Actuarial Analyst, Pricing - Gibraltar
Remote
United Kingdom
Full Time
11-04-2025
Job Specifications
Created in 2019, EICL was the UK's first ever insurtech to secure its own insurance licence. Authorised and regulated by the Gibraltar Financial Services Commission, we provide underwriting capacity to the group MGA, Zego, for commercial motor customers in the UK.
Trail blazers, industry disruptors, game changers. Whatever you call us, we're setting a new standard for insurance, and helping businesses to reach their full potential along the way.
www.extracoverinsurance.com
Who we're looking for
We are looking for an Actuarial Analyst to join our Actuarial & Portfolio Management team. You will be an important part of our continuous work to optimise our insurance pricing strategies while monitoring and managing our portfolio of insurance products. In this role, you will assist in building and enhancing our MI suite, conducting thorough analyses of performance, and delivering actionable insights that contribute to profitable growth.
For this role, we're keen to attract proactive and eager talent who are ready to make an impact and grow with us. While previous experience isn't a requirement, an actuarial background or ongoing studies in actuarial science would be ideal. We're looking for someone who is smart, adaptable, and excited to learn in a fast-paced, innovative environment.
What you'll be doing{{:}
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Supporting the development and improvement of MI systems and dashboards to enable better and faster decision-making
Conducting portfolio analyses to identify trends, risks, and opportunities that support profitable growth
Assisting with data analysis and reporting for our reinsurers
Preparing and presenting findings to stakeholders in a clear and concise manne
r
Working closely with the Pricing Function to review, challenge, and contribute to the development of the implementable, technical pric
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Supporting the wider Actuarial team on topics related to Solvency II and Reserving when neede
d
Collaborating with teams across Pricing, Finance, Claims, Reinsurance, and Underwriting to provide analytical support where neede
d
What You Will Need to Be Successful in the Rol
e
A university degree in a quantitative field, such as mathematics, statistics, actuarial science, economics, or data scienc
e
0-3 years of experience in an actuarial team in the insurance industry; experience in UK motor is a plu
s
Familiarity with some statistical software tools such as SQL, R, Python, or Excel VBA; experience with MI tools (e.g., PowerBI, Tableau, or QlikView) is a bonu
s
Good communication skills, with the ability to simplify technical topics for non-technical audience
s
Strong analytical skills, capable of extracting insights from data and making actionable recommendation
s
A proactive, adaptable, and collaborative mindset, thriving in fast-paced environment
s
Commercial awareness and the ability to connect analyses to business outcome
s
Note{{:}} The primary location for this role would be either in Gibraltar or nearby in Spain. However, occasional travel to the London office may be required
. To be considered for this role, you must be located in / OR willing to relocate to Gibraltar or nearby Spa
in
About the Company
Zego is a motor insurance provider with a vision to provide the lowest price insurance for good drivers. Know more
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