Actuarial Analyst – Insurance Consulting

  • Full time
  • Prague
  • Posted 4 days ago


Prague, CZ

August 03, 2022

As an Actuarial Analyst in our Insurance Consulting Technology business you will work besides industry’s top consultants providing advice to Insurance companies. You will have immediate exposure to client assignments which will draw on your imagination and creativity as well as your ability to analyse data, draw conclusions and present results. These experiences will help build your technical knowledge and overall industry expertise.

The Role
• You will contribute to varied and interesting projects such as: Pricing and product valuations; Competitive Market analysis; Reserve valuations; Enterprise Risk Management; Mergers, Acquisitions and Restructuring; Self Insurance and Captives
• Work collaboratively with other associates and consultants to determine initial data needs, examine obtained client information and perform any follow up work required to populate complete data sets
• Develop a strong understanding of the Life and P&C insurance industry and become familiar with the various steps needed to prepare data for reserving, pricing and capital management activities
• Seek and participate in key learning and development opportunities/maintain steady progress through exams
• Prepare the first draft of reports for review by the lead consultant on the client team(s)
• Build strong relationships internally and collaborate effectively on cross-functional teams
• Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
• Deliver on projects to meet or exceed client expectations and within deadline
• Increase efficiency within client teams by identifying ways to improve processes
• Contribute to sales and marketing efforts by drafting proposals and responding to RFPs

The Requirements
• Academic qualification in the area of actuarial science, financial risk, mathematics, statistics or other related discipline
• Experience in risk management and or financial topics are useful
• Related experience including developing and projecting actuarial models using actuarial software (Risk Agility, Moses, Prophet is a plus)
• A problem solver; able to identify and solve challenging problems
• Analytical; able to draw conclusions from data in a logical, systematic way
• Conceptual; ability to go beyond the details and see the big picture
• Results-driven; focused on achieving results that promote business success
• Availability to travel on an as needed basis
• Fluency in English, written and spoken
• Well-developed verbal communication skills in Czech, Slovak or another CEE languages (eg Slovenian, Croatian, Polish, Hungarian, Romanian, Bulgarian)
• Committed to quality; continuously works to achieve the highest quality standards
• Ability to work both independently and on client teams and enjoy a fast-paced environment
• Excellent Microsoft Office skills, particularly in Excel and Access

Equal Opportunity Employer.

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