UCD Actuarial Placement
Key Skills for This Role
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About us
The Fidelis Partnership is a leading privately-owned, Bermuda-based Managing General Underwriter, which, through its subsidiaries, is a global underwriter of property, bespoke and specialty insurance and reinsurance products. The Fidelis Partnership is one of the largest Managing General Underwriters globally and its operations also include outwards reinsurance, claims handling, exposure management and portfolio analytics. The Fidelis Partnership also sponsors and incubates specialist MGAs through its Pine Walk platform. The Fidelis Partnership is separately owned and managed from the ownership and management of Fidelis Insurance Group.
Across product lines and geographies, we focus on three diversified pillars: reinsurance, specialty and bespoke solutions. We are truly diversified. Our long-standing partnerships with capital providers and quota share partners make us nimble. Our breadth of expertise and capabilities deliver outstanding market returns.
The role
Rare opportunity with future growth potential at a renowned (re)insurer. This role will join a growing team, and report to a Specialty Pricing Actuary. The specialty Analyst will cover a broad range of lines and work closely with pricing actuaries, modellers, and underwriters, both in the UK and Dublin offices.
Key accountabilities
Provide modelling and pricing support to the Pricing Actuary and underwriters across a broad range of classes, including Marine (Hull, Liability, cargo, war), Energy, Contingency, Airlines, Space, Cyber, Mortgage and Credit.
Work with the Pricing Actuary to develop and implement modelling solutions for specialty
Assist in monitoring of aggregations of risk and contribute to risk
Contribute to ongoing enhancement of pricing
Assist with capital modelling, reserving and business planning as
Communicate conclusions effectively to underwriters and
Continuously improve analysis to ensure it is at the forefront of the industry in order to maintain commercial advantage
Skills & experience
- Strong intellectual and mathematical acumen, demonstrated by excellent academic results
- Insurance industry experience desirable but not
- Strong Excel skills and interest in enhanced data techniques/software such as PowerQuery and python.
- Ability to develop and maintain SQL procedures is beneficial
- High attention to detail with the ability to multi-task and prioritize own work against needs of business
- Strong critical thinking and ability to interrogate data successfully and provide challenge when required
- Ability to work effectively both independently and within teams
- Ability to deliver high quality work within tight deadlines
At The Fidelis Partnership, we aim to be different while making a difference.
We set the standard for quality in our industry. Guided by our expertise, our clients can take unique and material risks with confidence.
Our approach is tailored and designed to deliver excellence for our clients. We are trailblazers, creating unique solutions in the (re)insurance space.
We are experts. Our brokers and clients value the depth of our knowledge and experience. We leverage state-of-the-art underwriting technology to be a market leader.
We believe sound ethics make for good business. We deliver value for our customers, investors and communities while actively avoid trading with industries that cause harm to people, the environment and animals.
We pride ourselves in creating a workplace that prizes execution, meritocracy, Diversity & Inclusion. Our people herald from countless backgrounds and are united by ambition and the unabashed desire to deliver excellence every day. We provide a competitive environment that helps people cultivate themselves professionally and personally and balance a rigorous workplace with a mindset that prioritises environmental and charitable activities in our communities worldwide.
Our ethos dictates our decisions and actions. It unites us as a team of experts and colleagues and provides us with a compass for ensuring we deliver our best to every stakeholder we serve.
Diversity & Inclusion in the workplace
- Insofar as possible, we aim to ensure the composition of our workforce reflects the make-up of the local community
- We have specific programmes in all our offices to support diversity within the hiring process, e.g. internship and scholarship award programmes
- This is a particular focus in Bermuda, where we engage actively with local organisations to source diverse talent and provide coaching/mentoring for underrepresented groups
- We aim to maintain a focus on equal opportunities across all stages of hiring process
- We measure and minimise the pay gap where possible.
About The Fidelis Partnership
Privately owned Bermuda-based managing general underwriter allocating specialty, bespoke, and reinsurance risks for global clients.
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