MI Analyst, Actuarial Systems

MI Analyst, Actuarial Systems

MI Analyst, Actuarial Systems

Apply locations Lloyd's UK: London

Time type: Full time

Posted on: Posted 2 Days Ago

Time left to apply: End Date: May 8, 2025 (24 days left to apply)

Job requisition id: R4081

Lloyd's is the world's leading insurance and reinsurance marketplace. We share the collective intelligence and risk sharing expertise of the market's brightest minds, working together for a braver world.

Our role is to inspire courage, so tomorrow's progress isn't limited by today's risks.

Our shared values: we are brave; we are stronger together; we do the right thing; guide what we do and how we act. If you share our values and our passion to build a future that's more sustainable, resilient and inclusive, you'll find a home at Lloyd's - build a braver future with us.

Lloyd's is seeking to recruit an MI Analyst Actuarial Systems. The role holder will primarily assist the Manager, Actuarial Data and Systems to improve the efficiency and reliability of the data capabilities within the team by developing and enhancing systems, processes and reporting. Additionally, the role holder will be required to assist the team's data scientists in their analytical projects.

The Corporation of Lloyd's oversees and provides services to support the Lloyd's market and promotes Lloyd's around the world.

Market Reserving & Capital (MRC) is the actuarial department in the Corporation and is responsible for market oversight as regards monitoring the adequacy of reserves and capital at syndicate level, and for the calculation of capital requirements for members and the Central Fund.

The responsibilities of MRC require significant volumes of data for which they must attest the accuracy, completeness and appropriateness. This role is a leading part of the maintenance and analyses of these datasets.

Principal Accountabilities

1. Develop and enhance MRC reports and processes
2. Use Data Lake to manage MRC data
3. Develop and maintain Python scripts, using GitHub for version control
4. Develop and maintain our suite of dashboards
5. Gather and analyse the data required for the projects and ad-hoc tasks including performing gap/impact analysis in Excel
6. Provide support to the actuarial teams as well as wider Lloyd's departments as required
7. Provide assistance to the Lloyd's Internal Model team with the use of Lloyd's coding packages
8. Assist the team's data scientists and engineers in predictive analytics projects
9. Understand the datasets used by MRC
10. Assist in the collection and management of key MRC data sets from the market. Assist in the validation process of these key data sets, including communicating issues to the market

Skills Knowledge and Experience

1. Python or the clear potential to develop Python skills
2. SQL or Data Lake knowledge
3. Microsoft Office
4. Analytical skills
5. Apply sense-checking to expectation of output
6. Proactively spot and raise issues which may mean deadlines are not met
7. Assists others with queries within own work area
8. Adapts style of communication to different audiences
9. Proactively recognise needs of wider team and adapt work undertaken appropriately
10. Used to suggesting new, practical ways of engineering existing processes within own work areas, including the adoption of new technology

Diversity and inclusion are a focus for us - Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in. One where everyone is treated with dignity and respect to achieve their full potential.

We understand that our work/life balance is important to us all and that a hybrid of working from the office and home can offer a great level of flexibility. Flexible working forms part of a total reward approach which offers a host of other benefits over and above the standard offering (generous pension, healthcare, wellbeing etc).

By choosing Lloyd's, you'll be part of a team that brings together the best minds in the industry, and together with our underwriters and brokers, we create innovative, responsive solutions allowing us to share risk and solve complex problems.

Should you require any additional support with your application, or any adjustments, please click the following link:

Application Support Link

About Us

Lloyd's aim is to build a diverse, inclusive environment that reflects the global markets we work in and in which everyone is treated with dignity and respect.

We will invest in attracting the best talent to Lloyd's, making sure recruitment is targeted at bringing in the skills we need to evolve.

We will develop a talent pipeline that provides us with the key capabilities we will need for the future.