About the company
Steamship Mutual is a P&I insurance company, with 210 employees worldwide. The main office is based near Liverpool Street station, London. We have offices in Bermuda, Brazil, Cyprus, Greece, Hong Kong, Japan, and Singapore.
Overall Job Purpose:
The role is primarily focused on reserving. The successful candidate will be able to effectively handle the quarterly reserving process and support data analytics for the wider organisation. In addition, the individual will be able to support capital modelling, reporting and development.
Key Responsibilities:
- Calculation of the quarterly reserving process including data collation and validation, actuarial modelling, results analysis and report preparation.
- Provide data analytical support and guidance to business users (primary UW and Claims) – understanding business needs, developing reports, providing user training.
- Support with business data modelling.
- Implementing reporting best practices.
- Supporting calculation of the various capital requirements
- Carry out other ad hoc analysis as required by the business.
Person Specification:
- Newly / qualified actuary with at least 1-3 years’ reserving experience in non-life insurance.
- Experience with reserving software.
- Advanced Excel skills, ideally with some knowledge of a programming language.
- Data analysis tools and techniques.
- Takes ownership of tasks and challenges, seeing them through to completion.
- Ability to work in a cross-functional team.
- Good organisation skills.
- We will offer you a generous employers contribution to the Steamship Group Pension Fund and give you peace of mind with life insurance, Group Income Protection and private medical and dental cover. Additionally there is flexible working to help you achieve work-life balance, when you need it the most
- We offer hybrid working with 3 days in the office and 2 days at home
- We offer a programme of wellbeing activities throughout the year, trained on-site mental health champions and a health subsidy to create an environment that supports everyone’s mental and physical health
- Offers a range of services such as counselling, information, and support across a wide range of issues such as personal and work related concerns, legal, financial advice and health. The EAP service is confidential, available 24/7 and run by an independent provider
Company Values
Mutuality - ensuring fairness amongst Club Members
Integrity - upholding high ethical, legal, and regulatory standards
Safety and Sustainability - contributing to safety of life at sea and the preservation of the environment
Transparency - building strong relationships based on trust and open communication
Excellence - enabling our people to realise their full potential as team members, industry experts, leaders, and managers
Collaborative - embracing flexibility, diversity, and inclusivity
**Steamship Insurance Management Services Ltd is committed to providing a great service to all our members. We pride ourselves on offering a people-centred culture that provides mutual respect and support for all our staff and we welcome and encourage you to apply**