on CCRIF's Job Opportunity webpage: https://www.ccrif.org/job-opportunity-actuarial-analyst
