Convex is looking to hire an inquisitive Actuarial graduate to support the team in achieving its purpose which is to help improve risk-based decision making of the Underwriting teams and thereby influence the successful delivery of the underwriting business plan.
We do this by performing Reserving studies and feeding insights from those studies into the business but also by shaping and influencing the day-to-day activities of Underwriters, Analytics, Claims, Pricing, Finance, Exposure Management & Stochastic Modelling.
Our Actuarial graduates have a top-tier aptitude for numbers, a desire to complete the actuarial exams (which we offer full support) and strong problem solving and critical thinking skills.###
As you develop into the role, some of the key tasks may include...
Reserving activities for major events and US GAAP
Compliance with Solvency II including calculation of Technical Provisions and the Standard Formula, as well as the Actuarial Function Reports
Partnering with the business on key strategic projects
Analysing external data
Developing solutions for reserving using technology
Liaising with different functions including claims, finance, underwriting and analytics
Understand, manipulate and analyse internal data
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Skills Knowledge and Expertise
Undergraduate or Masters degree in a statistical or numerical based subject (e.g. Actuarial, Economics, Physics, etc..)
A desire to qualify as an Actuary at Convex (full support given)* Ability to communicate effectively with a technical and non-technical audience, both verbally and in writing
Enjoys working in a team on a variety of topics and projects
Naturally curious with an interest in topics that directly impact Convex and the market we operate in.
Genuine interest in using data and technology to improve processes and decision-making. Coding experience is a great addition but not required.
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Benefits
When you join us, you're not just accepting a job--you're securing a future. We know that top talent demands more than a standard salary, which is why we've designed an exciting benefits package. Some of the favourites for previous graduates and school leavers include...Annual Performance Bonus
30 days Annual Leave
3 days of Volunteer Leave each year
Birthday Leave
1,300 to spend on learning & wellbeing
10% Employer Pension Contribution
Private Health Insurance Medical & Dental Cover
Full Support for Professional Qualifications (IFoA, CII, CFA, etc...)
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About Convex Insurance
In 2019, Stephen Catlin and Paul Brand co-founded Convex with $1.7bn of initial committed capital to underwrite insurance and reinsurance for complex specialty risks. The company has since received an A.M. Best rating of A (Excellent) and regulatory approval to operate in London, Bermuda, Luxembourg and United States.
We have also welcomed leaders in their fields from across the insurance industry, bringing a diversity of thought and approach.
We live our values in every facet of our business:
Earn our reputation
Everything we do affects how others see us. Our success depends upon our reputation, for which all of us share responsibility.
Straightforward and fair
We tell it like it is, with fairness, dignity and respect. We strive to do the right thing always, however hard it seems.
Determined to improve
However good we are, we are not complacent. We know we can always be better and we never stop trying to improve.
Inspired by opportunity
We come to the market and to every client engagement without baggage. There is no limit to what we can achieve together.
Enjoy being different
We feel positive about change and we are not afraid to try new things in our quest for a better way for clients, stakeholders and colleagues to do business.
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