Take the next step in your career with us.

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge.

We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs.

Our people are our most important asset, and we are very proud of the quality of our team members.

Allied World Assurance Company, Ltd. seeks an individual to fill the position of AVP & Pricing Actuary. The successful candidate will be expected to provide actuarial pricing support to various underwriting departments across Europe, with the position being located in Allied World’s London office.

The role reports into the Head of Pricing for Europe, and will broadly cover the following:

Responsibilities:

• Lead actuarial pricing review for various lines of insurance written from the European offices and through Lloyd’s. Lines of business include property, general casualty, D&O, E&O, medical malpractice, marine and onshore construction
• Research and update various pricing parameters used within our pricing models such as increased limits factors, loss trend factors, underlying loss costs per unit of exposure, etc.
• Perform annual portfolio reviews across all class of business written through Europe, Asia and the Lloyd’s Syndicate
• Work closely with underwriters on individual account pricing and to improve usability and accuracy of the pricing models
• Help build and maintain pricing models in Excel and Rulebook
• Any other duties as assigned by the Head of Pricing

Education, Skills and Experience:

• 5 or more years of experience as an actuary, preferably London Market Pricing insurance or reinsurance
• Nearly / newly qualified Fellow of the IFoA or of another well-established actuarial organization
• Bachelor’s degree in mathematics, statistics or related field
• Proficient with Excel
• Experience using Rulebook, Visual Basic for Applications (VBA), SAS, R and GLM modeling would be beneficial
• Strong analytical and communication skills
• Ability to learn quickly
• Ability to make sound decisions in a timely manner
• Highly skilled at dealing with concepts and complexities comfortably
• Strong ethics and integrity

Global Presence

We are headquartered in Bermuda, with offices in Atlanta, Boston, Brisbane, Chicago, Costa Mesa, Dallas, Dublin, Farmington (CT), Hong Kong, Houston, Labuan, London, Los Angeles, Manchester, Miami, Nashville, New Jersey, New York, Philadelphia, San Francisco, Singapore, Sydney, Toronto and Zug.

Our Business

Allied World Assurance Company Holdings, Ltd, through its subsidiaries, is a global provider of insurance and reinsurance solutions. We operate under the brand Allied World and have supported clients, cedents and trading partners with thoughtful service and meaningful coverages since 2001. We are a subsidiary of Fairfax Financial Holdings Limited, and benefit from a worldwide network of affiliated entities that allow us to think and respond in non-traditional ways.

Allied World is an equal opportunity employer. Subject to applicable law, all qualified applicants will be considered for employment without regard to race, color, religion or belief, gender, age, disability, military service, marital or civil partnership status, family status, sexual orientation, ethnic or national origin, genetic information or any other characteristic protected by applicable law or regulation in the relevant jurisdiction where we operate.

To learn more, visit awac.com, or follow us on LinkedIn at linkedin.com/company/allied-world.